National Business

WASHINGTON (AP) — President Donald Trump told reporters Tuesday that he plans to place tariffs of over 10% on smaller countries, including nations in Africa and the Caribbean.

McDonald's Canada announces Annemarie Swijtink as its new CEO. Swijtink is currently the managing director of McDonald's Netherlands and has held the position since June 2022.

TORONTO — Canada's main stock index fell more than 140 points to finish trading Tuesday, while U.S. stock markets were mixed as investors saw fresh inflation data from both countries. The S&P/TSX composite index was down 144.71 points at 27,054.

Ontario’s main beer retailer says it's closing another 10 stores across the province due to changing market conditions.

TORONTO — B.C. billionaire Ruby Liu and her bid to buy up to 25 Hudson’s Bay leases was due to come under further scrutiny in court Tuesday — but the battle was waylaid when she showed up with no lawyer or materials to aid in making her case.

EDMONTON — The husband of a former Alberta premier is questioning why Premier Danielle Smith invited her husband to sit in on government meetings.

WINNIPEG — The company that owns a rail line and port in northern Manitoba has increased its capacity to transport goods, as governments eye potential growth in trade through Hudson Bay to overseas markets.

For the second time this year, the Canadian Real Estate Association has downgraded its forecast for home sales in 2025, even as it says a turnaround could be looming following increased activity in June.

NEW YORK (AP) — Most U.S. stocks fell after an update on inflation hurt Wall Street’s hopes for lower interest rates. The S&P 500 fell 0.4% Tuesday, and the Dow Jones Industrial Average lost 1%.

As Canadians increasingly turn to AI chatbots for help with everyday tasks like meal planning, workout routines and even mapping out vacation itineraries, some are also using it to help manage their money.