National Business

OTTAWA — The Bank of Canada kept its key interest rate target on hold at five per cent on Wednesday.

TORONTO — As competitors circle the market, Firehouse Subs is on a mission to lure in an uncommon set of restaurant owners to help it grow the brand in Canada.

MONTREAL — MTY Food Group Inc. says it is raising its quarterly dividend by 12 per cent. The restaurant franchisor and operator says it will now pay shareholders a quarterly dividend of 28 cents per share, up from 25 cents per share.

PORTLAND, Ore.

MONTREAL — Canadian National Railway Co. is girding itself for ripple effects from the conflict in the Red Sea, where attacks on cargo vessels have prompted a wholesale shift in global shipping.

TORONTO — Manulife Financial Corp. says it has reached a deal to offer Aeroplan loyalty points to group benefits members through its new digital platform.

ST. JOHN'S, N.L. — Just days after celebrating the issuing of the province's first ride-sharing licence, the Newfoundland and Labrador government has suspended it, citing possible "new information" about the successful company.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,034.59, up 110.29 points): Royal Bank of Canada. (TSX:RY). Finance. Up 33 cents, or 0.25 per cent, to $133.74 on 8.8 million shares.

MONTREAL — Nuvei Corp. has signed a partnership deal with software company Adobe to provide customers access to its payment technology. Financial terms of the agreement were not immediately available.

TORONTO — Strength in base metal stocks helped Canada's main stock index gain more than 100 points Tuesday ahead of the upcoming Bank of Canada interest rate decision, while U.S. markets were mixed as earnings reports continued to roll in.