National Business

Fewer Americans applied for unemployment benefits last week as layoffs remain at historically low levels even as other signs that the labor market is cooling have surfaced.

TORONTO — Canada Goose Holdings Inc. reported a profit in its fourth quarter compared with a loss a year earlier as its revenue rose 22 per cent. The luxury parka maker says it earned net income attributable to shareholders of $5.

CAMBRIDGE, Ont. — ATS Corp. reported a fourth-quarter profit of $48.5 million, up from $29.6 million a year earlier, as its revenue rose 8.3 per cent.

KINGSEY FALLS, Que. — Cascades Inc. has named Resolute Forest Products executive Hugues Simon as its next president and CEO. The paper and packaging company says Simon will takeover the new job no later than July 1.

MONTREAL — Lightspeed Commerce Inc. says founder Dax Dasilva has been reappointed as chief executive, dropping the interim tag from the title. Dasilva had returned to the top job on an interim basis earlier this year, replacing JP Chauvet.

Canada's telecom and television complaints watchdog says many telecom providers aren't following complaints section rules on their websites, and it's particularly concerned about some repeat offenders.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (22,284.76, up 41.42 points): Enbridge Inc. (TSX:ENB). Energy. Down 17 cents, or 0.34 per cent, to $50.33 on 14.4 million shares.

TORONTO — Ontario will revamp how it compensates seasonal agricultural workers who are injured on the job, but critics say thousands of other migrant workers are being left out of the changes.

Police in the Greater Toronto Area say they've arrested and charged a man who called himself the "crypto king" after an investigation into an alleged investment fraud involving millions of dollars.

TORONTO — Strength in technology and utility stocks helped Canada's main stock index inch higher Wednesday, while U.S. stock markets rallied to new record highs after a pair of reports on inflation and retail sales.