National Business

ARLINGTON, Va. (AP) — The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth, and the Federal Reserve will focus on keeping price increases temporary, Fed Chair Jerome Powell said Friday.

NEW YORK (AP) — Stock markets worldwide are careening even lower Friday after China matched President Donald Trump’s big raise in tariffs in an escalating trade war . Not even a better-than-expected report on the U.S.

TORONTO — Canadian and U.S. stock markets continue to be roiled by U.S. President Donald Trump's tariff plans as they plunged for a second day Friday.

CALGARY — Alberta Premier Danielle Smith says she doesn't want to be "exuberant about dodging the bullet" with U.S.

TORONTO — Rogers Communications Inc. has revealed that a group led by U.S. investment management company Blackstone Inc. is the buyer in its proposed $7 billion sale of a minority stake in a portion of its wireless network infrastructure.

Ontario Premier Doug Ford is set to visit some areas affected by prolonged power outages after a powerful ice storm hit central and northern parts of the province last weekend.

Experts say U.S. tariffs on Canadian auto imports will drive prices higher for both new and used cars.

OTTAWA — The economy shed 33,000 jobs in March, the biggest loss since January 2022, while the unemployment rate ticked higher, Statistics Canada said Friday. The agency said the unemployment rate for March rose to 6.7 per cent compared with 6.

OTTAWA — The national unemployment rate was 6.7 per cent in March. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.

OTTAWA — Canada's national unemployment rate was 6.7 per cent in March. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10 per cent (10.5) _ Prince Edward Island 7.