National Business

OTTAWA — The first increase in annual inflation since its June 2022 peak was driven in part by higher mortgage interest costs and higher rent prices, Statistics Canada said Tuesday. Mortgage interest costs were up 28.

VANCOUVER — Everyone who enters a British Columbia casino will soon be required to present government-issued identification, in what the BC Lottery Corporation says is an initiative to support people who have registered for self-exclusion.

OTTAWA — Statistics Canada says manufacturing sales rose 0.7 per cent to $72.3 billion in March, boosted by gains in the motor vehicle, aerospace product and parts, and primary metal industries. The increase followed a drop of 3.

CALGARY — The United Conservative Party says the NDP's economic plan will kill jobs and cause people to flee Alberta.

WASHINGTON — Canada is "extremely concerned" about the potential fate of the Line 5 pipeline, emissaries warned Tuesday in advance of a Wisconsin court hearing that threatens to shut down what they call a vital cross-border oil and gas corridor.

OTTAWA — The annual pace of inflation rose in April for the first time since it peaked in June last year, a move some economists say will test the Bank of Canada's decision to pause hiking interest rates if the economy does not cool as expected later

Ottawa has appointed Mario Péloquin as the new president and CEO of Via Rail Canada Inc., effective June 12. Transport Minister Omar Alghabra says Péloquin will serve a five-year term at the helm of the Crown corporation. Péloquin replaces Martin R.

NEW YORK (AP) — Americans picked up their spending modestly in April, spending money online and dining out, buoyed by a solid job market and a retreat in prices for some things.

SEOUL, SOUTH KOREA — Canada is vying to be the "best of friends" with South Korea, Foreign Affairs Minister Mélanie Joly said Tuesday after launching closer talks on economic security with her counterparts in Seoul.

When Jessica Moorhouse was graduating high school, she thought about taking a gap year before enrolling in post-secondary. Like many teenagers, she was interested in travelling before signing on for another several years of education.