National Business

TORONTO — Bank of Nova Scotia will pay about US$127.4 million to settle a U.S.

OTTAWA — The annual pace of inflation stayed largely grounded for July at 0.1 per cent, held down by the first drop in air travel prices in almost five years, Statistics Canada said Wednesday. The reading was down from a year-over-year increase of 0.

CALGARY — New record high prices for lumber and wood panel products thanks to continuing robust demand from renovation and new home markets are driving stock prices higher for Canadian producers. Five of the largest producers — West Fraser Timber Co.

TORONTO — Walking through Toronto's Pearson International Airport every week with his mask and grey duffel bag, Gilad Levy could easily be mistaken for a passenger. But Levy doesn't have a plane ticket and he's not carrying a change of clothes.

MISSISSAUGA, Ont. — Maple Leaf Foods Inc. says it has temporarily suspended pork exports to China after a few dozen workers at one of its plants tested positive for COVID-19. The Mississauga, Ont.

Home improvement retailer Lowe's Cos. became the latest big box retailer to report surging sales during the fiscal second quarter as Americans are finding more ways to improve their home during the pandemic. Comparable store sales in the U.S.

NEW YORK — Angel Dougherty went to the mall last month — not to shop, but to watch a drive-in drag show in the parking lot.

OTTAWA — Canada's national annual inflation rate was 0.1 per cent in July, Statistics Canada says.

OTTAWA — Canada's national annual inflation rate was 0.1 per cent in July, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: -0.4 per cent (0.1) — Prince Edward Island: -0.

MINNEAPOLIS — Gov. Tim Walz's administration said Tuesday it will appeal the latest approvals by state utility regulators for Enbridge Energy's plan to replace its old and corroding Line 3 crude oil pipeline across northern Minnesota.