National Business

ST-HYACINTHE, QUE. — Meat processor Olymel says Yanick Gervais has been appointed president and chief executive, following the death of CEO Réjean Nadeau last month.

Chorus Aviation Inc. is riding a fledgling recovery in the airline business driven by the return of traffic in Canada and abroad.

HAMILTON — Stelco Holdings Inc. shares jumped higher Thursday after it reported a surge in its latest quarterly earnings on higher steel prices and said it would raise its dividend again. The Hamilton, Ont.

AMSTERDAM (AP) — The European Medicines Agency has recommended the authorization of two new medicines against the coronavirus for people at risk of severe disease.

GLASGOW, Scotland (AP) — United Nations Secretary-General Antonio Guterres says the goal of limiting global warming to 1.5 degrees Celsius (2.7 F) is “on life support” as U.N.

OTTAWA — When Leanne Kaufman asks people who have acted as an executor for a loved one if they'd do it again, the answer is almost always no.

TORONTO — Global supply chain problems won't leave Canadian Tire Corp. Ltd. shelves bare this holiday season, the retailer said Thursday, as it detailed how it has successfully coped with issues stymying competitors.

KINGSEY FALLS, Que. — Cascades Inc. reported a third-quarter profit of $32 million, down $49 million a year ago, as its sales edged higher.

TORONTO — Brookfield Asset Management Inc. reported its third-quarter more than quadrupled compared with a year ago, boosted by continued growth and investment performance across its business.

HIGH RIVER, Alta. — The union representing workers at one of the largest beef processing plants in Canada has given strike notice.