National Business

Vivek Ramaswamy is no longer part of the government efficiency commission that President Donald Trump selected him to lead alongside fellow billionaire Elon Musk.

TORONTO — Canada's main stock index rose more than 100 points and the loonie climbed on Monday as U.S. media reported that Donald Trump would likely hold off on imposing tariffs on Canadian exports to the U.S. on his first day in office.

PRINCE RUPERT, B.C. — The Port of Prince Rupert says cargo shipments were down by one per cent last year from 2023, but volume was up at terminals that ship containers, liquefied petroleum gas and agricultural crops.

JASPER, ALTA. — As more than 600 families find themselves without homes in fire-ravaged Jasper, Alta., the Rocky Mountain tourist town and the province are locked in a standoff over what to build for interim housing.

VANCOUVER — A Finnish developer wants to bring a 250-room floating hotel into Vancouver's harbour. A statement from Sunborn International Holding says the proposed hotel would be 136 metres long and 19.

TORONTO — Overdoses will increase and first responders will see more emergency calls after new provincial laws shutter five supervised drug consumption sites in Toronto this spring, the city's acting medical officer of health said in a report tabled

MONTREAL — An obscure but hard-fought — and hard-lobbied — battle over railway competition has steamed back to the surface.

OTTAWA — Nearly a quarter of Canadian businesses expect their costs to rise with Donald Trump set to take office today, according to a new survey from the Bank of Canada. The central bank polled more than 900 business leaders in December.

TORONTO — Shoe and clothing retailer Johnston & Murphy has closed its Canadian stores. The U.S.

TORONTO — As tariff threats loom, a new Bank of Montreal survey finds 63 per cent of Canadians expressed concerns about the potential for a recession in the next 12 months.