National Business

NEW YORK (AP) — U.S. stocks are falling Friday following discouraging updates on inflation and how much U.S. households may be willing to spend given all the uncertainty about President Donald Trump's escalating trade war .

OTTAWA — The Canadian economy was off to a solid start in January but early signs suggest growth stalled in February amid harsh winter weather and the looming threat of tariffs. Statistics Canada said Friday that real gross domestic product rose 0.

OTTAWA — Prime Minister Mark Carney says Canada and the U.S. will begin comprehensive negotiations for a "new economic and security relationship" immediately after the Canadian election. Carney and U.S.

HALIFAX — Demand for cottages and recreational properties in Nova Scotia should remain strong despite the doubling of the province’s deed transfer tax, says an executive with a major real estate agency.

OTTAWA — Conservative Leader Pierre Poilievre and NDP Leader Jagmeet Singh are on the campaign trail, proposing ideas on housing and crime as Liberal Leader Mark Carney deals with U.S. President Donald Trump's tariff threats.

WASHINGTON (AP) — Noted economist Arthur Laffer warns in a new analysis that President Donald Trump's 25% tariffs on auto imports could add $4,711 to the cost of a vehicle and says the proposed taxes could weaken the ability of U.S.

REGINA — Saskatchewan Premier Scott Moe is travelling to Europe to promote the province's agricultural, energy and manufacturing industries.

TORONTO — Canada's main stock index was down more than 250 points in late-morning trading on Friday amid broad-based losses, while U.S. stock markets also plunged. The S&P/TSX composite index was down 261.77 points at 24,899.29.

OTTAWA — The federal government posted a budgetary deficit of $26.8 billion for the April-to-January period of its 2024-25 fiscal year. The result compared with a deficit of $25.7 billion for the same period a year earlier.

WASHINGTON (AP) — Inflation picked up last month and consumers barely raised their spending, signs that the economy was already cooling even before most tariffs were imposed.