National Business

TORONTO — Stock markets in Canada and the U.S. plunged Thursday as investors reacted to the latest tariffs from U.S. President Donald Trump.

TORONTO — Canadian apparel companies including Aritzia and Lululemon saw their stock prices slide Thursday as investors reacted to the sweeping new tariffs announced by U.S. President Donald Trump on Wednesday.

FREDERICTON — New Brunswick's Crown-owned electric utility says it understands some customers are frustrated with the cost of electricity, but NB Power says it's unacceptable that some people are turning to threats and violence.

ST. JOHN'S — Abuse, missing residents, deaths and feces-strewn walls are among the findings in a new auditor general's report about personal care homes in Newfoundland and Labrador.

WINNIPEG — Manitoba Premier Wab Kinew says he and other provincial leaders are backing the federal government's response to tariffs imposed by the United States.

TORONTO — Ontario Premier Doug Ford says he was relieved to see Canada is not facing any of U.S. President Donald Trump's new "reciprocal" tariffs, but he is still very concerned about the province's auto sector.

HALIFAX — Even though Canada was left out of the latest round of global U.S. tariffs, premiers in the Atlantic region say economic uncertainty remains and their work to lift existing duties isn't over. U.S.

WASHINGTON (AP) — President Donald Trump promised tariffs that would raise U.S. import taxes high enough to mirror what other assess as trade penalties on American goods. What he's actually imposing is based on far more complicated math.

TORONTO — Home sales in the Greater Toronto Area fell 23.1 per cent in March while more supply hit the market, helping bring down prices compared with a year ago.

OTTAWA — The country's merchandise trade balance fell to a deficit of $1.5 billion in February as exports fell, Statistics Canada said Thursday. The federal agency said the result compared with a surplus of $3.1 billion in January.