National Business

Hundreds of thousands of people across Ontario were still without power Monday after freezing rain coated swaths of the province with thick layers of ice, with outages expected to last in some areas as storm cleanup continues.

British Columbia's government is fast-tracking the end of its consumer carbon tax ahead of the lifting of the federal equivalent on Tuesday, with Premier David Eby saying consumers should expect immediate price relief at gas pumps.

TORONTO — Canada's main stock index rose Monday, led by strength in energy and industrial stocks as the price of oil climbed, while U.S. markets were mixed as investors closed out a volatile month and nervously eyed impending tariffs.

CALGARY — The Transportation Safety Board says a fiery collision between two Canadian Pacific Kansas City freight trains in British Columbia last year highlights the need for "physical defences" to prevent crashes.

OTTAWA — Liberal Leader Mark Carney promised Monday to get the federal government back into the business of home building, while Pierre Poilievre's Conservatives pitched a national energy corridor to fast-track approval of key infrastructure.

MONTREAL — Bookings on cross-border routes are down significantly across the industry amid Canadians' new-found aversion to U.S. destinations, Air Canada says.

HALIFAX — Two commercial fishers harvesting baby eels under new federal rules say they felt they had to stop fishing on Sunday night when a large group of Indigenous harvesters arrived at the river with nets.

NEW YORK (AP) — President Donald Trump’s fast-approaching “Liberation Day” had stock markets all over the world swinging sharply. The S&P 500 rose 0.6% in another roller-coaster Monday. The S&P lost 4.

WASHINGTON — White House Press Secretary Karoline Leavitt said Monday there will be "no exemptions" to U.S. President Donald Trump’s latest moves to upend global trade this week and it remains unclear just what duties will fall on Canada.

TORONTO — Canada's downtown office vacancy rate marked its first, if slight, improvement since the start of the pandemic, said a report out Monday from CBRE Group Inc. The national vacancy rate for downtown offices dipped to 19.