National Business

TORONTO — After a surge in gas prices across Eastern Canada earlier this week, experts say costs at the pump could level off despite the typical high-demand period associated with this time of year.

BRUSSELS (AP) — The guardians of Champagne will let no one take the name of the bubbly beverage in vain, not even a U.S. beer behemoth. For years, Miller High Life has used the “Champagne of Beers” slogan.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Railway earnings Canada's biggest railways will report their first-quarter results this week. Canadian National Railway Co.

WASHINGTON — Prime Minister Justin Trudeau is set to head to New York next week for an international summit championing sustainable development and human rights.

Canadian consumers are pulling back on spending as rising prices and high interest rates appear to be taking a toll on retail sales. Retail sales slipped 0.2 per cent to $66.

The CBC is leaving its Twitter accounts inactive as it evaluates the social media platform's decision to remove the "government-funded media" tag on its accounts.

VANCOUVER — Norway's sovereign wealth fund will vote to support Teck Resources Ltd.'s plan to split the company's metals and steelmaking coal businesses into two separate companies at a key shareholder meeting next week.

SAINT THOMAS, Ont.

VANCOUVER — Canadian outdoor retailer Mountain Equipment Co. has set sweeping new emissions targets for its supply chain, part of what the company is calling a stronger, science-based plan to help address the climate crisis.

OTTAWA — The federal government has approved a contentious container port expansion project at Roberts Bank south of Vancouver, drawing swift condemnation from environmentalists.