National Business

OTTAWA — Former Liberal foreign affairs minister Lloyd Axworthy is accusing Prime Minister Mark Carney of taking a "bootlicking" approach to U.S. President Donald Trump at the expense of Canadian values.

Microsoft is laying off thousands of workers, its second mass layoff in months and its largest in more than two years. The tech giant began sending out layoff notices Wednesday that hit the company's Xbox video game business and other divisions.

Del Monte Foods, the 139-year-old company best known for its canned fruits and vegetables, is filing for bankruptcy protection as U.S. consumers increasingly bypass its products for healthier or cheaper options. Del Monte has secured $912.

WASHINGTON (AP) — President Donald Trump announced a trade deal with Vietnam Wednesday that would allow U.S. goods to enter the country duty-free. Vietnamese exports to the United States, by contrast, would face a 20% levy.

TORONTO — Rogers Communications Inc. has closed its deal to buy BCE Inc.’s 37.5 per cent stake in Maple Leaf Sports & Entertainment to become the majority owner of the company.

FREDERICTON — Immigration is driving New Brunswick’s fastest population growth since the 1970s. A new economic report says the province's population was 854,355 on July 1, 2024, a rise of 2.7 per cent compared with the previous 12 months.

OTTAWA — Companies that paid the now-defunct digital services tax will have to wait for Ottawa to pass new legislation before they can get their refund, the Canada Revenue Agency has confirmed.

WINNIPEG — The former head of Manitoba Hydro was paid just over $881,000 last year, despite being dismissed six weeks into the year. Jay Grewal's earnings in previous years, where she had worked a full year, ranged from $500,000 to $546,000.

TORONTO — CBRE Ltd. says leasing trends for warehouses and other industrial properties are showing signs of business stress.

NEW YORK (AP) — Sales of Tesla electric cars fell sharply in the last three months as boycotts over Elon Musk's political views continue to keep buyers away, a significant development given expectations that anger with the company's billionaire CEO w