National Business

CALGARY — Canadian oil and gas stocks climbed Monday on the news of Prime Minister Justin Trudeau's resignation, but analysts say the country's energy sector will still be challenged by uncertainty in the months to come.

NEW YORK (AP) — Rising technology stocks helped U.S. indexes recover more of their holiday-season slide that bridged the new year. The S&P 500 climbed 0.6% Monday, its second straight gain following five straight losses.

TORONTO — Prime Minister Justin Trudeau's plan to step down has business experts warning about the heightened uncertainty it has created and the need for a unified front to face the challenges ahead.

McDonald’s is ending some of its diversity practices, citing the U.S. Supreme Court’s 2023 decision outlawing affirmative action in college admissions.

Family Channel is hitting the rinks for a new live-action teen drama set in the high-stakes world of competitive figure skating.

HALIFAX — A Cape Breton paper mill says a federal investment in 24 new wind turbines completes the financing of a project that will secure its future electricity needs. The Canada Infrastructure Bank has announced it will provide $224.

EDMONTON — Government data shows the number of Albertans receiving provincial income support has reached a five-year high. As of October, almost 57,500 residents were getting income support.

TORONTO — Scotiabank says it has signed a deal to sell its banking operations in Colombia, Costa Rica and Panama to Davivienda in exchange for a 20 per cent stake in the Colombian financial institution.

WASHINGTON (AP) — Nippon Steel and U.S.

TORONTO — Barrick Gold Corp. says if its inability to ship gold from its Loulo-Gounkoto mine in Mali is not resolved within the coming week it will have to temporarily suspend operations at the mine.