National Business

NEW YORK (AP) — Stocks drifted higher Monday as momentum slowed on Wall Street following a powerful rally to start the year. The S&P 500 edged up 0.1%, rising to its highest level since April 2022. The Dow rose less than 0.1%.

MONTREAL — Kathy Fox still remembers the looks on the faces of the grieving family members on the morning in August 2014, as she tried to explain how the Lac-Mégantic rail disaster had happened.

OTTAWA — As Canadians grow more concerned about rising inflation, competition across different sectors of the economy has become a "kitchen-table issue" at a time when the federal government is reviewing its competition law.

VANCOUVER — The union representing thousands of striking British Columbia port workers is asking the federal government to not interfere after business groups called for back-to-work legislation.

KELOWNA — Emergency crews in Kelowna, B.C., say they're still working to contain a wildfire on Knox Mountain that spurred an evacuation of area residents on Canada Day.

MONTREAL — Nearly 200 Quebec households have been forced to find temporary shelter after failing to find a new place to live on the province's annual moving day, the provincial housing agency said Saturday.

TORONTO — The construction industry is short tens of thousands of workers, and experts say a coming wave of retirements could make the problem worse even as Canada is millions of homes behind what's needed to reach housing affordability this decade.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Markets closed Canadian markets are closed Monday this year because Canada Day lands on the Saturday. U.S.

MONTREAL — For six years, the City of Montreal has been sitting on a vast piece of land that could help relieve a housing shortage, but private developers, whom the city needs to realize its vision for an affordable "eco neighbourhood," have so far e

AMSTERDAM (AP) — Dutch King Willem-Alexander apologized Saturday for his country's role in slavery and asked for forgiveness in a historic speech greeted by cheers and whoops at an event to commemorate the anniversary of the abolition of slavery.