National Business

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. Stocks on Wall Street bounced back from a midafternoon fade Friday, leaving the market on pace to close out its fourth-straight winning month with more gains. The S&P 500 was up 0.

MONTREAL — The union representing thousands of railroaders has appealed the federal government's move that ended last week's rail shutdown — a work stoppage that halted freight and commuter traffic across the country.

OTTAWA — Economists say the Bank of Canada is still on track to cut interest rates next week, despite economic growth coming in stronger than expected in the second quarter.

TORONTO — More than 4,000 convenience stores across Ontario have been licensed to sell alcohol as new liberalized rules are set to take effect next week.

TORONTO — Cannabis retailer Tokyo Smoke says it will be shuttering 29 of its stores as it seeks creditor protection. The closures are part of a restructuring the brand is carrying out under the Companies' Creditors Arrangement Act.

VANCOUVER — The Vancouver Art Gallery says the construction cost of its planned new home has jumped from an original estimate of $400 million to $600 million, forcing a redesign.

MINNEAPOLIS (AP) — Two Minnesota women are charged with organizing thefts of several thousand dollars' worth of merchandise from a Lululemon store in Minneapolis and then funneling the stolen goods through a suburban nail salon.

OTTAWA — The Finance Department says the federal deficit was $2.9 billion over the first three months of the fiscal year. The result compared with a $3.

TORONTO — Scotiabank says it has completed the first step in its investment in KeyCorp with the acquisition of a 4.9 per cent stake in the U.S. bank. The Canadian bank says it paid US$17.17 per share or about US$800 million for the stake.

The Teamsters union that represents workers at both of Canada's largest freight railroads has filed the lawsuits it promised challenging the orders that forced employees back to work and got the trains moving again, the union announced Friday.