National Business

CALGARY — With the final decision by a U.S. regulator just weeks away, Canadian Pacific Railway Ltd.'s CEO says the company is "ready to roll" on its proposed merger with U.S. railroad Kansas City Southern.

Canada's egg industry appears to be quietly sidestepping widespread shortages and wildly spiking prices affecting other countries, and some say supply management is to thank.

VANCOUVER — Taseko Mines Ltd. says it is in talks regarding a potential deal to increase its stake in its Gibraltar copper mine in B.C. The company says it has been in confidential discussions with Sojitz Corp.

MILAN (AP) — The bodies of eight migrants have been recovered by Italy's coast guard during an operation overnight that also rescued 42 survivors in the central Mediterranean off the island of Lampedusa, Italian news agency ANSA reported Friday.

TORONTO — Deputy Prime Minister and Finance Minister Chrystia Freeland is hosting an in-person meeting today with the provincial and territorial finance ministers in Toronto.

WATERLOO, ONTARIO — OpenText Corp. reported revenues for the most recent quarter were up 2.4 per cent year over year, with cloud revenues rising 12 per cent. Net income for their second quarter ended Dec. 31 amounted to US$258.5 million, up 192.

VANCOUVER — Teck Resources Ltd. says it has completed the sale of its 21.3 per cent stake in the Fort Hills oilsands mine to Suncor Energy Inc. and TotalEnergies EP Canada Ltd.

HALIFAX — Nova Scotia's utility regulator has defied the provincial government and approved an average 14 per cent increase in electricity rates over two years. Premier Tim Houston said last November that his government opposed the increase of 6.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,740.44, down 10.61): Hut 8 Mining Corp. (TSX:HUT). Financials. Up 32 cents, or 11.11 per cent, to $3.20 on 10.9 million shares.

TORONTO — Canada's main stock index shored itself up against losses in the energy sector for the second day in a row, while U.S. markets were mixed. The S&P/TSX composite index was down 10.61 points at 20,740.44.