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Canadian and U.S. stocks down after Israeli attacks on Iran, price of oil jumps

Canadian and U.S. stocks down after Israeli attacks on Iran, price of oil jumps

TORONTO — Canada's main stock index closed down along with U.S. markets Friday as investors turned cautious following Israeli attacks on Iranian nuclear and military targets.
Defence spending boost can only go so far to lessen U.S. reliance: experts

Defence spending boost can only go so far to lessen U.S. reliance: experts

MONTREAL — In early 2002, Glenn Cowan touched down in Kandahar as part of the first wave of regular Canadian Army troops deployed to Afghanistan, serving in a U.S.-led brigade combat team.
Canadian premiers turn to New England governors for support on Trump tariffs

Canadian premiers turn to New England governors for support on Trump tariffs

FREDERICTON — A group of Canadian premiers appears to be setting high expectations as they pursue negotiations with American governors to mitigate the impacts of United States-imposed tariffs on their economies.
Manufacturing sales in April see biggest monthly drop since 2023 amid U.S. tariffs

Manufacturing sales in April see biggest monthly drop since 2023 amid U.S. tariffs

OTTAWA — Statistics Canada said Friday that manufacturing sales fell 2.8 per cent in April, the largest monthly drop since October 2023, as the tariff dispute with the United States hit the industry. StatCan said manufacturing sales stood at $69.
Air India black box recovered after crash that killed 241 onboard and several others on the ground

Air India black box recovered after crash that killed 241 onboard and several others on the ground

AHMEDABAD, India (AP) — The flight data recorder from the crashed Air India flight was recovered Friday in what likely will lead to clues about the cause of the accident that killed 241 people on the plane and a number of others on the ground.
American weather presenters say coverage of wildfires on the Prairies has intensified

American weather presenters say coverage of wildfires on the Prairies has intensified

EDMONTON — Three American TV weather presenters say their viewers' appetite is soaring for information on the swaths of wildfire smoke drifting in from the Canadian Prairies.
Consumer sentiment rises for 1st time this year as inflation remains tame

Consumer sentiment rises for 1st time this year as inflation remains tame

WASHINGTON (AP) — Consumer sentiment increased in June for the first time in six months, the latest sign that Americans’ views of the economy have improved as inflation has stayed tame and the Trump administration has reached a truce in its trade fig
CN Rail warns of 'catastrophic impacts' as it seeks anti-flood barrier in Jasper park

CN Rail warns of 'catastrophic impacts' as it seeks anti-flood barrier in Jasper park

VANCOUVER — CN Rail warns flooding could have "catastrophic impacts" on cross-country services in legal action it has filed to force Parks Canada to consider a protective barrier for its main line through Jasper National Park.
Ottawa puts latest Canada Post offer up for a vote by union members

Ottawa puts latest Canada Post offer up for a vote by union members

OTTAWA — The federal government is asking unionized Canada Post employees to vote directly on the latest offers from the postal service — a rare intervention in labour negotiations that one expert said could give the employer the "upper hand" in its
Fiery Air India crash kills 241 people aboard, leaving 1 survivor, airline says

Fiery Air India crash kills 241 people aboard, leaving 1 survivor, airline says

AHMEDABAD, India (AP) — An Air India plane bound for London crashed in a residential area of Ahmedabad shortly after takeoff Thursday, killing 241 people on board, the airline said. One passenger who was thrown from the plane survived.
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