National Business

CALGARY — Canada is set to have another liquefied natural gas export terminal as project proponents have green-lit the majority Indigenous-owned US$4-billion Cedar LNG facility.

LAVAL, Que. — Alimentation Couche-Tard Inc. says its net earnings fell by almost a third in its fourth quarter as inflation-squeezed consumers watch their spending.

CALGARY — Calgary's weeks-long water crisis, which has prompted civic officials to ask residents to cut back on showers and other activities, may end a little sooner than expected.

TORONTO — Canada's main stock index closed down Tuesday on the same day inflation came in higher than expected, while U.S. stock markets were mixed. The S&P/TSX composite index ended down 60.11 points at 21,788.

General Motors on Tuesday named a veteran technology executive with roots in the video game industry to steer its troubled robotaxi service Cruise as it tries to recover from a gruesome collision that triggered the suspension of its California licens

NEW YORK (AP) — A rebound for Nvidia propped up a weakened Wall Street and kept U.S. stock indexes close to their records. The S&P 500 rose 0.4% Tuesday and neared its all-time high set a week earlier. The Nasdaq composite leaped 1.

Higher grocery prices continue to wallop Canadian household budgets, with food inflation ticking higher in May for the first time in nearly a year. Statistics Canada reported Tuesday that grocery prices rose 1.

Manulife Financial Corp. boosted a key profitability target as it emphasized the big changes the company has gone through in recent years.

OKLAHOMA CITY (AP) — The Oklahoma Supreme Court on Tuesday stopped what would have been the first publicly funded religious charter school in the U.S.

OTTAWA — The annual inflation rate unexpectedly ticked higher in May, raising doubts about what the Bank of Canada will do when it makes its next interest rate decision in July in "bumpy and choppy" conditions.