National Business

DUBAI, United Arab Emirates (AP) — Crew members aboard a Liberian-flagged ship set ablaze by a series of attacks in the Red Sea abandoned the vessel Sunday night as it took on water, marking the first serious assault in the vital corridor for trade a

TORONTO — Toronto Mayor Olivia Chow will be leading a trade mission to the United Kingdom and Ireland, which she says will focus on supporting economic opportunities for Toronto businesses and workers.

MONTREAL — As citizens of Lac-Mégantic, Que., marked the 12th anniversary of a rail disaster that killed 47 people when a runaway train derailed and smashed into downtown, an advocate warned that more needs to be done to ensure rail safety.

OTTAWA — An environmental think tank is warning the federal government against repealing its electric vehicle mandate, instead suggesting that politicians should be helping to put more EVs on the road.

CALGARY — Canada’s top soldier is looking forward to a boost in military spending that includes a pay raise for military personnel at a time when uncertainty on the world stage is high.

TORONTO — Canada's main stock index finished slightly higher Friday, helped by strength in the real estate sector, while U.S. markets were closed for the Fourth of July. The S&P/TSX composite index was up 1.90 points at 27,036.16.

As the number of in-office days is set to increase for many of Canada’s hybrid workers, return-to-office mandates are setting the stage for tension between employees and employers.

OTTAWA — Not that long ago, former air force fighter pilot Stephen Fuhr was just one among many voices in Canada complaining about the way the federal government makes big defence purchasing decisions.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Stampede The oilpatch is donning cowboy hats and boots this week for the Calgary Stampede.

REGINA — It's the ninth year in a row Quinton Jacksteit's farm has experienced drought.