National Business

CALGARY — Observers on the front lines of Western Canada's oil and gas sector are looking forward to what's widely expected to be approval of the Trans Mountain pipeline expansion on Tuesday.

TORONTO — North American markets moved slightly higher to start the week on gains by the energy and materials sectors as investors await signals from the Federal Reserve on expected rate cuts.

TORONTO — The Hudson's Bay Co. says its chief financial officer is taking a medical leave of absence. HBC says Ed Record's leave begins today. The retailer did not provide any additional information on Record's condition.

TORONTO — Shares of GMP Capital Inc. soared after the Toronto-based financial services firm agreed to sell the bulk of its capital markets business to Stifel Financial Corp. in a deal worth roughly $70 million.

Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,353.45, up 51.54 points ). Whitecap Resources Inc. (TSX:WCP). Energy. Down 12 cents, or 2.9 per cent, to $4.02 on 13.4 million shares.

NEW YORK — A decade after seemingly wrapping up "The Hunger Games," Suzanne Collins is bringing readers back to Panem. A prequel, set 64 years before the beginning of her multimillion-selling trilogy, is coming next year.

TORONTO — The massive response to the Toronto Raptors NBA championship parade has led numerous major employers to take a more flexible approach to work Monday. Sobeys Inc.

SAINT JOHN, N.B. — The vice-president of business development at Shoppers Drug Mart says blockchain technology can provide assurance for doctors and pharmacists about the quality of medical cannabis.

EDMONTON — Canada's flexible exchange rate has helped the economy adjust to external shocks and contributed to low and stable inflation, a senior Bank of Canada official said Monday.

NEW YORK — The 275 year old auction house Sotheby's is being sold to a French Israeli business man for about $3.7 billion. Sotheby's, founded in London in 1744, is the oldest company traded on the New York Stock Exchange.