National Business

MONTREAL — Air Canada says it is acquiring 26 new extra-long range Airbus A321neo aircraft. The airline says deliveries are to begin in the first quarter of 2024 with the last aircraft to arrive in the first quarter of 2027.

CALGARY — Canadian Pacific Railway Ltd. and the union representing 3,000 conductors, engineers and train and yard workers say they have agreed to final and binding arbitration to end a work stoppage.

CALGARY — Canadian Pacific Railway Ltd. and the union representing 3,000 conductors, engineers and train and yard workers say they have agreed to final and binding arbitration to end a work stoppage.

WASHINGTON (AP) — Chair Jerome Powell said Monday that the Federal Reserve would raise its benchmark short-term interest rate faster than expected, and high enough to restrain growth and hiring, if it decides this would be necessary to slow rampaging

REGINA — Saskatchewan Premier Scott Moe says he will be travelling to Europe later this week to discuss food security and energy during a trade mission.

OTTAWA — Air Canada's chief executive has apologized to a parliamentary committee in his first comments since his poor grasp of the French language raised a huge outcry last fall. "I am sorry.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (22,009.13, up 190.66 points.) Canadian Natural Resources (TSX:CNQ). Energy. Up $2.37, or 3.1 per cent, to $78.77 on 20.8 million shares.

TORONTO — Gains in the energy and base metals sectors powered Canada's main stock index to a record level above 22,000 for the first time while the loonie reached its highest level in two months.

ST. JOHN'S, N.L. — A sharply worded new report from a consulting firm hired to monitor the long-delayed Muskrat Falls hydro project in Newfoundland and Labrador says the province's wait for power could drag on for at least another year.

LONDON (AP) — Former tennis champion Boris Becker went on trial Monday in London for allegedly concealing property — including nine trophies — from bankruptcy trustees and dodging his obligation to disclose financial information to settle his debts.