National Business

TORONTO — Canada's main stock index lost more than 100 points Monday on broad-based weakness while U.S. markets were also down, with the Nasdaq slipping one per cent. The S&P/TSX composite index was down 129.42 points at 20,628.92.

TORONTO — Canadian Google employees affected by recently announced job cuts were being told Monday whether they have been laid off.

SECHELT, B.C. — For the first time since last May, the Sunshine Coast Regional District has lifted water conservation regulations affecting a large part of its area north of Vancouver.

The outlook for the loonie in 2023 largely depends on commodity prices, how the U.S. dollar fares, and whether central banks are successful in avoiding a major recession, experts said.

TORONTO — Ontario cannabis stores are seeing their sales data shared among competitors without approval for at least the second time in a year, sparking concerns for shops competing in an already intense industry.

EDMONTON — Hudson's Bay is shuttering two department stores in Alberta, saying the decision reflects market changes and the company's vision for the future.

TORONTO — First Quantum Minerals Ltd. says the Panamá Maritime Authority has suspended loading operations of copper concentrate at the port for its Cobre Panama mine.

VANCOUVER — The British Columbia Real Estate Association says the chill across the province's property sector will drag on through this year, but it calls for a strong rebound in 2024.

Uber Technologies Inc. says it is bringing its shared rides offering back to Canada with a new name. The ride-hailing giant says Toronto, Montreal and Vancouver will get access to UberX Share later this week.

TORONTO — Sun Life Financial Inc. says it has named former Rogers Communications chief executive Joe Natale to its board of directors. The insurance company says he will join the board as of Tuesday.