National Business

BRAMPTON, Ont. — MDA Space Ltd. has won a $1-billion contract with the Canadian Space Agency for the next phases of the Canadarm3 robotics system.

VICTORIA — British Columbia Investment Management Corp. says it earned an annual combined pension plan return of 7.5 per cent for its latest year.

Boeing is being sanctioned by U.S. investigators for sharing information about a federal investigation of a door plug blowout that left a gaping hole in a Boeing 737 Max 9.

BlackBerry Ltd.'s chief executive says the company's preparations to divide up its business have so far produced millions in savings and put the business on a path to profitability. John Giamatteo told analysts Wednesday that the Waterloo, Ont.

Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,793.90, up 5.42 points): TC Energy Corp. (TSX:TRP). Energy. Down 69 cents, or 1.29 per cent, to $52.81 on 13.6 million shares.

CALGARY — Calgary’s mayor says if everything goes to plan, the city’s water-conservation crisis could be over by Canada Day.

ST. JOHN'S, N.L. — Power was restored Wednesday to two iron-ore mines and a small community in western Labrador after a ferocious wildfire jumped across a river and advanced quickly toward Churchill Falls, which is home to a massive power plant.

Canada’s main stock index stayed nearly flat Wednesday as shares bobbed along in what one portfolio manager calls a “floating pattern.” The S&P/TSX composite index crept up 5.42 points to 21,793.

CALGARY — A company that aims to develop the lithium that occurs naturally within Alberta's oilfield brines has pegged the estimated capital cost of its proposed Clearwater project at $2.47 billion.

Stocks drifted to a mixed close near the all-time highs they set last week. The S&P 500 index edged up 0.2% Wednesday. The Nasdaq composite rose 0.5%, and the Dow Jones Industrial Average edged up less than 0.1%.