National Business

CALGARY — Canada is set to have another liquefied natural gas export terminal as project proponents have green-lit the majority Indigenous-owned US$4-billion Cedar LNG facility.

MONTREAL — Pro-Palestinian protesters and counter-protesters faced off on Tuesday afternoon at a downtown Montreal square, where a new encampment tied to the war in the Gaza Strip was set up over the weekend.

LAVAL, Que. — Alimentation Couche-Tard Inc. says its net earnings fell by almost a third in its fourth quarter as inflation-squeezed consumers watch their spending.

CALGARY — Calgary's weeks-long water crisis, which has prompted civic officials to ask residents to cut back on showers and other activities, may end a little sooner than expected.

TORONTO — Canada's main stock index closed down Tuesday on the same day inflation came in higher than expected, while U.S. stock markets were mixed. The S&P/TSX composite index ended down 60.11 points at 21,788.

General Motors on Tuesday named a veteran technology executive with roots in the video game industry to steer its troubled robotaxi service Cruise as it tries to recover from a gruesome collision that triggered the suspension of its California licens

NEW YORK (AP) — A rebound for Nvidia propped up a weakened Wall Street and kept U.S. stock indexes close to their records. The S&P 500 rose 0.4% Tuesday and neared its all-time high set a week earlier. The Nasdaq composite leaped 1.

Higher grocery prices continue to wallop Canadian household budgets, with food inflation ticking higher in May for the first time in nearly a year. Statistics Canada reported Tuesday that grocery prices rose 1.

OTTAWA — Foreign Affairs Minister Mélanie Joly is urging Canadians to leave an increasingly volatile Lebanon while they can.

Manulife Financial Corp. boosted a key profitability target as it emphasized the big changes the company has gone through in recent years.