National Business

TORONTO — B.C. billionaire Ruby Liu and her bid to buy up to 25 Hudson’s Bay leases was due to come under further scrutiny in court Tuesday — but the battle was waylaid when she showed up with no lawyer or materials to aid in making her case.

EDMONTON — The husband of a former Alberta premier is questioning why Premier Danielle Smith invited her husband to sit in on government meetings.

WINNIPEG — The company that owns a rail line and port in northern Manitoba has increased its capacity to transport goods, as governments eye potential growth in trade through Hudson Bay to overseas markets.

For the second time this year, the Canadian Real Estate Association has downgraded its forecast for home sales in 2025, even as it says a turnaround could be looming following increased activity in June.

NEW YORK (AP) — Most U.S. stocks fell after an update on inflation hurt Wall Street’s hopes for lower interest rates. The S&P 500 fell 0.4% Tuesday, and the Dow Jones Industrial Average lost 1%.

As Canadians increasingly turn to AI chatbots for help with everyday tasks like meal planning, workout routines and even mapping out vacation itineraries, some are also using it to help manage their money.

WASHINGTON (AP) — Inflation rose last month to its highest level since February as President Donald Trump's sweeping tariffs push up the cost of everything from groceries and clothes to furniture and appliances. Consumer prices rose 2.

OTTAWA — Underlying inflation remained stubbornly hot in June, leading financial markets and many economists to firm up calls for a third straight interest rate hold from the Bank of Canada later this month.

OTTAWA — A trade deal with the United States will likely include some tariffs, Prime Minister Mark Carney indicated on Tuesday ahead of a meeting with his cabinet. Carney told reporters he expects the trade talks with the U.S.

GATINEAU — Canada's telecommunications regulator is launching a consultation aimed at improving the national public alerting system that is used to warn Canadians about emergency situations such as severe weather and other concerns to public safety.