National Business

Yukon is predicting an $81.96 million surplus this year as the territory promises record capital investment in housing, in what is expected to be its last budget before the next territorial election.

EDMONTON — As the tariff war with the U.S. continued its twists and turns Thursday, Alberta Premier Danielle Smith made the rounds of U.S. TV networks reminding Americans that Canada has to look out for itself in the fight.

OTTAWA — The Liberals released their long-promised Africa strategy Thursday but without the funding and media blitz that accompanied their plan for Asia.

TORONTO — A historic deal that calls for three major tobacco companies to pay out billions in compensation to provinces and territories as well as former smokers across Canada has cleared its final legal hurdle in Ontario, bringing a decades-long cou

OTTAWA — U.S. President Donald Trump has imposed tariffs on imports from Canada and Mexico — a 25 per cent across-the-board levy, with a lower 10 per cent charge on Canadian energy — triggering a continental trade war.

TORONTO — If the U.S.'s tariffs are fully implemented and not withdrawn, the auto sector would "shut down," said Rob Wildeboer, executive chairman and co-founder of auto supplier Martinrea International Inc.

NEW YORK (AP) — Walgreens Boots Alliance says it has agreed to be acquired by private equity firm Sycamore Partners as the struggling retailer looks to turn itself around after years of losing money.

British Columbia Premier David Eby says Canada should maintain retaliatory measures against the United States — such as possible tolls facing commercial trucks heading to Alaska — despite some tariffs being paused for a month.

REGINA — Some Saskatchewan liquor stores are selling off their remaining bottles of American booze and restaurants are rethinking their menus, after the province said it would stop buying U.S.

NEW YORK (AP) — Wall Street’s sell-off kicked back into gear on Thursday, and a U.S. stock market rattled by the whiplash created by President Donald Trump’s tariffs and uncertainty about the economy fell sharply. The S&P 500 tumbled 1.