National Business

CALGARY — A company that aims to develop the lithium that occurs naturally within Alberta's oilfield brines has pegged the estimated capital cost of its proposed Clearwater project at $2.47 billion.

TORONTO — Canada's main stock index closed up Wednesday amid gains in the industrial and base metal sectors, while U.S. stock markets also inched higher. The S&P/TSX composite index was up 5.42 points at 21,793.90.

Stocks drifted to a mixed close near the all-time highs they set last week. The S&P 500 index edged up 0.2% Wednesday. The Nasdaq composite rose 0.5%, and the Dow Jones Industrial Average edged up less than 0.1%.

CALGARY — Shell Canada is going ahead with its Polaris carbon capture project in Alberta.

HALIFAX — The federal government will help fund major renovations to the section of the Halifax airport where international travelers transfer to Canadian flights.

ST. JOHN'S, N.L. — Wildfires in Labrador have caused power outages in the west and evacuations in the east, leaving hundreds of people in the region wondering where they'll take their next shower or when they might be able to return home.

OTTAWA — Payments Canada says it has named Susan Hawkins as president and CEO of the organization as it works to finish a long-delayed upgrade to its financial system.

Fanatics and the NHL on Wednesday unveiled new on-ice player jerseys for the 2024-25 season, which officials say have been tested and refined well before making their debut in games this fall.

Canada's largest convenience store chain may soon grow again. Alimentation Couche-Tard Inc. said Wednesday it has several potential acquisitions on its radar.

WASHINGTON (AP) — The Supreme Court on Wednesday sided with the Biden administration in a dispute with Republican-led states over how far the federal government can go to combat controversial social media posts on topics including COVID-19 and electi