Skip to content

National Business

EPA moves to repeal rules that limit greenhouse gas emissions from US power plants

EPA moves to repeal rules that limit greenhouse gas emissions from US power plants

WASHINGTON (AP) — The Environmental Protection Agency on Wednesday proposed repealing rules that limit greenhouse gas emissions from power plants fueled by coal and natural gas, an action that Administrator Lee Zeldin said would remove billions of do
Read more >
NDP leader says Carney needs to keep Parliament in the loop on trade talks

NDP leader says Carney needs to keep Parliament in the loop on trade talks

OTTAWA — Interim NDP Leader Don Davies is accusing Prime Minister Mark Carney of not being transparent about negotiations with the U.S. on getting President Donald Trump's tariffs lifted.
Read more >
ArcelorMittal closing wire drawing mill in Hamilton in latest industry blow

ArcelorMittal closing wire drawing mill in Hamilton in latest industry blow

HAMILTON — Canada's steel industry was hit with further layoff news Wednesday as ArcelorMittal Long Products Canada announced it is closing its wire drawing mill in Hamilton.
Read more >
Ottawa's GST rebate on new homes would save typical first-time buyer $27K: PBO

Ottawa's GST rebate on new homes would save typical first-time buyer $27K: PBO

OTTAWA — An eligible first-time homebuyer could save an average of $26,832 in sales tax on the price of a newly built home under Ottawa's latest housing proposal, the parliamentary budget officer said in a new report on Wednesday.
Read more >
Wall Street's rally stalls as US stocks post their 1st loss in 4 days

Wall Street's rally stalls as US stocks post their 1st loss in 4 days

NEW YORK (AP) — Wall Street’s rally stalled after stocks climbed back within 2% of their all-time high. The S&P 500 slipped 0.3% Wednesday, marking its first drop in four days.
Read more >
Inflation barely rose last month as cheaper gas and cars offset some costlier imports

Inflation barely rose last month as cheaper gas and cars offset some costlier imports

WASHINGTON (AP) — U.S. inflation picked up a bit last month as higher prices for groceries and some imported goods were largely offset by cheaper gas, travel services, and rents. Consumer prices increased 2.
Read more >
Sabia, veteran of public and private sectors, to head Carney's Privy Council

Sabia, veteran of public and private sectors, to head Carney's Privy Council

OTTAWA — Prime Minister Mark Carney is tapping Michael Sabia, a veteran of the public and private sector, to head up the Privy Council Office in Ottawa. Sabia's tenure as clerk of the Privy Council and secretary to cabinet will begin July 7.
Read more >
Montreal transit strike leads to extra traffic on some bike paths

Montreal transit strike leads to extra traffic on some bike paths

MONTREAL — The head of a cycling advocacy group says Montreal's public transit strike has spurred record numbers on the city's bike paths.
Read more >
All regions will get ‘fair share’ of defence windfall: industry minister

All regions will get ‘fair share’ of defence windfall: industry minister

MONTREAL — Industry Minister Mélanie Joly says the massive funding announced this week for Canada’s defence industry will filter down to all regions of the country, as the federal government looks to jump-start domestic and overseas trade and reduce
Read more >
Ontario housing starts at lowest level since 2009, financial watchdog says

Ontario housing starts at lowest level since 2009, financial watchdog says

TORONTO — Ontario's housing starts for the first quarter of this year were at the lowest levels since 2009, the province's financial accountability officer said in a report Wednesday.
Read more >