National Business

TORONTO — Stock markets on both sides of the border took a steep tumble Monday as the reality of a U.S.

HALIFAX — China’s intent to slap 25 per cent tariffs on Canadian seafood products adds another layer of uncertainty to an industry already threatened by U.S. duties, say sector representatives in Atlantic Canada.

Trade uncertainty caused by U.S. tariffs both real and threatened has rattled consumer confidence, to the point that volume growth at the Port of Vancouver will suffer, says its chief executive.

REGINA — Saskatchewan is getting about $700 million as part of a settlement that will see three big tobacco companies pay out billions in compensation to provinces, territories and former smokers across the country.

Average asking rents across Canada fell year-over-year for the fifth straight month in February to $2,088. A monthly report by Rentals.ca and Urbanation, which analyzes listings in the former's network, says rents declined 4.

Police say five men from the Greater Toronto Area have been charged in an investigation into commercial break-ins that saw hundreds of thousands of dollars in thefts in Guelph, Ont., and other areas.

As grocers increasingly highlight Canadian products amid a trade war with the U.S., Loblaw is rolling out new symbols alongside prices that include an indication that a product's price has been affected by retaliatory tariffs.

TORONTO — The restructuring process Hudson's Bay kicked off Friday will likely see Canada's oldest company shrink as it works to stay alive.

TORONTO — RBC says it has laid off some employees as part of its "growth strategy.

The parent company of 7-Eleven appears to be warming to a possible sale to Quebec-based convenience store owner Alimentation Couche-Tard. In a letter to shareholders, a special committee convened by Seven & i Holdings Co. Ltd.