National Business

MONTREAL — TC Transcontinental says it will appeal a Quebec Superior Court's ruling that dismissed its motion to quash a Mirabel bylaw it says threatens the distribution of its retail flyers.

Canadians stranded in sun destinations in the Caribbean, Mexico and Central America due to a data security breach affecting Sunwing Airlines Inc. say the situation on the ground is still one of chaos and confusion.

SANTA FE, N.M.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,998.38, down 20.44 points.) Athabasca Oil Corp. (TSX:ATH). Energy. Up 25 cents, or 10.4 per cent, to $2.65 on 11.8 million shares.

TORONTO — Extreme weakness at Netflix infected the technology sector and pushed Canada's main stock index slightly lower midweek while the loonie rose on hot inflation data. The S&P/TSX composite index closed down 20.44 points to 21,998.38.

OTTAWA — Canada's inflation rate hit 6.7 per cent last month, the fastest annual increase in more than three decades as Russia's attack on Ukraine pushed up oil prices and a pandemic-related supply chain crunch dragged on.

TORONTO — Rogers Communications Inc. says it will make more money than expected this year and is still "on track" to close its $26 billion takeover of Shaw Communications Inc. by the end of the quarter.

OTTAWA — Canada's headline inflation barometer struck 6.7 per cent in March, an annual rate that Statistics Canada said hasn't been seen since January 1991 when the consumer price index registered a 6.9 per cent annual reading.

WARSAW, Poland (AP) — Two methane explosions at a coal mine in southern Poland killed five people and injured more than 20 early Wednesday, the Polish prime minister said. Seven others were missing.

OTTAWA — Canada's national annual inflation rate was 6.7 per cent in March, Statistics Canada says.