National Business

EDMONTON — Seventy-year-old Tan Hoang vowed he would never return to Vietnam after fleeing the country with his family on a makeshift wooden boat.

The chief executive of Capital Power Corp. said a key focus in the months ahead will be digesting two soon-to-be purchased U.S. natural gas power plants.

The U.S. economy shrank at a 0.3% annual pace from January through March, the first drop in three years, as President Donald Trump's trade wars disrupted business.

Loblaw Cos. Ltd. says it's still working to stock its grocery store shelves with more Canadian products as shoppers look for local alternatives during the Canada-U.S. trade war, but the company's chief executive admits the shift may not last.

SAULT STE. MARIE — Algoma Steel Group Inc. says Canada's steel market is under increasing pressure from weakening prices brought on by tariffs and imports, but that its major retrofit of its furnace system should help with costs ahead.

WASHINGTON (AP) — A closely watched inflation gauge cooled last month in a sign that prices were steadily easing before most of President Donald Trump’s tariffs were implemented .

The clock is ticking down on two deadlines that may determine the fate of Hudson's Bay.

The Canadian economy shrunk in February, but economists say bad weather was likely the larger culprit than uncertainty related to the trade war with the U.S. Statistics Canada said Wednesday that real gross domestic product decreased 0.

WASHINGTON (AP) — American businesses are cancelling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next.

WASHINGTON (AP) — American businesses are cancelling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next.