National Business

OTTAWA — Canada's annual inflation rate was 1.7 per cent in April, Statistics Canada says.

OTTAWA — Canada's annual inflation rate was 1.7 per cent in April, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 0.4 per cent (1.1) — Prince Edward Island: 0.6 per cent (1.

BRUSSELS (AP) — The European Union on Tuesday agreed to impose fresh sanctions on Russia, notably targeting almost 200 ships from the shadow fleet illicitly transporting oil to skirt Western restrictions put in place over Moscow's war in Ukraine.

VANCOUVER — British Columbia's power utility is facing transformational challenges of drought, rising costs and a trade war with the United States as it works to meet electricity demand that's surging after two decades of relative stability.

MELBOURNE, Australia (AP) — Australia’s central bank on Tuesday reduced its benchmark interest rate by a quarter percentage for a second time this year, to 3.85% after inflation fell within a target range.

MONTREAL — Importers are warning that the launch of a new online payment regime this week will cause financial headaches and logistical snarls for shippers bringing goods into Canada.

NEW YORK (AP) — U.S. stocks, bonds and the value of the U.S. dollar drifted following the latest reminder that the U.S government seems to be hurtling toward an unsustainable mountain of debt. The S&P 500 edged up 0.

Canada has filed its preliminary roster for next month's CONCACAF Gold Cup, a 60-man list that will be reduced to a final squad of 23 to 26 players by June 4.

LONDON (AP) — Britain’s government said Monday it has struck new agreements with the European Union on boosting defense cooperation, easing food trade and border checks.

The May long weekend marks the unofficial start of cottage season for many Canadians, but a new report says some looking to buy a vacation home of their own are holding back until economic tensions settle.