National Business

SAULT STE. MARIE, Ont. — Algoma Steel Group reported a net loss of $69.8 million in its latest financial quarter compared with earnings of $123 million during the same period a year earlier.

OTTAWA — The final version of a new telecom policy directive first unveiled by the federal government in May of last year is now in force.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,702.23, up 90.11): Sabina Gold & Silver Corp. (TSX:SBB). Materials. Up 16 cents, or 10.13 per cent, to $1.74 on 16.

TORONTO — Broad-based strength helped Canada's main stock index post a small gain Monday, while U.S. stock markets rose by more than one per cent. The S&P/TSX composite index was up 90.11 points at 20,702.23.

VANCOUVER — The federal government is spending $1.8 million to help make Vancouver's historic Chinatown lighter and brighter.

A cybersecurity incident stretched into its fifth day at Indigo Books & Music Inc. on Monday, illuminating the growing risk of cyberattacks on Canadian companies and consumers.

NEW YORK (AP) — Wall Street closed higher as traders made their final moves in anticipation of a report that could show whether inflation is cooling in the right way or setting the market up for worse pain. The S&P 500 rose 1.1% Monday.

TORONTO — Ontario Power Generation says it has signed a deal to buy the former head office building for General Motors of Canada in Oshawa, Ont., and plans to use it for its own corporate headquarters.

WINDSOR, Ont. — Stellantis North America says Jason Stoicevich will take over the leadership of its Canadian operations, effective immediately.

TORONTO — Dye & Durham Ltd. reported a net loss of $34.8 million in its latest quarter as its revenue edged down three per cent compared with a year ago.