National Business

CHARLESTON, W.Va. (AP) — West Virginia’s Senate passed a bill Monday that would give $25,000 in tax credits to former residents who move back to the state to work. The Senate passed the bill unanimously and sent it to the House of Delegates.

VANCOUVER — Trade between China and Canada hit record levels in 2022, with imports breaking the $100-billion mark for the first time, Statistics Canada data show.

TALLAHASSEE, Fla. (AP) — Florida Gov. Ron DeSantis on Monday signed a bill that gives him control of Walt Disney World's self-governing district, punishing the company over its opposition to the so-called “Don't Say Gay” law.

VAUGHAN, Ont. — Phoena Inc. says chief executive Greg Guyatt has resigned. The Vaughan, Ont. cannabis company says Guyatt's resignation was effective Feb. 24 and comes three years after he joined the business.

TORONTO — Porter Aviation Holdings Inc. says it is partnering with the Montreal Saint-Hubert airport to develop a new terminal as the company aims to broaden its footprint in Quebec.

LONDON (AP) — The U.K. and the European Union sealed a deal on Monday to resolve their thorny post-Brexit trade dispute over Northern Ireland, hailing the agreement as the start of a “new chapter” in their often fractious relationship.

TORONTO — A special committee of independent directors at Canaccord Genuity Group Inc. says it will recommend shareholders do not accept a buyout offer by a management-led group of employees.

TORONTO — TD Bank Group said Monday it will pay US$1.2 billion to settle a lawsuit related to one of the largest Ponzi schemes ever orchestrated.

BUCHAREST, Romania (AP) — A Romanian court on Monday upheld a third 30-day detention for the divisive influencer and former professional kickboxer Andrew Tate, who is held on suspicion of organized crime and human trafficking, an official said.

TORONTO — OMERS says it earned an investment return of 4.2 per cent for 2022 as gains in its private investments lifted its results even as global stock and bond markets tumbled lower. The return for 2022 followed a gain of 15.7 per cent in 2021.