National Business

TORONTO — Three in four Canadians who don't own a property say buying a home feels out of reach, a new poll shows.

A lawyer for one of three men on trial for their roles in the border blockade at Coutts, Alta., argued Thursday his client was nothing more than a messenger.

NEW YORK (AP) — Jumps for Big Tech stocks helped U.S. stock indexes claw back much of their slide from the day before, when worries that interest rates may stay high for a while rocked Wall Street. The S&P 500 rose 0.7% Thursday.

Loblaw Cos. Ltd. is launching low-cost cellphone plans under its No Name brand, offering prepaid mobile sim cards for purchase at all No Frills locations across the country within the coming weeks.

TORONTO — Royal Bank of Canada faced a steady stream of questions about the bank's climate and Indigenous rights track record at its annual general meeting Thursday.

VICTORIA — British Columbia is proposing legal changes that would allow the government to regulate the supply of electricity to cryptocurrency miners.

WASHINGTON (AP) — Fewer Americans applied for jobless benefits last week as the labor market continues to thrive despite the Federal Reserve's efforts to cool it.

WASHINGTON (AP) — In a move that environmentalists called a betrayal, the Biden administration has approved construction of a deepwater oil export terminal off the Texas coast that would be the largest of its kind in the United States.

TORONTO — Postmedia Network Canada Corp. reported a net loss of $20.1 million in its latest quarter compared with a loss of $20.8 million a year earlier as its revenue fell 13 per cent.

VANCOUVER — Magna International Inc. has signed a strategic partnership with Sanctuary AI for the development of general purpose AI robots for use in the company's manufacturing operations.