National Business

OTTAWA — Officials in Ottawa and British Columbia have welcomed a ruling under the North American Free Trade Agreement, saying it found elements of the United States' calculation of softwood lumber duties are inconsistent with that country's own law.

HROZA, Ukraine (AP) — A Russian rocket blast turned a village cafe and store in eastern Ukraine into rubble Thursday, killing at least 51 civilians in one of the deadliest attacks in the war in months, according to President Volodymyr Zelenskyy and o

TORONTO — Strength in utility and telecom stocks helped lift Canada's main stock index higher on Thursday, while U.S. stock markets moved lower. The S&P/TSX composite index closed up 103.00 points at 19,137.81.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,137.81, up 103.00 points): TC Energy Corp. (TSX:TRP). Energy. Up 66 cents, or 1.46 per cent, to $45.89 on 9.6 million shares.

HALIFAX — The Nova Scotia government’s plan to increase the annual registration tax for short-term rentals, such as apartments and Airbnbs, is being panned by the province’s opposition parties as inconsequential.

TORONTO — The former chief executive of Rogers Communications Inc. has fired back at the company, alleging Rogers is carrying out "a campaign of dishonesty" surrounding his ouster in November 2021 by fabricating claims in its defence to his lawsuit.

WASHINGTON (AP) — The global economy has shown “remarkable resilience’’ but still bears deep scars from the coronavirus pandemic, the war in Ukraine and rising interest rates , the head of the International Monetary Fund said Thursday.

WINNIPEG — Exchange Income Corp. says it has acquired DryAir Manufacturing Corp. for $60 million in cash and shares. Under the deal, EIC paid $15 million in shares and $45 million in cash.

TORONTO — Younger Canadians don't want to be their own bosses, intensifying the slowdown in entrepreneurship in Canada, according to a new RBC report.

WINNIPEG — NFI Group Inc. says it has signed a deal with the Houston Metropolitan Transit Authority for up to 210 buses. Financial terms of the deal were not immediately available.