National Business

TORONTO — Canada's main stock index closed up more than 175 points, alongside gains in the U.S. markets, ahead of Canadian inflation data due out on Wednesday. The S&P/TSX composite index was up 177.16 points at 18,798.18.

TORONTO — The Criminal Lawyers' Association is calling on the Ontario government to boost the province's legal aid program, saying insufficient funding is leading to more accused being unrepresented and discouraging young lawyers from staying in defe

Grocery chain Metro Inc. said Tuesday it is holding food prices steady as usual this holiday season, a day after one of its biggest rivals rolled out a price-freeze campaign to fight inflation.

NEW YORK — Stocks rose on Wall Street, adding to weekly gains for major indexes that have been mired in a broad slump amid inflation and recession concerns. The S&P 500 rose 1.1% Tuesday. The Dow Jones Industrial Average and the Nasdaq also rose.

TORONTO — Wealthsimple says a key approval from the Bank of Canada gives it direct access to a much faster national payments system that's in the works.

OTTAWA — A new Statistics Canada report says 18 per cent of Canadian businesses were impacted by cybersecurity incidents last year, down from 21 per cent in 2019, as they spent more money to prevent attacks.

TORONTO — Canada's eight biggest banks financed about 1.9 billion tonnes of emissions in 2020, estimates a report out Tuesday by Oxfam groups in Canada that calls on the industry to increase its own emissions disclosure.

NEW YORK (AP) — Amazon workers in upstate New York overwhelmingly rejected a union bid on Tuesday, handing a second defeat to the labor group that’s been attempting to drag the company to the negotiating table since its historic win earlier this year

Young Canadians are facing rising rents and mortgage costs on top of higher grocery and gas bills — and for those on the job hunt, negotiating a higher salary is likely to be front of mind.

SANTA ANA, Calif. (AP) — A pipeline operator has agreed to pay $50 million to thousands of Southern California fishermen, tourism companies and property owners who sued after an offshore oil spill last year near Huntington Beach.