National Business

TORONTO — Aecon Group Inc. is reporting a quarterly profit boost of 44 per cent year-over-year, but the big earnings increase failed to match analysts' expectations. The construction contractor says income attributable to shareholders rose to $14.

GUELPH, Ont. — Auto parts manufacturer Linamar Corp., facing heightened risk from U.S. tariffs., says it swung to a loss last quarter from a writedown on its European operations. The Guelph, Ont.-based manufacturer says it lost $232.

VICTORIA — British Columbia cannot continue to accumulate debt and will "be in trouble" if the province doesn't work toward a balanced budget, its finance minister told a group of business people the day after forecasting another record deficit.

TORONTO — Canada's main stock index rose Wednesday, led by base metals, industrials and technology, while U.S. markets also gained in the afternoon after news that automakers will get a month-long tariff exemption, one day after the U.S.

The Canadian Food Inspection Agency says it's seen an increase in complaints about items mislabelled as products of Canada or missing information about their country of origin.

NEW YORK (AP) — U.S. stocks rallied after President Donald Trump pulled back on some of his tariffs, raising hopes he may avoid a worst-case trade war that grinds down economies and sends inflation higher. The S&P 500 rose 1.

HALIFAX — Experts are linking rising gasoline prices in the U.S. northeast to President Donald Trump's tariffs on Canadian energy imports, but they warn the trend may also hurt Atlantic Canada's energy producers.

CALGARY — Beef industry groups say with 25 per cent U.S. tariffs on Canadian goods taking effect, they're looking to diversify their export markets, process more domestically and push for improvements to government support programs.

NHL commissioner Gary Bettman says any negative effects on the Canadian dollar caused by the Trump administration's tariffs could be "painful" for the league.

HALIFAX — Nova Scotia’s premier is hoping to build momentum on freeing up trade within Canada, as the country deals with the economic stress caused by tariffs imposed by U.S. President Donald Trump.