National Business

CALGARY — Calgary residents took a break from their water woes Friday, lining up six-deep downtown to watch the parade launching the annual summer Stampede festival. “I’m saddled up,” said Rita Freese, with her grandson beside her.

TORONTO — Losses in the energy sector led Canada's main stock index lower on Friday, while U.S. stock markets rose to new records. Both Canada and the U.S.

OTTAWA — Canada's banking regulator says it has delayed by a year a rule change established by international banking standards.

NEW YORK (AP) — U.S. stocks rose to more records after a report on the job market bolstered hopes that interest rates may soon get easier. The S&P 500 climbed 0.

TORONTO — Workers for Ontario's main liquor retailer, who say the government's plan to open up the alcohol market poses an existential threat to their jobs, are now on strike, with stores expected to stay closed for at least 14 days.

Travellers expressed frustration this week over WestJet's response after the airline cancelled more than 1,200 flights due to a strike by plane mechanics, leading advocates to accuse it of breaching consumer protection rules.

TORONTO — When Liza Amlani visited Hudson's Bay Co.'s flagship Toronto store last week, she was quickly taken aback by the scene.

Global streaming services such as Netflix and Disney Plus are challenging a regulatory directive under the Online Streaming Act to contribute money to Canada's broadcast sector, including for local news.

TULUM, Mexico (AP) — Texas officials are urging coastal residents to prepare as Beryl moves toward the Gulf of Mexico after leaving a trail of destruction that has killed at least 11 people.

VICTORIA — British Columbia's power provider is planning to spend more than $3 billion on capital projects to upgrade and expand the electricity grid on Vancouver Island.