National Business

NEW YORK (AP) — Wall Street’s rally stalled after stocks climbed back within 2% of their all-time high. The S&P 500 slipped 0.3% Wednesday, marking its first drop in four days.

WASHINGTON (AP) — U.S. inflation picked up a bit last month as higher prices for groceries and some imported goods were largely offset by cheaper gas, travel services, and rents. Consumer prices increased 2.

OTTAWA — Prime Minister Mark Carney is tapping Michael Sabia, a veteran of the public and private sector, to head up the Privy Council Office in Ottawa. Sabia's tenure as clerk of the Privy Council and secretary to cabinet will begin July 7.

MONTREAL — The head of a cycling advocacy group says Montreal's public transit strike has spurred record numbers on the city's bike paths.

MONTREAL — Industry Minister Mélanie Joly says the massive funding announced this week for Canada’s defence industry will filter down to all regions of the country, as the federal government looks to jump-start domestic and overseas trade and reduce

TORONTO — Ontario's housing starts for the first quarter of this year were at the lowest levels since 2009, the province's financial accountability officer said in a report Wednesday.

A group of Reitmans Ltd. shareholders have released their second letter in two months urging the apparel retailer to address its stagnating value, saying they want to replace two board directors and end the company's dual-class share structure.

MONTREAL — Quebec's labour minister says he has named a mediator in a labour dispute between Montreal's public transit authority and its maintenance workers that has limited bus and metro service across the city.

British Columbia's transportation minister has raised concerns with BC Ferries about its decision to have a Chinese shipyard build four new ferries for its passenger fleet, amid an ongoing trade conflict between Canada and China.

Tariff tensions don't appear to be weighing on Dollarama Inc. sales yet, but executives at the discount goods retailer are bracing for that to potentially change because consumers are "fragile.