National Business

OTTAWA — The Liberals released their long-promised Africa strategy Thursday but without the funding and media blitz that accompanied their plan for Asia.

TORONTO — A historic deal that calls for three major tobacco companies to pay out billions in compensation to provinces and territories as well as former smokers across Canada has cleared its final legal hurdle in Ontario, bringing a decades-long cou

OTTAWA — U.S. President Donald Trump has imposed tariffs on imports from Canada and Mexico — a 25 per cent across-the-board levy, with a lower 10 per cent charge on Canadian energy — triggering a continental trade war.

TORONTO — If the U.S.'s tariffs are fully implemented and not withdrawn, the auto sector would "shut down," said Rob Wildeboer, executive chairman and co-founder of auto supplier Martinrea International Inc.

NEW YORK (AP) — Walgreens Boots Alliance says it has agreed to be acquired by private equity firm Sycamore Partners as the struggling retailer looks to turn itself around after years of losing money.

British Columbia Premier David Eby says Canada should maintain retaliatory measures against the United States — such as possible tolls facing commercial trucks heading to Alaska — despite some tariffs being paused for a month.

REGINA — Some Saskatchewan liquor stores are selling off their remaining bottles of American booze and restaurants are rethinking their menus, after the province said it would stop buying U.S.

NEW YORK (AP) — Wall Street’s sell-off kicked back into gear on Thursday, and a U.S. stock market rattled by the whiplash created by President Donald Trump’s tariffs and uncertainty about the economy fell sharply. The S&P 500 tumbled 1.

VICTORIA — The British Columbia and federal governments have signed a four-year, $670-million pharmacare agreement, giving universal access to contraceptive and diabetes medications. The plan will support nearly 550,000 B.C.

HALIFAX — Two of Nova Scotia’s largest retailers have signed on to a provincial program aimed at making it easier for shoppers to identify locally produced products amid the ongoing trade war with the United States.