National Business

TIMMINS, ONT. — Canadian National Railway Co. has been ordered to pay $8 million in fines for environmental offences related to two 2015 train derailments.

TORONTO — After fielding calls from private equity firms looking to buy Sleep Country Canada Holdings Inc. over the years, CEO Stewart Schaefer has chosen to sell to Fairfax Financial Holdings Ltd. for $1.

TORONTO — Gains in the financial, industrial and utilities sectors led Canada's main stock index higher on Monday, while U.S. stock markets also rose.

WINNIPEG — Some tenants of an apartment building moved back in Monday, more than a week after they say they were forced out on a few hours' notice by a new landlord who put some of their belongings on the front lawn.

Delta Air Lines struggled for a fourth straight day to recover from a worldwide technology outage caused by a faulty software update , stranding tens of thousands of passengers and drawing unwanted attention from the federal government.

NEW YORK (AP) — U.S. stocks closed broadly higher, clawing back some of the losses from their worst week since April. The S&P 500 rose 1.1% Monday, breaking a three-day losing streak.

TORONTO — Ontario's main liquor retailer has a bright future, Premier Doug Ford said Monday as thousands of employees returned to work after a two-week strike. The Liquor Control Board of Ontario said its stores will be open for business on Tuesday.

HALIFAX — The Transportation Safety Board of Canada has sent investigators to Newfoundland to determine what caused a fire aboard a fishing boat that forced the crew to abandon the vessel for a life-raft, leaving them at the mercy of the waves for tw

The central bank lowered its benchmark interest rate by a quarter of a percentage point to 4.75 per cent in June and economists expect another cut could be in store when it meets Wednesday for its next rate decision.

MONTREAL — Bombardier Inc. says it is opening a new European maintenance station located at the Farnborough, U.K. airport. The new location is meant to provide light scheduled and unscheduled maintenance and support for grounded aircraft.