National Business

Empire Co. Ltd.'s CEO says the grocer is seeing sales of products from the U.S. "rapidly dropping" as shoppers look to support the Canadian economy and avoid the potential effects of tariffs.

MONTREAL — AtkinsRéalis Group Inc. announced the sale of its remaining stake in Ontario’s 407 toll highway operator in a $2.79-billion deal that caps off the company's push to become a pure-play engineering firm.

Having an investment portfolio chock full of dividend-paying stocks can provide an income boost, but experts say it's possible to have too much of a good thing.

TORONTO — CIBC says its president and chief executive Victor Dodig is set to retire this fall and will be succeeded by Harry Culham, who has led the bank's global capital markets division since 2015.

WASHINGTON (AP) — President Donald Trump on Thursday threatened a 200% tariff on European wine, champagne and spirits if the European Union goes forward with a planned tariff on American whiskey.

NEW YORK (AP) — The U.S. stock market is drifting in early trading, even after getting a double-shot of encouraging news on the economy. The S&P 500 was off 0.

An envoy of U.S.

WASHINGTON (AP) — U.S. wholesale inflation decelerated last month, suggesting that price pressures are easing for now. But the progress may not last as President Trump intensifies his trade wars .

MONTREAL — Travel company Transat A.T. Inc. reported a first-quarter net loss of $122.5 million, compared with a loss of $61 million in the same quarter last year. The company behind Air Transat says the loss amounted to $3.

BRUSSELS (AP) — Belgian federal prosecutors said Thursday they have arrested several individuals as part of a corruption probe linked to the European Parliament amid reports in local media that Chinese company Huawei bribed EU lawmakers.