National Business

TORONTO — Hydro One Ltd. says chief financial and regulatory officer Chris Lopez is stepping down on June 30 to pursue other opportunities. The company says it will now begin an internal and external search for his replacement.

Canada’s 100 highest-paid CEOs broke records with their compensation in 2022, according to the Canadian Centre for Policy Alternatives. “The data this year is breaking new all-time highs,” said senior economist David Macdonald.

Asian markets opened the year on a downward trend after Wall Street benchmarks ticked lower on the last trading day of 2023. U.S. futures were mixed and oil prices gained more than $1 a barrel. Japan's markets were closed for a holiday.

TORONTO — Middle-income earners will start seeing a larger portion of their paycheques going toward Canada Pension Plan contributions as of Monday.

TORONTO — The Forlers could see their family of five was growing fast and would soon need a bigger place to live. So they started to think farther afield. Brandon Forler said he found their dream home in Cochrane, Alta.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: The Toronto Stock Exchange (20,958.44, up by 29.06 points): TC Energy Corporation (TSX:TRP). Energy. Down five cents, or 0.10 per cent, to $51.76 on 9.

The last trading day of the year saw Canada’s main stock index nudge up, rounding out a climb of nearly eight per cent throughout 2023 as investors drew confidence from projections of interest rate cuts to come.

MONTREAL — With Christmas and Boxing Day in the rear-view mirror, consumers have one event left this year to mull how much they're willing to spend on: New Year's Eve.

Boeing is asking airlines to inspect its 737 Max jets for a potential loose bolt in the rudder control system, the airplane maker and Federal Aviation Administration confirmed this week.

Michael Laroche replaced his Ford F-150 pickup truck with its electric twin, the F-150 Lightning, about a year-and-a-half ago. A Sherbrooke, Que.