S&P Global Ratings raised its outlook of the Ontario International Airport Authority's (OIAA) outstanding revenue bonds to positive and affirmed its long-term investment grade rating of A-minus, largely on the strength of the Southern California gateway's pandemic recovery.

Mexican regulators have given their approval to Canadian Pacific Railway Ltd.'s deal to buy U.S. railway Kansas City Southern.

Documents obtained by Global News piece together the complex web in which funds found their way into Canadian investments, attracting the attention of regulators.