National Business

HONOLULU (AP) — In a story published Aug. 14, 2024, The Associated Press reported Wally Amos died of complications from dementia, according to his children.

SAULT STE. MARIE, Ont. — Algoma Steel Group Inc. reported a net loss of $66.5 million in its third and final quarter last year, compared with a loss of $84.8 million a year earlier. The Sault Ste. Marie, Ont.

More pain is on tap for craft breweries, homebuilders and manufacturers as U.S. tariffs on imported aluminum — and the counter-levies Canada is lobbing back — drive up costs.

WASHINGTON (AP) — In what he called the “most consequential day of deregulation in American history,” the head of the Environmental Protection Agency announced a series of actions Wednesday to roll back landmark environmental regulations, including r

CALGARY — WestJet Airlines says it has delayed a flight from Calgary to Ottawa due to a security concern. WestJet did not say it was cancelled, but the Calgary International Airport departures board indicated it had been in the early afternoon.

SASKATOON, Sask. — Saskatchewan Premier Scott Moe says the province is working on a plan that would help keep steelworkers employed in response to U.S. tariffs.

OTTAWA — The federal government will impose 25 per cent tariffs on U.S. goods worth $29.8 billion in retaliation for steel and aluminum tariffs the administration of U.S. President Donald Trump imposed Wednesday.

TORONTO — Canada's main stock index rose Wednesday while U.S. markets were mixed, after 25 per cent tariffs on U.S. imports of steel and aluminum officially kicked in and the Bank of Canada cut its key lending rate by a quarter-point to 2.

OTTAWA — Prices will rise, the economy will suffer and the Bank of Canada can't lower interest rates enough to shield Canadians from the worst impacts of a prolonged trade war with the United States.

NEW YORK (AP) — U.S. stocks mostly rose after getting some relief from an encouraging inflation update. But even on a rare up day for the market, President Donald Trump’s trade war still knocked stocks around. The S&P 500 climbed 0.