National Business

OTTAWA — Major institutional investors are asking the federal government to give them a reason to invest more at home in the upcoming fall budget, say the Liberal MPs leading budget consultations across Canada.

TORONTO — The business running the defunct department store once known as Hudson's Bay has changed its name. The company and its subsidiaries now have various names beginning with Rupert Legacy.

TORONTO — CIBC is making changes to its senior executive ranks ahead of Harry Culham's move into the role of president and chief executive later this year.

WASHINGTON (AP) — President Donald Trump extended a trade truce with China for another 90 days Monday, at least delaying once again a dangerous showdown between the world’s two biggest economies.

MELBOURNE, Australia (AP) — Australia’s central bank on Tuesday reduced its benchmark interest rate by a quarter percentage point for a third time this year to 3.6%, with inflation tamed and economic growth stalling.

CLAIRTON, Pa. (AP) — An explosion at a U.S. Steel plant near Pittsburgh left two dead and sent at least 10 to hospitals Monday and heavily damaged the sprawling facility, officials said.

VANCOUVER — The B.C. Supreme Court has invalidated a bylaw passed by the City of Vancouver that imposed a fee on ride-hailing companies working on city streets during peak hours.

OTTAWA — Prime Minister Mark Carney's promised new entity to spur massive amounts of housing construction will prioritize the building of affordable housing and the use of Canadian materials, says a consultation document published by the government o

TORONTO — Strength in consumer cyclical stocks helped Canada's main stock index finish slightly higher on Monday, while U.S. markets lost ground as investors await U.S. inflation data. The S&P/TSX composite index was up 16.55 points at 27,775.23.

TORONTO — Air Canada flight attendants gathered for simultaneous demonstrations outside airports in some major Canadian cities Monday as the clock ticked down toward a possible strike that could begin as soon as this weekend.