National Business

OMAHA, Neb. (AP) — Union Pacific is seeking to buy Norfolk Southern in a deal valued at $85 billion in a merger that could trigger the final wave of railroad mergers across the country.

MONTREAL — Air Canada says it had a net income of $186 million in the second quarter, down from $410 million in the same quarter last year, in what it characterized as a "challenging environment.

UnitedHealth missed Wall Street’s second-quarter earnings expectations and offered a new and conservative take on the rest of 2025.

OTTAWA — Under pressure from the U.S. trade war and a slowing economy, Canada's provinces are all expected to run fiscal deficits this year — but a Conference Board of Canada report predicts those deficits will narrow in the coming years.

VANCOUVER — Environment Canada has issued heat warnings for a swath of British Columbia's Interior stretching from Grand Forks near the U.S. border to areas north of Prince George.

HALIFAX — There's been a surge in the number of Nova Scotians with complex disabilities stuck in temporary housing, according to recent figures released by the province.

VICTORIA — Premier David Eby has called for the federal government to float more money for ferry users in British Columbia, adding that equal funding "is the answer," after Ottawa cut ferry rates in Atlantic Canada.

WASHINGTON — Prime Minister Mark Carney said Monday that Canada's negotiations with the United States are in an "intense phase" after President Donald Trump achieved a critical agreement with the European Union days away from his tariff deadline.

OTTAWA — Reproductive health advocates say the federal government's failure to commit to funding pharmacare in all provinces and territories is leaving people with a lot of uncertainty, and could create inequality across the country.

MONTREAL — TFI International Inc. has reported a drop in second-quarter profit as weak demand took a toll on the volume of goods it hauls. Canada's largest trucking firm reported net income of US$98.