National Business

Stocks closed higher on Wall Street as the Trump administration sought to win more deals with global trading partners. The S&P 500 rose 0.6% Wednesday. The Dow Jones Industrial Average added 0.5%, and the Nasdaq composite rose 0.9%.

TORONTO — As a marketing expert, Markus Giesler was aghast after hearing Coldplay frontman Chris Martin blast Toronto's brand new Rogers Stadium onstage.

OTTAWA — The Conservative party's spending outstripped its record fundraising total in 2024 as it ramped up advertising and internal polling ahead of the federal election.

TORONTO — A regulator-led survey of Ontario mutual fund dealers based out of big banks finds a sizable minority are not always acting in the interests of clients.

President Donald Trump has sent letters to a handful of countries this week outlining higher tariffs they'll face if they don't make trade deals with the U.S. by Aug. 1.

TORONTO — EQB Inc. has named its former chief financial officer Chadwick Westlake as its next CEO, succeeding Andrew Moor who died unexpectedly last month. Westlake, who will assume the role effective Aug.

TORONTO — A report by TD Bank suggests mortgage renewals are expected to strain Canadian households, but most borrowers will manage albeit with less financial flexibility.

QUÉBEC — The Quebec government has reassigned the president and CEO of the province's auto insurance board. Éric Ducharme's dismissal from the top job was confirmed by a government source who was not authorized to speak publicly.

THUNDER BAY — Impala Platinum Holding Ltd. plans to end production at its Lac des Iles mine in northwestern Ontario at the end of May next year due to low palladium prices.

NEW YORK (AP) — X CEO Linda Yaccarino said she’s stepping down after two years running Elon Musk’s social media platform.