National Business

TORONTO — Canada's main stock index moved lower on Wednesday, weighed down by losses in the technology and base metal sectors, while U.S. stocks also dropped.

Canadian auto industry leaders say the latest tariffs announced today by U.S. President Donald Trump will raise the prices of cars for consumers and devastate the sector.

MONTREAL — Dollarama Inc. says it's entered an agreement to buy Australian discount retailer the Reject Shop. The Montreal-based company will pay $6.

CALGARY — A car dealer says he defrauded customers out of thousands of dollars because he, too, was a victim and thought he could earn back his losses.

WASHINGTON (AP) — President Donald Trump said Wednesday he was placing 25% tariffs on auto imports , a move the White House claims would foster domestic manufacturing but could also put a financial squeeze on automakers that depend on global supply c

NEW YORK (AP) — Renewed drops for Nvidia, Tesla and other former superstars dragged Wall Street lower. The S&P 500 fell 1.1% Wednesday. The Dow Jones Industrial Average lost an early gain to flip to a loss of 0.

Economic uncertainty stirred up by whipsawing U.S. tariff threats prompted BRP Inc.

OTTAWA — The Bank of Canada’s top decision makers signalled they likely would have puased the interest rate easing cycle earlier this month if not for the substantial uncertainty around tariffs from the United States.

TORONTO — Hudson’s Bay asked an Ontario court Wednesday to approve a restructuring agreement that will give it a short timeline to save the six stores it has so far spared from liquidation.

TORONTO — Canadian small businesses are losing confidence in the U.S. as a reliable trading partner, and are shifting to suppliers in domestic and other international markets in the wake of President Donald Trump's tariffs.