National Business

MONTREAL — Gildan Activewear Inc. is predicting single-digit revenue growth for this year as it faces short-term economic challenges, but is optimistic about its longer-term outlook.

TORONTO — DesRosiers Automotive Consultants Inc. says Canadian auto production rose last year to break a five-year streak of declining output. The consultancy says total light vehicle production totalled 1.

BERLIN (AP) — The price of releasing planet-heating carbon into the atmosphere rose above 100 euros (about $107) in the European Union for the first time this week, a signal that experts said Wednesday speaks for the bloc's efforts to make polluting

TORONTO — The sale of Freshii Inc. to Montreal-based Foodtastic Inc. is complete. In a deal originally announced in December, the healthy fast-food chain says Foodtastic has acquired all of its voting shares at $2.30 per share.

TORONTO — Canopy Growth Corp. will hold its prices as licensed pot producers weigh whether to pass along to consumers the savings from the Ontario Cannabis Store's forthcoming margin decrease. The Smiths Falls, Ont.

VANCOUVER — Taseko Mines Ltd. says it has signed a deal to increase its stake in its Gibraltar copper mine in B.C. in an agreement worth at least $60 million. Under the terms of the deal, Taseko will acquire Sojitz Corp.

VANCOUVER — Ritchie Bros. Auctioneers Inc. reported its fourth-quarter profit and sales were up compared with a year earlier. The company, which keeps its books in U.S. dollars, reported a profit of $45.

MONTREAL — Airbus says it is creating 500 new jobs in Canada this year as it looks to increase A220 aircraft production.

BEIJING (AP) — An open pit mine collapsed in China's northern Inner Mongolia region on Wednesday, killing at least two people and leaving more than 50 missing, state media reported.

TORONTO — Canadian bank stocks have been riding a wave of investor optimism so far this year, but analysts say the first-quarter results that start arriving later this week will be a reminder of the mixed economic picture ahead.