National Business

OTTAWA — The national unemployment rate was 5.0 per cent in April. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.

OTTAWA — Canada's national unemployment rate was 5.0 per cent in April. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10.1 per cent (10.3) _ Prince Edward Island 7.

OTTAWA — A quick look at Canada's April employment (numbers from the previous month in brackets): Unemployment rate: 5.0 per cent (5.0) Employment rate: 62.4 per cent (62.4) Participation rate: 65.6 per cent (65.

TORONTO — Hydro One Ltd. reported its first-quarter profit fell compared with a year ago due higher operation, maintenance and administrative costs, offset in part by higher revenues.

TORONTO — Magna International Inc. upgraded its outlook for its sales and profit for the year as it reported its first-quarter profit fell compared with a year ago and its sales rose 11 per cent. The auto parts company, which keeps its books in U.S.

MONTREAL — Pilots are speaking out against an aviation industry push toward having a sole crew member in the cockpit.

MONTREAL — Air Canada hiked its earnings outlook Thursday, saying it expects earnings to rise due to an improvement in traffic as well as stronger-than-anticipated demand and lower-than-expected fuel prices.

WATERLOO — Open Text Corp. says its net income was US$57.6 million in the third quarter, down 22.9 per cent from US$74.7 million a year earlier. The Waterloo-based company, which reports in U.S. dollars, says revenues were US$1.24 billion, up 41.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,238.19, down 116.49): Enbridge Inc. (TSX:ENB). Energy. Up 23 cents, or 0.43 per cent, to $53.18 on 10.8 million shares. Shopify Inc.

Following Rogers Communications Inc.'s successful closing of the largest telecommunications deal in Canadian history last month, the company's two main rivals say they are well positioned to compete in the altered industry landscape.