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National Business
National Business
Ontario court approves historic $32.5B tobacco settlement
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
Mar 6, 2025 4:31 PM
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Here's the latest as the U.S. imposes tariffs on goods from Canada and Mexico
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.
Mar 6, 2025 3:50 PM
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Tariffs on auto sector would cause shutdown: Martinrea executive chairman
TORONTO — If the U.S.'s tariffs are fully implemented and not withdrawn, the auto sector would "shut down," said Rob Wildeboer, executive chairman and co-founder of auto supplier Martinrea International Inc.
Mar 6, 2025 3:47 PM
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Walgreens agrees to be acquired by private equity firm for almost $10 billion
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.
Mar 6, 2025 3:46 PM
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B.C. poised to toll U.S. trucks driving to Alaska through province in tariff response
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.
Mar 6, 2025 3:17 PM
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Saskatchewan liquor stores selling leftover U.S. booze as government halts purchase
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.
Mar 6, 2025 3:00 PM
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Wall Street tumbles as tariff whiplash and falling AI stocks drag Nasdaq 10% below its record
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.
Mar 6, 2025 2:35 PM
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B.C. signs $670-million pharmacare agreement with federal government
VICTORIA — The British Columbia and federal governments have signed a four-year, $670-million pharmacare agreement, giving universal access to contraceptive and diabetes medications. The plan will support nearly 550,000 B.C.
Mar 6, 2025 2:33 PM
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Walmart, Loblaw agree to identify Nova Scotia products in stores as U.S. tariffs hit
HALIFAX — Two of Nova Scotia’s largest retailers have signed on to a provincial program aimed at making it easier for shoppers to identify locally produced products amid the ongoing trade war with the United States.
Mar 6, 2025 2:13 PM
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Truckers scramble for new routes as tariff uncertainty brings shipments to a halt
MONTREAL — Trucking companies have begun to halt shipments, mull layoffs and scramble for new routes as tariffs — and their on-again, off-again implementation — wreak havoc on cross-border trade. The lead-up to U.S.
Mar 6, 2025 2:06 PM
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