National Business

NEW YORK (AP) — Stocks closed lower in Wall Street’s first trading after a five-week rally carried it to its highest level since the spring of last year. The S&P 500 fell 0.5% Tuesday. The Dow lost 245 points, or 0.

An industry association representing 2,500 Canadian manufacturers is criticizing the federal government for moving too slowly as investment flows south in response to the U.S. Inflation Reduction Act.

TORONTO — Unifor says Metro grocery workers in the Greater Toronto Area voted 100 per cent in favour of striking ahead of their first contract negotiations since COVID-19 was declared a pandemic.

TORONTO — New data suggests a significant shift in credit usage among businesses in the first quarter of 2023, Equifax Canada said.

OTTAWA — The International Monetary Fund warns that Canada's green subsidies could stoke an international race to the bottom, even as it credits the country for a "multipronged" approach to addressing climate change.

Noah Meyer-Delouya, 25, only bought trip cancellation insurance once — and it paid off. The Toronto-based accountant did it because he, his mom and his brother bought cheap tickets to Los Angeles this past January. They figured $67.

VANCOUVER — Telus has signed a partnership with an Australian electric vehicle charging company, announcing plans to install up to 5,000 EV charging stations across Canada.

Gannett has filed a civil lawsuit against Google and its parent company Alphabet, claiming that they unlawfully hold monopolies in the advertising technology tools that publishers and advertisers use to buy and sell online ad space. The largest U.S.

OTTAWA — Canada's financial regulator is raising the amount of capital the country's major banks need to have on hand to cover potential losses as it says financial system vulnerabilities remain elevated and in some cases have continued to increase.

TORONTO — Global technology conference Collision says it is extending its stay in Toronto for another year. The travelling event showcasing startups and business heavyweights says it will return to the city for its 2024 conference.