National Business

TOKYO (AP) — Asian shares were mixed Thursday ahead of a closely watched report on U.S. inflation viewed as a good indicator of whether Wall Street’s recent rising optimism is warranted or overdone.

MEXICO CITY — Canada and Mexico basked Wednesday in the glow of a major trade win over the United States as Prime Minister Justin Trudeau wrapped up a trilateral summit aimed at charting a course for North American excellence.

BURNABY, B.C. — Interfor Corp. says it will reduce lumber production by at least eight per cent of capacity in the first quarter as market uncertainty affects demand. The Burnaby, B.C.

NEW YORK (AP) — Thousands of flights across the U.S. were canceled or delayed Wednesday after a government system that offers safety and other information to pilots broke down, stranding some planes on the ground for hours.

DALLAS (AP) — Until Wednesday, few travelers had ever heard of a Notice to Air Missions, or NOTAM, nor did they know that the system used to generate those notices could cause widespread travel misery.

Aritzia Inc. says it had record quarterly revenue in its third quarter as it made gains company wide including notable growth in the U.S. and online. The Vancouver-based clothing retailer says net revenue of $624.6 million for the quarter ending Nov.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,025.05, up 126.19 points): Cenovus Energy Inc. (TSX:CVE). Energy. Down 37 cents, or 1.47 per cent, at $24.79 on 7.9 million shares.

WINNIPEG — Manitobans may see some tax relief, financial help with inflation and money for addiction treatment before the provincial election slated for Oct. 3.

TORONTO — With a number of Ontario municipalities eyeing property tax increases, experts say homeowners across the province can expect to see higher tax bills this year because of inflation, pandemic costs and recent provincial changes to development

TORONTO — Canada's main stock index closed higher on broad gains as commodities rose, while U.S. stock markets also ended up a day before the release of key inflation data. The S&P/TSX composite index ended up 126.19 points at 20,025.05.