National Business

WASHINGTON (AP) — President Donald Trump has removed former U.S. Rep. Billy Long as IRS commissioner less than two months after his confirmation, a White House official said Friday.

The Manitoba Museum might have one of the largest collections of Hudson’s Bay artifacts, but its CEO isn't bitter the defunct retailer's crown jewel isn’t destined for her institution.

TORONTO — RioCan Real Estate Investment Trust says it's cutting financial ties to five properties held in its joint venture with the now-defunct Hudson's Bay as it works to move past the debacle as quickly as possible.

TORONTO — A third 16-year-old boy has been charged with first-degree murder after a 14-year-old boy was fatally stabbed last month in Toronto's east end. Toronto police said paramedics responded to reports of a stabbing shortly after 10 p.m.

OTTAWA — Canadian job seekers and young workers are struggling through the dog days of summer even as the labour market shows limited strain from U.S. tariffs.

MONTREAL — Lyten, an American company, has announced it hopes to purchase the Northvolt battery plant in Quebec. This comes after the company shared Thursday it entered into a deal buy Northvolt's assets in Sweden and Germany.

TORONTO — The national average asking rent in July fell 3.6 per cent from a year earlier to $2,121, marking the 10th straight month of year-over-year decreases and the largest drop of 2025 so far. The latest monthly report from Rentals.

OTTAWA — The national unemployment rate was 6.9 per cent in July. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.

OTTAWA — Canada's national unemployment rate was 6.9 per cent in July. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10.5 per cent (9.9) _ Prince Edward Island 8.

OTTAWA — A quick look at Canada's July employment figures (numbers from the previous month in brackets): Unemployment rate: 6.9 per cent (6.9) Employment rate: 60.7 per cent (60.9) Participation rate: 65.2 per cent (65.