National Business

MONTREAL — The Quebec government says it is rethinking the pace of its plan to electrify the transportation sector and will not pump any more public money into vehicle maker Lion Electric.

TORONTO — Beleaguered retailer Hudson's Bay has attracted a bid from Canadian Tire, two sources familiar with the sales process say.

NEW YORK (AP) — Microsoft and Meta Platforms drove Wall Street higher after delivering profits for the start of the year that were even bigger than analysts expected. The S&P 500 rose 0.6% Thursday and was back within 8.

MONTREAL — In the face of tariffs, trade uncertainty and a potential recession, Éric Martel is feeling upbeat. The CEO of Bombardier Inc.

FREDERICTON — New Brunswick Premier Susan Holt has written to the newly elected prime minister calling for urgent action to develop national trade and resource corridors to provide an alternative to commerce with the United States.

KASHECHEWAN — A fly-in First Nation on the shore of James Bay in northern Ontario has asked its community members to evacuate after spring flooding cut off the road to its airport.

GOLD RIVER — Some Mi'kmaq harvesters say working within Ottawa's quotas for the contentious baby eel fishery is helping calm the tense atmosphere in their river workplaces.

TORONTO — Ontario is set to table its 2025-26 budget on May 15, with the impact of U.S. President Donald Trump's tariffs likely to take centre stage.

CALGARY — The Calgary Real Estate Board says home sales in the city decreased again on a year-over-year basis last month amid uncertainty over the economy, while new listings and inventory both grew.

CALGARY — TC Energy Corp. has green-lit a US$900-million pipeline expansion feeding new natural gas-fired power plants in the U.S.