National Business

HALIFAX — For many, summer in the Maritimes would not be complete without fresh lobster. But locals and tourists alike could have to shell out more for the crustaceans as prices reach historic highs. "Our lobsters are gold-plated now.

TORONTO — Downtown Toronto businesses were buzzing with anticipation Saturday as the city's three main sports franchises are welcoming thousands of fans to games for the first time since the start of the pandemic.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (21,874.35, up 39.46 points.) MediPharm Labs Corp. (TSX:LABS). Health care. Unchanged at 14.5 cents on 7.5 million shares.

TORONTO — Canada's main stock index rose in the final trading day of the week as a strong employment report and rising wages increased the likelihood that the Bank of Canada will announce a bigger interest rate hike next week.

After two years of on-and-off lockdowns, Rachel Reinders felt a renewed sense of hope last month as pandemic restrictions eased and spring dawned on the cusp of a new patio season.

WHITEHORSE — Yukon Premier Sandy Silver says he is pleased the latest federal budget is moving to address concerns facing Northern Canada. A statement from the premier says the territory is "happy" the federal Low Carbon Economy Fund will commit $32.

CHARLOTTETOWN — The head of the Prince Edward Island Potato Board says he has mixed feelings about the $28 million earmarked in the new federal budget to help the Island's potato farming sector.

AUSTIN, Texas (AP) — Tesla will build a vehicle dedicated for use as a robotaxi, and it will start making three new vehicles next year, CEO Elon Musk told fans at a party celebrating the opening of a Texas factory.

NEW YORK (AP) — A former Goldman Sachs banker was convicted Friday of bribery and other corruption charges accusing him of participating in a $4.5 billion scheme to ransack the Malaysian state investment fund known as 1MDB.

CAPE CANAVERAL, Fla.