National Business

TORONTO — A Shopify Inc. selloff pulled Canada's main stock index lower while minutes from a recent Federal Reserve meeting calmed U.S. market fears about an impending interest rate hike.

Shopify Inc.'s stock plummeted to the lowest level in nearly two years Wednesday after the e-commerce giant warned that its revenue growth will slow this year as the globe eases up on restrictions meant to quell the COVID-19 pandemic.

TORONTO — Canada's banking industry says it will follow through with the federal government's emergency orders targeting the trucker protesters as discussions on how best to implement them continue.

NEW YORK (AP) — A former top banker at Goldman Sachs testified Wednesday that he and other corrupt executives at the firm built a “house of cards” that was doomed to fall to try to conceal an audacious scheme to ransack a Malaysian state investment f

OTTAWA — The purchasing power of Canadians waned further last month as wages were outpaced by an annual inflation rate that topped five per cent for the first time in more than 30 years. The annual inflation rate rose to 5.

Food prices in Canada are soaring as higher input costs, shipping fees and wages push the food inflation rate to 6.5 per cent — the biggest year-over-year jump in grocery bills in more than a decade.

SALT LAKE CITY (AP) — Kevin Costner, the Academy Award-winning actor-director known for films such as “Dances With Wolves" and the current TV hit “Yellowstone,” is lobbying Utah lawmakers to offer more tax rebates to films that choose to shoot in rur

BILLINGS, Mont. (AP) — Former U.S.

Barrick Gold Corp. is scouting for new exploration opportunities in Asia as part of an ongoing push into prospective territories, the Toronto-based mining company said Wednesday.

OTTAWA — Statistics Canada says manufacturing sales rose 0.7 per cent in December to $64.0 billion, led by a gain in sales of plastic and rubber, motor vehicles and fabricated metal, as well as wood product industries.