National Business

WASHINGTON (AP) — The Biden administration plans to impose major new tariffs on electric vehicles, semiconductors, solar equipment and medical supplies imported from China, according to a U.S. official and another person familiar with the plan.

The union representing WestJet Encore pilots says its members rejected the tentative deal reached last month, with just over half voting the agreement down.

TORONTO — Constellation Software Inc. says it earned US$74 million in its latest quarter, up from a loss of US$83 million a year earlier. The Toronto-based company says its revenue for the first quarter ended March 31 was US$2.4 billion.

The federal government has asked the Canada Industrial Relations Board to review whether a strike by rail workers would jeopardize Canadians' health and safety, adding a new element of uncertainty in the lead-up to potential job action.

VICTORIA — British Columbia has prohibited mining activities on new jade tenures in the northwest, while setting a five-year wind-down period for existing operators.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (22,308.93, down 66.90 points): Baytex Energy Corp. (TSX:BTE). Energy. Down 41 cents, or 7.99 per cent, to $4.72 on 16.5 million shares.

TORONTO — Canada's main stock index edged lower Friday after closing at a record high the day before as markets reacted to a much stronger-than-expected jobs report, while U.S. stock markets were mixed. The S&P/TSX composite index closed down 66.

CALGARY — Exploring a potential purchase of the Trans Mountain oil pipeline is not a major priority right now for Pembina Pipeline Corp., the Calgary-based company said.

CALGARY — After a recent spree of large-scale transactions cementing it as the dominant player in two major North American petroleum plays, Crescent Point Energy Corp. says it is done with buying and selling assets for the near future.

OTTAWA — The odds of a June interest rate cut from the Bank of Canada appear to have fallen after the latest jobs report from Statistics Canada showed employment jumped by 90,000 last month.