National Business

OTTAWA — Canada's national annual inflation rate was 7.0 per cent in August, Statistics Canada says.

OTTAWA — Canada's national annual inflation rate was 7.0 per cent in August, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 6.4 per cent (6.9) — Prince Edward Island: 8.

VANCOUVER — Canfor Corp. is temporarily cutting production in British Columbia due to what it says are challenging market conditions. The lumber producer says it is taking a two-week curtailment starting Sept.

KYIV, Ukraine (AP) — The separatist leaders of four Russian-controlled areas of Ukraine said Tuesday they were planning to hold votes starting later this week for the territories to become part of Russia as Moscow loses ground in the war it launched.

NEW YORK (AP) — Prime Minister Liz Truss has kicked off her first visit to the United States as Britain’s leader with an admission that a U.K-U.S. free trade deal is not going to happen for years.

KYIV, Ukraine (AP) — A Russian missile blasted a crater close to a nuclear power plant in southern Ukraine on Monday, damaging nearby industrial equipment but not hitting its three reactors.

LONDON (AP) — Liz Truss is going from the solemnity of a royal funeral to the maelstrom of international politics, and a crucial meeting with President Joe Biden.

Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,562.38, up 176.50 points) Barrick Gold Corp. (TSX:ABX). Materials. Up 22 cents, or 1.08 per cent, to $20.55 on 17.2 million shares.

Travel agents predict a busy season ahead, saying Canadians are ready to visit top sun destinations after two winters of COVID-19 restrictions kept many at home.

TORONTO — Canada's main stock index closed up Monday on fairly broad-based gains while U.S. stock markets closed higher after choppy trading ahead of Wednesday's Federal Reserve rate decision. The S&P/TSX composite index closed up 176.