National Business

SAULT STE. MARIE — Algoma Steel Group Inc. says Canada's steel market is under increasing pressure from weakening prices brought on by tariffs and imports, but that its major retrofit of its furnace system should help with costs ahead.

WASHINGTON (AP) — A closely watched inflation gauge cooled last month in a sign that prices were steadily easing before most of President Donald Trump’s tariffs were implemented .

The clock is ticking down on two deadlines that may determine the fate of Hudson's Bay.

The Canadian economy shrunk in February, but economists say bad weather was likely the larger culprit than uncertainty related to the trade war with the U.S. Statistics Canada said Wednesday that real gross domestic product decreased 0.

WASHINGTON (AP) — American businesses are cancelling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next.

WASHINGTON (AP) — American businesses are cancelling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next.

A new report says Telus Corp. is the most complained-about telecommunications service provider in Canada so far this year, as overall grievances by customers continue to rise in the sector.

TORONTO — Deloitte's latest economic outlook sees the pain of tariffs gathering pace in the months ahead as the short-term boost from companies front-loading activity fades.

BERLIN (AP) — Germany ’s center-left Social Democrats have approved a deal to join a new coalition government, paving the way for parliament to elect conservative leader Friedrich Merz as the country’s new chancellor.

FRANKFURT, Germany (AP) — Europe’s economy grew more strongly in the first three months of the year, only to see hopes for an ongoing recovery quickly squelched by U.S. President Donald Trump’s trade war.