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S&P/TSX composite finishes lower, U.S. markets drop

S&P/TSX composite finishes lower, U.S. markets drop

TORONTO — Canada's main stock index finished lower, driven partly by weakness in real estate stocks, as U.S. markets fell. The S&P/TSX composite index was down 15.88 points at 27,020.28.
N.S. government failure has made affordability similar in Halifax and Toronto: NDP

N.S. government failure has made affordability similar in Halifax and Toronto: NDP

HALIFAX — Nova Scotia’s NDP says the provincial government's failure to address the cost of living has made affordability in Halifax comparable to that in Toronto, and the party is calling for urgent action.
Premiers Danielle Smith and Doug Ford agree to study new energy corridors, more trade

Premiers Danielle Smith and Doug Ford agree to study new energy corridors, more trade

CALGARY — The premiers of Alberta and Ontario agreed Monday to a feasibility study of new pipelines and rail lines between provinces and pledged to increase interprovincial trade of alcohol and vehicles.
New Brunswick to allow direct-to-consumer alcohol sales with some other provinces

New Brunswick to allow direct-to-consumer alcohol sales with some other provinces

FREDERICTON — The owner of a New Brunswick vodka distillery says he anticipates competition to get tougher as the provincial government pursues new rules to remove trade barriers with the rest of Canada.
Alberta to hold nuclear power consultations as reactor companies weigh opportunities

Alberta to hold nuclear power consultations as reactor companies weigh opportunities

CALGARY — Alberta plans to hold public consultations this fall on adding nuclear power to the province's energy mix, Premier Danielle Smith said Monday.
Trump to put 25% tariffs on Japan and South Korea, new import taxes on five other nations.

Trump to put 25% tariffs on Japan and South Korea, new import taxes on five other nations.

WASHINGTON (AP) — President Donald Trump on Monday set a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on Malaysia, Kazakhstan, South Africa, Laos and Myanmar, all of which would go into effect on Aug. 1.
Canadians will see wages pick up as immigration slows, Conference Board argues

Canadians will see wages pick up as immigration slows, Conference Board argues

OTTAWA — The Conference Board of Canada expects wage hikes will pick up speed in the coming years as the pace of population growth slows down.
Politicians overstating benefits of scrapping internal trade barriers: think tank

Politicians overstating benefits of scrapping internal trade barriers: think tank

OTTAWA — The federal government and Canada's premiers are greatly overselling the benefits of breaking down internal trade barriers, the Canadian Centre for Policy Alternatives argues in a new report.
Wall Street falls as Trump pressures trading partners with new tariffs

Wall Street falls as Trump pressures trading partners with new tariffs

Stocks fell on Wall Street as the Trump administration stepped up pressure on trading partners to make deals before punishing tariffs imposed by the U.S. take effect. The S&P 500 lost 0.8% Monday. The Dow Jones Industrial Average gave back 0.
Ontario Premier Doug Ford pitches railway to Ring of Fire, Alberta is on board

Ontario Premier Doug Ford pitches railway to Ring of Fire, Alberta is on board

Ontario signed an agreement with Alberta to build infrastructure and energy corridors that include a possible railway to the mineral-rich Ring of Fire region, the premiers of both provinces announced on Monday.