National Business

OTTAWA — Prime Minister Mark Carney will lead a minority government after a very close general election race that left the Liberals just three seats shy of a majority. Just before 4 p.m.

WASHINGTON — Democrat lawmakers in the United States applauded the Liberals' election win under Mark Carney on Tuesday — while most Republican lawmakers stayed silent about an election campaign that turned into a rebuke of U.S.

TORONTO — Canada's main stock index closed up along with U.S. markets Tuesday as investors saw reason for optimism on the trade front. The S&P/TSX composite index was trading down earlier in the day and U.S.

MONTREAL — Gildan Activewear Inc. saw its earnings rise to US$84.7 million in its latest quarter. The Montreal-based apparel maker, which keeps its book in U.S. dollars, says the first-quarter profit compared with net earnings of US$78.

CALGARY — Energy industry groups and environmental advocates were striking a hopeful note a day after voters returned the Liberals to power in Ottawa with a minority mandate.

REGINA — Saskatchewan Premier Scott Moe says he's willing to make a fresh start with Ottawa following Prime Minister Mark Carney's federal election win for the Liberals.

ST. JOHN'S — Crews are searching for a pilot missing in the waters off the east coast of Newfoundland after a pontoon plane crashed this morning while en route to Portugal.

VICTORIA — British Columbia's auditor general says the body in charge of providing legal aid for those with low incomes doesn't have processes or information to ensure people get timely and high-quality help.

TORONTO — Ontario is taking a concrete step toward an idea Premier Doug Ford has championed to build a tunnel under Highway 401. Ford has spoken often of the need to address gridlock and railed against lost productivity as a result of it.

NEW YORK (AP) — U.S. stocks rose again as stronger-than-expected profits keep piling higher for companies, though CEOs say they’re unsure how long that can last due to uncertainty around President Donald Trump’s trade war. The S&P 500 climbed 0.