National Business

TORONTO — Canada's main stock index finished lower, weighed down by losses in technology, while U.S. stock markets also moved lower after U.S. President Donald Trump escalated tariff threats against Canada.

Bitcoin has reached yet another all-time high, surpassing $118,000 for the first time on Friday — as a flood of money continues to move into spot bitcoin ETFs, all while U.S.

OTTAWA — Prime Minister Mark Carney will be meeting with his cabinet and Canada's premiers to discuss U.S. President Donald Trump's new threat to slap 35 per cent tariffs on Canadian goods next month.

Tesla made 8,600 rebate claims, worth $43 million, in the final weekend before Transport Canada suspended its rebate program.

Stocks closed lower on Wall Street, pulling the S&P 500 and the Nasdaq composite below the records they set a day earlier. The S&P 500 fell 0.3% Friday. The Dow Jones Industrial Average gave back 0.6%. The Nasdaq composite slipped 0.2%.

The vast majority of the 83,000 new jobs added in June were part time, Statistics Canada says.

HALIFAX — Ottawa has announced details of $16 million it's providing for energy projects in the Maritimes.

SURREY, B.C. — The British Columbia provincial court has handed a retired RCMP officer a suspended sentence, saying the man was "reckless" but not deceitful when he convinced a neighbour to invest in his failing cannabis company.

EDMONTON — Alberta and Ottawa have signed off on $203 million for new affordable housing projects across the province.

TORONTO — As a major funding shortfall looms over Pride Toronto, some prominent LGBTQ+ advocates say it's high time to rethink the organization's corporate partnerships and return to its political grassroots.