National Business

WASHINGTON (AP) — Inflation in the United States slowed last month in a sign that the Federal Reserve’s interest rate hikes are continuing to cool the consumer price spikes that have bedeviled consumers for the past two years.

CALGARY — Parkland Corp. says it expects $6 billion in cumulative available cash flow from 2024 to 2028 that it plans to use to fund dividends, share buybacks, growth and debt reduction.

NEW YORK (AP) — Stocks are leaping after a report on U.S. inflation sent waves of relief through Wall Street. The S&P 500 was 1.4% higher in early trading Tuesday and near its best level in two months.

TORONTO — Aimia Inc. reported a loss in its latest quarter compared with a profit a year ago when its results were boosted by the sale of its stake in the PLM loyalty program.

LITTLE ROCK, Ark. (AP) — Exxon Mobil on Monday announced it's drilling for lithium in southern Arkansas, with the oil giant expected to begin production of the critical material for electric vehicles by 2027.

OTTAWA — Conservative Leader Pierre Poilievre said Monday he doesn't yet have a position on the Liberal government's proposed legislation to ban the use of replacement workers during strikes and lockouts in most federally regulated workplaces.

TORONTO — Sun Life Financial Inc. says net income for the third quarter was $871 million, up from $111 million a year earlier. The Toronto-based company says earnings per share were $1.48, up from 19 cents during the third quarter last year.

WINNIPEG — The first Canadian coins bearing the face of King Charles are soon to be circulated across the country.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,709.15, up 54.68 points): Marathon Gold Corp. (TSX:MOZ). Mining. Up seven cents, or 10.94 per cent, to 71 cents on 14.

TORONTO — Canada's main stock index ticked higher on Monday, led by strength in tech and energy, while U.S. markets were mixed.