National Business

MONTREAL — With inflation at a nearly 40-year high, Canadians are feeling the financial strain. In a six-part series this summer, The Canadian Press is speaking to people at different stages of life to see where they’re being hit the hardest.

SEOUL, South Korea (AP) — A rural South Korean town is getting roasted over its video ad on garlic that some farmers say stinks of obscenity and has even sexually objectified the agricultural product.

WASHINGTON (AP) — Stephen King didn't break any legal ground on the stand Tuesday as he testified against his own publisher's efforts to merge with Penguin Random House.

VANCOUVER — Finning International Inc. says it earned $271 million in the second quarter of 2022, a 27 per cent increase from the previous year's quarter.

CALGARY — The Calgary Real Estate Board says last month's home sales slipped by three per cent year-over-year as the market continued to experience a slowdown. The region's sales for the month totalled 2,254, down from 2,314 last July.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,505.33, down 187.59 points.) Enbridge Inc. (TSX:ENB). Energy. Down 88 cents, or 1.53 per cent, to $56.63 on 19.7 million shares.

MONTREAL — With bookings riding high, Air Canada aims to further ramp up flight volumes after posting a big revenue boost last quarter that nonetheless failed to fully staunch net losses in the hundreds of millions caused by a "very challenging" three months

Canada's main stock index fell slightly on the Tuesday after the August long weekend, while U.S. markets also closed in the red after an up-and-down day of trading.

HALIFAX — Nova Scotia’s legislature wrapped up a short summer session on Tuesday with the passage of a bill rescinding a recommended 12.6 per cent pay raise for its members.

TORONTO — Members of Unifor Local 100 and National Council 4000 have voted to accept a new three-year deal with Via Rail that will see workers get better wages and greater benefits.