National Business

NEW-WES-VALLEY — The affordable housing complex Mike Tiller is hoping for is unlike anything else in his community.

CALGARY — Canadian Pacific Kansas City reported an increase in profits and revenues during the second quarter and maintained its current guidance.

AIRDRIE — Alberta's transportation minister says the province plans to learn from an Ontario court ruling that found a law seeking to remove some Toronto bike lanes to be unconstitutional.

TORONTO — The royal charter that formed Hudson's Bay about 355 years ago could soon be getting a new home. The Canadian Museum of History announced Wednesday that Wittington Investments Ltd.

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell gave little indication on Wednesday of bowing anytime soon to President Donald Trump's frequent demands that he cut interest rates, even as signs of dissent emerged on the Fed's governing board.

WASHINGTON (AP) — The U.S. economy expanded at a surprising 3% annual pace from April through June, bouncing back at least temporarily from a first-quarter drop that reflected disruptions from President Donald Trump’s trade wars .

TORONTO — Canada's main stock index saw broad declines Wednesday while U.S. markets were mixed as both the Bank of Canada and the U.S. Federal Reserve held borrowing costs steady. The S&P/TSX composite index finished 169.

HALIFAX — The Nova Scotia Community College has officially opened the third of seven promised on-campus housing projects at its waterfront campus in Dartmouth. The $58.6 million student residence will house 200 students beginning in September.

TORONTO — Canada's Gabriel Diallo has advanced to the third round of the men's National Bank Open in Toronto. The 27th-seed from Montreal beat Italy's Matteo Gigante 6-3, 7-5 (6). Gigante doubled-faulted on match point.

TORONTO — Thousands of young people lined up for interviews at the Canadian National Exhibition job fair on Wednesday amid a high level of youth unemployment in Ontario.