National Business

WASHINGTON — A bipartisan group of U.S. lawmakers is urging the State Department to ask that Americans be exempted from Canada's tax on foreign property owners.

Canada's competition watchdog is putting its weight behind some longtime cannabis industry asks including easing restrictions on cannabis packaging and adjusting limits on how much of pot’s psychoactive component can be in edible products.

SEOUL, South Korea (AP) — A passenger opened an emergency exit door during a plane flight in South Korea on Friday, causing air to blast inside the cabin and slightly injure 12 people, officials said. The plane landed safely.

MONTREAL — Olymel says it is cutting about 80 jobs as it reduces its hog production in Western Canada.

OTTAWA — The federal government ended the 2022-23 fiscal year with a $41.3 billion deficit, slightly lower than it had forecast in its budget released in March. The Finance Department says the result compares to a $95.

WASHINGTON (AP) — A key index of U.S. prices ticked higher in April, and consumer spending rebounded, a sign that inflationary pressures in the economy remain high. The index, which the Federal Reserve closely monitors, showed that prices rose 0.

The U.S.

EDMONTON — CWB Financial Group raised its quarterly dividend as it reported its second-quarter profit fell compared with a year ago and said it was targeting lower annual loan growth than previously expected.

VANCOUVER — Teck Resources Ltd. has promoted Ian Anderson to the post of chief commercial officer as the company continues work on a plan to separate its base metal and steelmaking coal operations.

CALGARY — As the Alberta election campaign heads into its final days, business groups are warning that increased divisiveness and political extremism poses a threat to the province's economic future.