National Business

TORONTO — JP Saxe was ready to roll across North America this fall on his latest concert tour, but those plans are now hanging by a thread as the Grammy-nominated musician confronts sluggish ticket sales and the soaring cost of life on the road.

TORONTO — Spin Master Corp. is starting to feel the weight of tariffs and is bracing for more uncertainty as its key holiday season nears. Executives say the Toronto-based toy maker has seen levies threatened and imposed by the U.S.

HANTSPORT — Glooscap First Nation in Nova Scotia is launching a seafood market with local products caught and processed by its members, as a way to keep profits in the community and help pay for services.

Stocks gave up early gains and closed lower on Wall Street, led by drops in health care companies. The S&P 500 fell 0.4% Thursday. The Dow Jones Industrial Average lost 0.7%, and the Nasdaq composite slipped less than 0.1%.

EDMONTON — An audit of Alberta medical clinics charging membership fees found no significant cases of patients paying out of pocket for covered medical treatment but paying members are likely getting more thorough care.

Some extra cash may be about to land in your bank account. But don't label that third paycheque a bonus, experts warn.

MONTREAL — Bombardier Inc. reported a jump in net income in its second quarter even as it dealt with higher supply chain costs stemming from tariffs.

TORONTO — Hudson’s Bay is set to shave off a sliver of its debt after getting court approval for two lease deals, but is still gearing up for a fight on a third lease agreement later this month.

OTTAWA — Canada's economy contracted for a second straight month in May even as some sectors held up in the face of U.S. tariffs. Real gross domestic product fell 0.1 per cent in May, Statistics Canada said Thursday, matching the decline in April.

TORONTO — Canada Goose Holdings Inc. says its new lines of spring and summer clothing appear to be resonating with consumers, though the company posted a wider net loss in its latest quarter.