National Business

DUBAI, United Arab Emirates (AP) — Iran tried to seize two oil tankers near the strategic Strait of Hormuz early Wednesday, firing shots at one of them, the U.S. Navy said. It said that in both cases, the Iranian naval vessels backed off after the U.

VANCOUVER — Kit and Ace Technical Apparel Inc. has been bought by a company co-owned by Canadian fashion designer and entrepreneur Joe Mimran. The price paid for the clothing retailer by Unity Brands Inc.

TORONTO — Early signs of wage growth slowing are an indicator the Bank of Canada’s fight against inflation is slowly gaining ground, economists said, but it’s too soon to tell whether Canadians will regain the purchasing power they lost amid sustaine

MONTREAL — Air Canada delayed or cancelled nearly 2,000 flights over the Canada Day long weekend in a potential taste of more trouble ahead for passengers.

TORONTO — Cineplex Inc. says a case launched by the Competition Bureau against the theatre chain over movie ticket fees should be dismissed because it's based on a "mischaracterization.

Canadians' misunderstanding of best before dates could be contributing to excess food waste and, in turn, food insecurity, experts say as a government committee urges Ottawa to examine the issue.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,204.87, up 49.58): Toronto-Dominion Bank. (TSX:TD). Finance. Up $1.23, or 1.50 per cent, to $83.34 on 8.3 million shares.

TORONTO — Gains in energy and battery metals helped lift Canada's main stock index higher Tuesday as the price of oil also rose above US$70 a barrel. The S&P/TSX composite index was up 49.58 points at 20,204.87, while U.S.

CALGARY — After a few years of uncertainty related to the COVID-19 pandemic, officials with the Calgary Stampede say they're happy the advice they'll be handing out this year is to simply wear a cowboy hat and stay hydrated.

CALGARY — The Calgary Real Estate Board says June home sales rose by nearly 11 per cent from a year earlier as the market saw a surge in apartment and condos changing hands.