National Business

HALIFAX — Nova Scotia’s premier has chosen two “personal friends” to help with the transition of five economic agencies with annual budgets totalling $100 million into two new Crown corporations.

HALIFAX — Nova Scotia’s Progressive Conservative government introduced legislation Tuesday that would rescind a recommended 12.6 per cent pay raise for members of the legislature.

Canadian tech giant Shopify Inc.'s share price fell by more than 14 per cent Tuesday after revealing it will lay off 10 per cent of its workforce because the company misjudged the growth of the e-commerce sector.

TORONTO — The Canadian National Exhibition is returning to Toronto next month after a two-year hiatus. CNE organizers say there will be several new attractions as well as familiar favourites.

BRUSSELS (AP) — European Union governments agreed Tuesday to reduce consumption of natural gas this winter to protect themselves against any further supply cuts by Russia amid its invasion of Ukraine, although the measure contains exemptions for some

OTTAWA — Statistics Canada says sales in the food service and drinking places subsector increased three per cent to $7.4 billion in May, the highest value since the beginning of the COVID-19 pandemic and of the series.

WASHINGTON (AP) — U.S. consumer confidence slid again in July higher prices for food, gas and just about everything else continued to weigh on Americans. The Conference Board said Tuesday that its consumer confidence index fell to 95.

Kayla Rourke's first banking experience was with Conexus Credit Union but left to try the Bank of Nova Scotia in her teens, hoping to take advantage of the Scene points program to earn free movie tickets.

TORONTO — Three months after stepping into Hexo Corp.

TORONTO — A rise in energy stocks helped lift Canada's main stock index Monday, while U.S. stock markets ended the trading day mixed, as investors gear up for a big week of earnings and an interest rate decision from the U.S. Federal Reserve.