National Business

WASHINGTON (AP) — More than $200 billion may have been stolen from two large COVID-19 relief initiatives, according to new estimates from a federal watchdog investigating federally funded programs that helped small businesses survive the worst public

NEW YORK (AP) — A New York appeals court dismissed Ivanka Trump on Tuesday from a wide-ranging fraud lawsuit brought against her father and his company last year by the state's attorney general.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,733.09, up 145.77): Toronto-Dominion Bank. (TSX:TD). Finance. Up 77 cents, or 0.97 per cent, to $80.05 on 13.0 million shares.

CALGARY — The systems breach at Suncor Energy Inc. will likely cost the company millions of dollars before it is able to resolve the issue, according to a cybersecurity expert.

Canada's competition watchdog is calling for changes to a common real estate practice used by grocers to limit competition.

Former Ottawa mayor Jim Watson is now a member of the Ottawa Community Housing foundation’s board of directors, the non-profit organization announced Tuesday.

TORONTO — Canada's main stock index rose almost 150 points Tuesday amid broad-based gains after a new report showed inflation slowed in May, while U.S. markets also rose on economic optimism. The S&P/TSX composite index was up 145.

NEW YORK (AP) — Wall Street rallied after a round of reports suggested the economy is in better shape than feared. The S&P 500 rose 1.

Canada's competition watchdog released its much awaited study into the country's retail grocery market on Tuesday, painting a picture of a highly concentrated industry dominated by few players.

OTTAWA — Canada's inflation rate tumbled in May as price shocks caused by the Russian invasion of Ukraine have been mostly absorbed, but economists are still expecting the Bank of Canada to move ahead with another rate hike next month.