National Business

TORONTO — A new report says the gender pay gap in Canada narrowed last year compared with 2021, but still stood at more than 20 per cent.

The head of the Tourism Industry Association of Canada says businesses are struggling to stay afloat under a pile of debt and a dearth of overseas visitors.

With ads popping up on TV, social media, giant billboards and at professional sports games, Canadians may be feeling bombarded by marketing for Ozempic and sister drug Rybelsus.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,934.21, down 41.16): Manulife Financial Corp. (TSX:MFC). Finance. Up five cents, or 0.20 per cent, to $25.09 on 3.1 million shares.

TORONTO — Canada's main financial index ticked lower Monday, with broad-based but shallow weakness across sectors including energy, financials, industrials and tech.

MONTREAL — WestJet's decision to bring Sunwing Airlines under its main banner could mean less service and higher fares — particularly in Western Canada and smaller cities across the country, experts say.

TORONTO — The head of Canada's housing agency says measures such as extending mortgage amortizations and changing the threshold to qualify for an insured mortgage are not the answer to the country's housing affordability challenges.

PARIS — The federal government says it will invest nearly $350 million to support decarbonization of the aerospace industry.

STELLARTON, N.S. — Empire Co. Ltd. says it's launching its Voilà online grocery home-delivery service in Calgary, Edmonton and the surrounding areas.

TORONTO — Several Canadian tech organizations are forming a group to advance the country's semiconductor industry. The group is called the Semiconductor Industry Leadership and Innovation Canada Action Network.