National Business

OTTAWA — Canada's new minister of artificial intelligence said Tuesday he'll put less emphasis on AI regulation and more on finding ways to harness the technology's economic benefits.

NEW YORK (AP) — U.S. stocks drifted just below their all-time high as the wait continues to hear what will come of trade talks underway between the United States and China. The S&P 500 rose 0.

Crash diets are extreme and unhealthy, but the financial version might actually make sense. Scott Terrio recommends them to his clients sometimes, as manager of consumer insolvency for Hoyes, Michalos & Associates Licensed Insolvency Trustees.

CALGARY — There's no peak in global oil demand on the horizon and it will take trillions in investment in the coming decades to meet that need, the secretary-general of the Organization of Petroleum Exporting Countries said Tuesday.

OTTAWA — The estimated cost of Canada’s incoming fleet of advanced stealth fighters exploded by nearly 50 per cent in just a few years, auditor general Karen Hogan said Tuesday.

WINNIPEG — The Manitoba government is expected to use more "revenue levers," similar to its recent income and property tax changes, as part of its plan to reduce the deficit, a credit-rating agency report says.

REGINA — Saskatchewan's liquor board says it will start buying and distributing American booze to retailers, months after Premier Scott Moe announced it would stop doing so.

OTTAWA — Canadians continued to avoid making trips to the U.S. in May, according to preliminary data from Statistics Canada. Statistics Canada said Tuesday return trips by Canadian residents by air from the U.S. in May fell 24.

WASHINGTON (AP) — President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world, the World Bank forecast Tuesday.

TERREBONNE — ADF Group Inc., a maker of steel superstructures, reported a first-quarter profit of $8.7 million as its revenue plunged compared with a year earlier due to the uncertainty related to U.S. tariffs. Revenue for the quarter totalled $55.