National Business

WASHINGTON (AP) — Lael Brainard pledged in written remarks Wednesday to help the Federal Reserve fight a spike in inflation while still supporting the economic recovery — a tricky balancing act she would face if confirmed as the Fed's No. 2 official.

MONTREAL — Reitmans (Canada) Ltd. says it has paid creditors $95 million as it exits creditor protection after about 20 months. The Montreal-based company says it has paid court-appointed monitor Ernst & Young Inc.

WASHINGTON (AP) — The United States Mint said Monday it has begun shipping quarters featuring the image of poet Maya Angelou, the first coins in its American Women Quarters Program.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (21,395.00, up 120.19 points.) Suncor Energy Inc. (TSX:SU). Energy. Up one cent, or 0.03 per cent, to $35.19 on 14.6 million shares.

VANCOUVER — Aritzia Inc. handily beat expectations as its net profit more than doubled on a big boost in revenues in the third quarter of its fiscal year. The Vancouver-based clothing retailer says it earned $64.

CALGARY — Imperial Oil Ltd. says it intends to market its more than 260,000 hectares of assets in the Montney and Duvernay oil and gas-producing areas of central Alberta.

TORONTO — Commodity price gains helped lift Canada's main stock index and the loonie even as U.S. inflation was at its hottest in nearly four decades last month. The S&P/TSX composite index closed up 120.19 points to 21,395.00.

MONTREAL — Truckers are warning that a Saturday deadline requiring them to be vaccinated in order to enter Canada will put additional strain on supply chains amid the latest COVID-19 surge and severe worker shortages.

WASHINGTON (AP) — Inflation jumped at its fastest pace in nearly 40 years last month, a 7% spike from a year earlier that is increasing household expenses, eating into wage gains and heaping pressure on President Joe Biden and the Federal Reserve to

CALGARY — Shaw Communications Inc.