National Business

Canada's main stock index climbed higher on Wednesday and U.S. stock markets closed out the trading day mixed as investors digested an uncertain interest rate outlook south of the border. The S&P/TSX composite index was up 18.46 points at 26,559.

OTTAWA — Ottawa is under pressure to pause digital services tax legislation that directs large tech companies to make a big retroactive payment by June 30. Canadian and U.S. business groups, organizations representing U.S.

MONTREAL — Montreal's main bicycle rental company says its users smashed records during the recent public transit strike, travelling the equivalent of more than 50 times around the Earth.

OTTAWA — Bank of Canada governor Tiff Macklem is encouraging businesses to explore export markets beyond the United States to make the economy less vulnerable to current and future trade disputes. Speaking to a business crowd in coastal St.

NEW YORK (AP) — U.S. stocks drifted after the Federal Reserve indicated it may cut interest rates twice this year, though it’s far from certain about that. The S&P 500 ended basically flat Wednesday. The Dow Jones Industrial Average slipped 0.

Ruby Liu may have lost out on owning Hudson’s Bay’s name and all its trademarks, but she's not bitter because she’s got designs on her own retail empire. The B.C.

A new survey finds less support among Canadians for the privatization of Canada Post, but many are open to large-scale changes amid labour strife between the Crown corporation and its union.

TORONTO — New data on the explosive growth of women's sport in Canada underscores its rising popularity, but also reveals that its structural supports still lag behind.

MONTREAL — The Quebec government is temporarily banning the transportation of some wild animal species in nearly 100 municipalities located close to areas where raccoon rabies has been detected. The ban is in force until Aug.

VANCOUVER — The Vancouver-based apparel company Lululemon Athletica Inc. is cutting about 150 corporate jobs as part of changes to its organizational structure. The retailer said Wednesday the affected employees are part of its store support centres.