National Business

TORONTO — Canada’s competition watchdog says it will fight a constitutional challenge from Google in a case alleging the tech giant abused its dominant position in the online advertising market.

TORONTO — Premier Doug Ford's government is set to capitulate to some First Nation demands on a controversial mining bill, though it will not kill the proposed law outright, The Canadian Press has learned.

MONTREAL — National Bank of Canada reported a second-quarter profit of $896 million, down slightly from $906 million a year earlier. The Montreal-based bank says the profit amounted to $2.

NEW YORK (AP) — U.S. stocks are holding steadier a day after leaping back within a few good days’ worth of gains from its all-time high. The S&P 500 was up 0.1% in early trading Wednesday.

WATERLOO — Definity Financial Corp. says it will acquire most of the Canadian operations of U.S. insurance firm Travelers for $3.3 billion. Definity says the deal will make it the fourth largest property and casualty insurer in Canada.

MILAN (AP) — Stellantis , the world’s fourth-largest carmaker , named Italian auto executive Antonio Filosa as its new chief executive officer Wednesday, replacing Carlos Tavares , who resigned under pressure last year.

Bell Canada has announced it will open six artificial intelligence data centres in B.C. as part of a plan to create the largest AI compute project in Canada.

VIENNA (AP) — The head of the United Nations’ atomic watchdog said Wednesday that “the jury is still out” on negotiations between Iran and the U.S.

The latest TransUnion debt report shows total debt continued to grow in the first quarter compared with the year before, driven mainly by young people and newcomers.

MONTREAL — A federal Crown corporation paid more than $330,000 to an outside marketing firm to rebrand a planned passenger rail project between Toronto and Quebec City and boost its popularity.