National Business

MONTREAL — CAE Inc. expects to report a half-billion-dollar loss for its fourth quarter after massive one-time charges linked to its beleaguered defence business.

OTTAWA — Canada's banking regulator says real estate secured lending and mortgages are among the top risks facing the country's financial system as higher interest rates put pressure on borrowers.

MONTREAL — Global strife has boosted demand for Héroux-Devtek Inc. wares, with the continued rebound in commercial travel adding to its record sales last quarter, said CEO Martin Brassard. "The aerospace industry outlook remains very strong.

CALGARY — Imperial Oil Ltd. says it has started production at its new Grand Rapids oilsands project located at its Cold Lake operating site. The Calgary-based company, which is majority owned by U.S.

EL SEGUNDO, Calif. (AP) — Barbie dolls will honor tennis champion Venus Williams and eight other athletes as part of a project announced by Mattel on Wednesday.

MONTREAL — CGI Inc. says François Boulanger will be promoted to the role of president and chief executive, effective Oct. 1.

TORONTO — While there’s still room for surprises, Canadian banks are set to report results after a second quarter that was notable for its economic steadiness. The quarter marked a sharp contrast from a year earlier, when bank failures in the U.S.

NEW YORK (AP) — Israel's shutdown and seizure of an Associated Press video camera that provided a live glimpse into Gaza alarmed many journalists, who worried Tuesday about wider implications for coverage of a war largely fought out of the world's si

MONTREAL — Boeing Co. has pledged $240 million toward a Montreal-area aerospace cluster, anchoring a provincial plan that aims to make Quebec a global launchpad for development of drones and greener aircraft.

MONTREAL — WestJet has postponed its planned integration of Sunwing Airlines, a move that represents a setback for the Calgary-based company after acquiring the leisure carrier last year.