National Business

A Montreal-based forestry company has had most of its lawsuit against a group of environmental organizations dismissed by a California judge. The suit was brought by Resolute Forest Products against Greenpeace, Stand.Earth and several individuals.

TORONTO — Canada's main stock index snapped its longest rally in nearly five years on Tuesday as concerns were stoked about slowing global economic growth. The S&P/TSX composite index's streak ended at 12 days by closing down 120.

TORONTO — Premier Doug Ford doubled down Tuesday on his warning that a federal carbon tax will trigger a recession, despite mounting criticism from opponents and economists who called his claim baseless.

Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,233.76, down 120.40 points ). RNC Materials Corp. (TSX:RNX). Metals. Down five cents, or 7.46 per cent, to 62 cents on 18.1 million shares.

CALGARY — The Alberta government is providing a $440-million loan guarantee to help a Calgary-based company build a bitumen upgrader east of Edmonton. Value Creation Inc.

VANCOUVER — Health Canada unveiled a radically new food guide Tuesday that eliminates food groups, encourages plant-based foods over meat and dairy products, and is likely to force changes across the country's agricultural industry.

TORONTO — Belinda Stronach has countersued her father for millions of dollars in a statement of defence that alleges he lost vast sums of money on pet projects.

Tilray Inc. has inked a deal to buy Natura Naturals Holdings Inc. for up to $70 million, a move which roughly doubles the licensed cannabis producer's domestic cultivation capacity. Under the agreement announced Tuesday, the Nanaimo, B.C.

PELHAM, Ont. — Licensed producer CannTrust Holdings Inc. has got the green light from municipal authorities to proceed with the expansion of its cultivation facility in Pelham, Ont., but with a smaller footprint.

NEW YORK — An activist shareholder said Tuesday that eBay would be better off without StubHub or its classified ads businesses.