National Business

WASHINGTON (AP) — The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers — the main driver of economic growth — kept spending at a solid pace.

NEW YORK (AP) — Stocks closed lower on worries about a potentially toxic cocktail for financial markets, one where inflation remains stubbornly high but the economy’s growth flags.

HALIFAX — A string of recent arrests for illegal fishing is an early sign the federal government has increased enforcement since it closed the baby eel fishery, says one Nova Scotia commercial fisher.

CALGARY — The completion of the Trans Mountain pipeline expansion is leading to a boom in demand for drilling services, said Precision Drilling chief executive Kevin Neveu.

Tim Hortons is considered part of the fabric of Canada, but long before the chain became synonymous with the country, it had humble beginnings as a coffee and doughnut shop. As the company turns 60 in 2024, this is a look back at its history.

Honda Motor Co. plans to build a $15-billion electric vehicle battery plant next to its Alliston, Ont., plant, which it will retool to produce EVs, the company announced on Thursday.

LONDON (AP) — Shares in U.K.

TORONTO — The owners of Ted Baker's Canadian operations have filed for court protection from creditors in a bid to help the retailer get enough "breathing room" to decide whether to liquidate and wind down the business or pursue other unspecified alt

Teck Resources Ltd. saw copper production surge in the first quarter compared with a year earlier as its Quebrada Blanca expansion project ramped up toward full production. The roughly US$8.

Honda is set to build an electric vehicle battery plant next to its Alliston, Ont.