National Business

OTTAWA — Canada's national annual inflation rate was 2.2 per cent in March, Statistics Canada says.

OTTAWA — Canada's national annual inflation rate was 2.2 per cent in March, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 2.7 per cent (1.2) — Prince Edward Island: 3.

TORONTO — Small business owners and advocates say Ottawa should rethink the eligibility requirements for subsidies after Monday’s federal budget failed to include companies launched shortly before the COVID-19 pandemic or after it began.

LOS ANGELES — The Academy of County Music honours drew a record-low audience, joining other awards shows also finding dwindling viewer interest.

Rogers Communications Inc. is offering wireless customers a credit following a massive nationwide outage.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,040.78, down 163.64 points.) Whitecap Resources Inc. (TSX:WCP). Energy. Down 37 cents, or 6.53 per cent, to $5.

TORONTO — The Canadian Federation of Pensioners is calling for amendments to federal insolvency laws to protect members of defined benefit pensions if the employer is insolvent.

CALGARY — The CEO of Canadian National Railway Co. says his company's bid for Kansas City Southern will create a combined "safer, faster, cleaner and stronger railway" than the one proposed by rival Canadian Pacific Railway Ltd.

TORONTO — Canada's main stock index had its worst day in nearly seven weeks on profit-taking following record highs and investor sentiment being weighed down by high COVID-19 infection rates. The S&P/TSX composite index closed down 163.

TORONTO — A union that represents food and commercial workers says Tuesday decisions by Toronto and its neighbouring Peel Region to temporarily close businesses with COVID-19 outbreaks is a "reactive measure" that doesn't go far enough.