National Business

MONTREAL — MTY Food Group Inc. reported its third-quarter profit rose compared with a year ago as its revenue gained 74 per cent. The restaurant company says its net income attributable to owners totalled $38.9 million or $1.

TORONTO — Unifor put a short-lived strike on hold Tuesday after General Motors agreed to a tentative contract that mirrors the one the union reached with Ford Motor Co. about two weeks ago.

TORONTO — The Canadian Federation of Independent Grocers is calling on the Crown corporation that manages dairy supply and pricing to hit pause on any further increases to milk prices amid political pressure to keep food prices down.

TORONTO — A group of leaders in the agriculture and food industries is launching a national alliance to work toward achieving net zero in Canada's agri-food sector by 2050.

TORONTO — BMO Capital Markets' chief executive and group head Dan Barclay is set to retire after a 32-year investment banking career as of Nov. 1.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,501.20, up 255.13 points): Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up $4.58, or 5.46 per cent, to $88.54 on 11.

MONTREAL — The federal government has announced an investment of up to $150 million toward a container terminal in Contrecoeur, Que., which is about 70 kilometres northeast of Montreal.

TORONTO — Canada's main stock index gained more than 250 points Tuesday amid a broad-based rally led by energy stocks, while U.S. markets also rose on hopes that interest rates may have reached their peak.

OTTAWA — A review of the federal legislation that paved the way for the legal recreational use and sale of cannabis says companies in the legal market report struggling to realize profits and maintain financial viability.

NEW YORK (AP) — Stocks closed higher as pressure relaxed on Wall Street from the bond market. The S&P 500 rose 0.5% Tuesday. The Dow added 134 points, and the Nasdaq composite climbed 0.6%.