National Business

CHARLOTTETOWN — Community groups in Prince Edward Island say they are worried that inflation, rent increases and the damage caused by post-tropical storm Fiona are leading to food insecurity among lower-income people.

MONTREAL — Rio Tinto is partnering with the Canadian government to invest up to $737 million to decarbonize its Rio Tinto Fer et Titane operations in Sorel-Tracy, Que. The plant in southwestern Quebec produces steel, scandium and titanium dioxide.

A leadership change at Hockey Canada may not be enough to bring back its biggest corporate sponsors, with broader concerns over its direction and policies cited as the reason some companies pulled support in the first place.

In a heated rental market, prospective tenants are looking for anything to give them an edge on the competition, and one Toronto-based startup hopes that its model of pairing renters with landlords provides a solution. Cios Technologies Inc.

MONTREAL — Canadian National Railway Co. says it has concluded arbitration with the International Brotherhood of Electrical Workers, resulting in a three-year collective agreement that includes a three per cent wage increase.

TORONTO — Netflix is bringing its star-studded whodunit "Glass Onion: A Knives Out Mystery" to the big screen in Canada.

WASHINGTON — The International Monetary Fund is downgrading its outlook for the world economy for 2023, including Canada's, citing threats that include labour shortages and excess market demand.

Hockey Canada is continuing to lose major sponsorships as the fallout from its mishandling of sexual assault allegations deepens.

MONTREAL — WSP Global Inc. is giving up its effort to buy British consulting firm RPS Group plc. The Montreal-based company says it will not be revising its offer for the company in the face of a rival offer by Tetra Tech Inc.

NEW YORK (AP) — Stocks are opening lower on Wall Street as markets received some more discouraging news on the global economy. The S&P 500 was down 0.7% in the early going Tuesday.