National Business

MONTREAL — Even as gas prices hit record highs, Canadians are fanning out across the country for fresh travel experiences after two years of bottled-up demand.

ST. JOHN'S, N.L. — Newfoundland and Labrador's oil industry regulator is releasing its 2022 call for bids on new offshore exploration licences.

WASHINGTON (AP) — Inflation eased slightly in April after months of relentless increases but remained near a four-decade high, making it hard for millions of American households to keep up with surging prices. Consumer prices jumped 8.

OTTAWA — Plans by Rogers Communications Inc. and Shaw Communications Inc. to sell Shaw's wireless businessdo not outweigh the harm that the companies' proposed merger would cause, the Competition Bureau has argued in court documents.

CALGARY — Scotiabank has chosen not to renew its long-running membership in the Canadian Association of Petroleum Producers, a move that comes at a time when financial institutions are facing growing scrutiny for their role in contributing to climate

EDMONTON — Aurora Cannabis Inc. says it will wind down operations at an outdoor grow site in the B.C. Interior.

BRAMPTON, Ont. — MDA Ltd. reported net income of $8.4 million in its first quarter compared with a net loss of $1.6 million in the same quarter last year as its revenue edged up four per cent.

COLOMBO, Sri Lanka (AP) — Sri Lankan authorities deployed armored vehicles and troops on the streets of the capital Wednesday, two days after pro-government mobs attacked peaceful protesters, triggering a wave of violence across the country.

TORONTO — Drivers can expect more pain at the pumps this morning as gasoline prices push new records. Natural Resources Canada says the average price across the country for regular gasoline hit 197.4 cents per litre on Tuesday for an all-time high.

TORONTO — The Ontario Cannabis Store says a data breach involving some of its sales information is being investigated by the Ontario Provincial Police.