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National Business
US stocks tap the brakes as Wall Street closes out another record-setting week
NEW YORK (AP) — U.S. stocks edged back from their records, led by drops for technology companies, but Wall Street still closed out another winning week. The S&P 500 fell 0.3% Friday, slipping below the record it set a day earlier.
Aug 15, 2025 1:05 PM
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Ottawa, province, city to buy Canadian, single-source Toronto subway contract: TTC
TORONTO — All three levels of government have agreed to single-source a Toronto subway contract in an effort to support Canadian jobs, the city's transit agency announced Friday.
Aug 15, 2025 10:51 AM
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China files complaint with World Trade Organization over Canadian steel tariffs
OTTAWA — China is taking its dispute with Canada over steel tariffs to the World Trade Organization. Beijing filed a complaint Friday with the WTO in response to Canadian restrictions on imports that contain steel melted or poured in China.
Aug 15, 2025 10:36 AM
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Ontario allows more density, building height near Toronto transit
TORONTO — Ontario's housing minister says the province has approved a plan for Toronto to allow higher and denser buildings near transit stations. Rob Flack says the changes to Toronto's official plan will allow for 1.
Aug 15, 2025 10:10 AM
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Retail sales rise 0.5% in July as some shoppers step up purchases ahead of tariffs
NEW YORK (AP) — Shoppers spent at a healthy pace in July, particularly at the nation’s auto dealerships, even as President Donald Trump's tariffs start to take a toll on jobs and lead to some price increases.
Aug 15, 2025 8:49 AM
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Australian lawyer apologizes for AI-generated errors in murder case
MELBOURNE, Australia (AP) — A senior lawyer in Australia has apologized to a judge for filing submissions in a murder case that included fake quotes and nonexistent case judgments generated by artificial intelligence.
Aug 15, 2025 8:41 AM
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National home sales rise as long-awaited boost 'seems to have finally arrived': CREA
The Canadian Real Estate Association says home sales in July rose 6.6 per cent compared with a year ago, continuing an upward trend after the market had slowed in previous months.
Aug 15, 2025 8:37 AM
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Officials hope rain clear heavy smoke from wildfire near Port Alberni, B.C.
PORT ALBERNI — Officials on Vancouver Island are hoping rain in the forecast can help clear up the air quality muddied by an out-of-control wildfire.
Aug 15, 2025 8:29 AM
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Fewer firms report U.S. tariff hit as manufacturing sales edge up in June
OTTAWA — Statistics Canada says manufacturing sales edged up June and a smaller share of firms reported an impact from U.S. tariffs. The agency said Friday that manufacturing sales in June rose 0.3 per cent to $68.
Aug 15, 2025 7:21 AM
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Canada Post and union meeting delayed until next week due to mediator availability
OTTAWA — A meeting between Canada Post and the union representing 55,000 postal workers has been delayed until next week due to the availability of federal mediators, the company says.
Aug 15, 2025 5:43 AM
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