National Business

NEW YORK (AP) — Wall Street’s sell-off hit a new low Thursday after President Donald Trump’s escalating trade war dragged the S&P 500 more than 10% below its record , which was set just last month.

Empire Co. Ltd.'s CEO says the grocer is seeing sales of products from the U.S. "rapidly dropping" as shoppers look to support the Canadian economy and avoid the potential effects of tariffs.

MONTREAL — The head of Transat A.T. Inc. says Canadians' appetite for travel remains unsated — at least for overseas trips — even as pocketbook worries grow amid a trade war with the United States.

The chief executive of one of Canada's largest steel producers says the company is in discussions with federal and provincial leaders to determine what government support might be available to help offset the Trump administration's tariffs.

MONTREAL — AtkinsRéalis Group Inc. announced the sale of its remaining stake in Ontario’s 407 toll highway operator in a $2.79 billion deal that caps off the company's conversion into a pure-play engineering firm.

FREDERICTON — New Brunswick Premier Susan Holt says it's unlikely the province will cut off the electricity NB Power supplies to northern Maine as the trade war with the United States drags on, but she says that could change.

BRUSSELS (AP) — Belgian federal prosecutors on Thursday announced the arrests of several people in a corruption probe linked to the European Parliament and the Chinese company Huawei, which is suspected of bribing EU lawmakers.

TORONTO — Cohere Inc. says it has released a new enterprise generative artificial intelligence model that is "on par or better than" the latest technology underpinning ChatGPT and DeepSeek.

ST. JOHN'S — A boil-water advisory in place since 1989 has been lifted in one Newfoundland fishing community, but dozens of other rural towns in the province are still struggling with long-standing government orders to avoid drinking tap water.

VANCOUVER — The federal government is providing nearly $157 million for eight electrical infrastructure projects across British Columbia.