National Business

The New Hampshire Supreme Court dealt a possibly fatal blow Friday to plans for a hydropower transmission line that has raised concerns among communities and environmentalists that it would harm tourism and property values.

CALGARY — The National Energy Board says its decisions and orders regarding the Trans Mountain pipeline expansion issued prior to last summer when a court overturned its approval will remain valid except where circumstances have changed.

OAKVILLE, Ont. — Ford Motor Co. says it will cut about 200 jobs at its Oakville, Ont. plant starting in September as sales of some models slow. "We have a long-standing practice of matching production with consumer demand.

Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,485.94, down 8.29 points ). Nemaska Lithium Inc. (TSX:NMX). Materials. Up 8.5 cents, or 38.64 per cent, to 30.5 cents on 11.1 million shares.

TORONTO — North American stock markets ended the week lower on mixed second-quarter corporate results and waning expectations of aggressive interest rates cuts later this month.

OTTAWA — The Bank of Canada's rate used by mortgage stress tests to determine whether would-be homeowners can qualify has dropped for the first time in three years. The central bank's five-year benchmark qualifying rate is now 5.

TORONTO — Barrick Gold Corp. has reached a deal to buy the stake in Acacia Mining that it does not already own, after raising its offer for the African gold miner. Under the deal, the Toronto-based mining giant will swap 0.

TORONTO — The Ontario Securities Commission says Caldwell Investment Management Ltd. has agreed to pay a $1.

VANCOUVER — The B.C. Securities Commission has reached a settlement with a Vancouver-based investment management firm that misused client brokerage commissions. Genus Capital Management Inc. has agreed to repay $1.

VANCOUVER — Mill cutbacks in British Columbia are still happening, but West Fraser Timber Co Ltd. said Friday that the worst of the pullback is behind it. The company, like many in B.C.