National Business

OTTAWA — Canada's national annual inflation rate was 7.6 per cent in July, Statistics Canada says.

OTTAWA — Canada's national annual inflation rate was 7.6 per cent in July, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 6.9 per cent (8.2) — Prince Edward Island: 9.

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in July edged higher compared with June despite a slowdown in urban starts.

TORONTO — Hudson's Bay Co. is teaming up with Mountain Equipment Co. (MEC) to offer the outdoor retailer's goods at three department stores and on its website.

KYIV, Ukraine (AP) — The world's attention on Russia's war in Ukraine on Tuesday turned anew to the Russia-annexed occupied Crimean Peninsula, where a mysterious ammunition storage fire and explosions injuring two people was the second incident in a

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,180.60, up 79 points.) Enbridge Inc. (TSX:ENB). Energy. Down 39 cents, or 0.7 per cent, to $55.16 on 25.4 million shares.

North American markets recovered from their early morning losses Monday to close in positive territory in spite of falling crude oil prices. The energy-heavy S&P/TSX composite index eked out a gain of 79 points to close at 20,180.

TORONTO — The Canadian Securities Administrators (CSA) says crypto trading platforms are now expected to make certain commitments that address investor protections while their registration applications are being reviewed.

CALGARY — Canadian Pacific Railway Ltd. says it has signed a two-year collective agreement with about 3,000 union members.

TORONTO — Shares of Turquoise Hill Resources Ltd. were down more than 10 per cent after the company's special committee of independent directors said an offer by Rio Tinto International Holdings Ltd.