National Business

OTTAWA — Canada’s annual inflation rate fell to 2.5 per cent last month, matching economists' forecasts and solidifying expectations for a third consecutive interest rate cut in September.

Canadians are continuing to be laid off as part of a wave of job cuts that began in 2023 as companies assessed their operations after the height of the COVID-19 pandemic passed.

TORONTO — About 800 Canadian employees are being laid off by SkipTheDishes and its parent company. Roughly 100 Canada-based workers will depart SkipTheDishes, the food delivery service's chief executive Paul Burns revealed on LinkedIn on Tuesday.

DETROIT (AP) — A high-profile spat between the United Auto Workers and Stellantis over reopening an Illinois factory complex has made its way into the race for U.S. president and could elicit a strike against the automaker.

TORONTO — Most Canadians have spotted deepfakes online and almost a quarter encounter them weekly, a new study says.

TORONTO — Nearly 70 per cent of Canadian small businesses say they've experienced disruptions in some form, including taking a financial hit, from construction projects within the last five years, a new report from the Canadian Federation of Independ

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BURNABY, B.C. — Interfor Corp. says it will indefinitely curtail operations at its sawmills in Meldrim, Ga., and Summerville, S.C., due to weak lumber market conditions. The move will impact about 180 employees across both facilities.

NEW YORK (AP) — U.S. stocks are holding near their record levels following an eight-day winning streak. The S&P 500 was down less than 0.1%. The Dow Jones Industrial Average fell 0.1%, and the Nasdaq composite slipped 0.1%.

OTTAWA — Canada's annual inflation rate was 2.5 per cent in July, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 2.1 per cent (2.3) — Prince Edward Island: 2.0 per cent (3.