National Business

VANCOUVER — Drier, warmer weather in much of British Columbia last month has contributed to an early melt, raising concern for widespread drought this summer, the province's latest snowpack and water supply bulletin says.

News of a 90-day truce in the U.S.-China trade war propelled markets higher on Monday, with the surge more pronounced south of the border than in Canada The S&P/TSX composite index was up 174.44 points at 25,532.18.

NEW YORK (AP) — Stocks rallied Monday after China and the United States announced a 90-day truce in their trade war .

ST. JOHN'S — Newfoundland and Labrador's premier says his government will end the province's controversial tax on sugar-sweetened beverages.

MONTREAL — A group of investors has submitted a revised offer to buy Quebec vehicle-maker Lion Electric, providing a possible lifeline to the beleaguered company.

OTTAWA — Climate activists and energy leaders say Prime Minister Mark Carney will need to make some hard choices on whether to bolster the country’s oil and gas sector as means of achieving economic stability.

NEW YORK (AP) — American businesses that rely on Chinese goods reacted with muted relief Monday after the U.S. and China agreed to pause their exorbitant tariffs on each other's products for 90 days .

NEW YORK (AP) — American businesses that rely on Chinese goods reacted with muted relief Monday after the U.S. and China agreed to pause their exorbitant tariffs on each other's products for 90 days .

OTTAWA — An Indigenous leader is calling on Ottawa to begin an external review into why fisheries officers allegedly arrested two Mi'kmaq fishers in March 2024 and left them at a Nova Scotia gas station without shoes or phones.

TORONTO — Ontario's housing minister introduced legislation Monday intended to speed up the construction of new homes, as he admitted the province isn't currently on track to meet its goal of getting 1.5 million homes built over 10 years.