National Business

Canadian and American markets tumbled Friday amid inflation worries and uncertainty over the scale and scope of the next round of U.S. tariffs set to kick in April 2. The S&P/TSX composite index was down 1.6 per cent, or 401.91 points, at 24,759.

HALIFAX — Mi’kmaw chiefs in Nova Scotia say they are considering legal action against newly passed provincial legislation that opens the door to hydraulic fracturing for natural gas.

NEW YORK (AP) — Another wipeout slammed Wall Street as worries built about a potentially toxic mix of worsening inflation and a U.S. economy slowing because of households afraid to spend due to the global trade war.

Hudson's Bay has begun liquidating all but six of its stores after the company filed for creditor protection earlier this month.

OTTAWA — The Canadian economy was off to a solid start in January but early signs suggest growth stalled in February amid harsh winter weather and the looming threat of tariffs. Statistics Canada said Friday that real gross domestic product rose 0.

HALIFAX — Demand for cottages and recreational properties in Nova Scotia should remain strong despite the doubling of the province’s deed transfer tax, says an executive with a major real estate agency.

WASHINGTON (AP) — Noted economist Arthur Laffer warns in a new analysis that President Donald Trump's 25% tariffs on auto imports could add $4,711 to the cost of a vehicle and says the proposed taxes could weaken the ability of U.S.

REGINA — Saskatchewan Premier Scott Moe is travelling to Europe to promote the province's agricultural, energy and manufacturing industries.

WASHINGTON (AP) — Inflation picked up last month and consumers barely raised their spending, signs that the economy was already cooling even before most tariffs were imposed.

Ontario’s privacy commissioner says Canadians who use genetic testing companies should be aware that highly sensitive personal data is increasingly accessed by law enforcement agencies to solve crimes.