National Business

TORONTO — Canada's main stock index gained more than 300 points Monday in a broad-based rally, while U.S. markets also rose. The S&P/TSX composite index closed up 312.06 points at 22,259.47.

GATINEAU, Que. — Canada's Competition Bureau has launched an inquiry into Vancouver-based Lululemon following a complaint from members of an environmental group. Stand.

NEW YORK (AP) — U.S. stocks closed higher on Wall Street, adding to last week’s gains. The S&P 500 climbed 1% Monday. The Dow Jones Industrial Average rose 0.5%, and the Nasdaq composite added 1.2%.

HENRY ISLAND, WASH. — The United States Coast Guard says it's working to mitigate a pollution threat after a fishing boat sank just over the Canada-U. S. border not far from Victoria.

NEW YORK (AP) — The Associated Press won a Pulitzer Prize in feature photography Monday for its coverage of global migration through Latin America to the U.S.

CHARLOTTETOWN — The P.E.I. government says its plan to address the province's housing shortage includes finding a company to manufacture modular homes on the Island.

MONTREAL — The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales surged 25.5 per cent in April compared with the same month last year, with levels returning to historical averages.

Former Starbucks CEO and founder Howard Schultz says the company’s leaders should spend more time in stores and focus on coffee drinks as they work to turn around flagging sales.

OTTAWA — An increase in the cost to send a letter in Canada took effect Monday. The cost of stamps purchased in a booklet, coil or pane is now 99 cents per stamp, an increase of seven cents. The price of a single domestic stamp is now $1.

CALGARY — Ensign Energy Services Inc. reported a loss in its latest quarter compared with a profit a year earlier as its revenue fell 11 per cent. The oilfield services company says its net loss attributed to common shareholders amounted to $1.