National Business

HALIFAX — The Nova Scotia government has released its long-awaited plan to address the future transportation needs of Atlantic Canada’s largest city and the surrounding area.

NEW YORK (AP) — Wall Street closed higher, led by a rally for Apple. The S&P 500 climbed 0.7% Wednesday. The Dow Jones Industrial Average added 0.2%, and the Nasdaq composite rose 1.2%.

THORNHILL, ONT. — Ontario Premier Doug Ford revealed more details Wednesday about his planned tunnel under Highway 401, even as a feasibility study he's commissioning has yet to get underway.

EDMONTON — Alberta's government is creating fines and rules meant to curb predatory tow truck drivers.

Claire’s Stores Canada Corp. is considering liquidating its shops as it begins seeking reprieve from creditors, including landlords who have locked out the business.

TORONTO — The Greater Toronto Area real estate market saw its hottest July since the pandemic, marking a turnaround from previous months when buyers held back while waiting for the economy to improve.

Suncor Energy Inc. managed to squeeze more oil out of its operations in the second quarter while also completing multiple major projects, but its earnings couldn't escape lower global oil prices. The oilsands producer posted a profit of $1.

TORONTO — Thomson Reuters says its second-quarter net earnings were down from a year ago. The company, which keeps its books in U.S. dollars, reported second-quarter net earnings of US$313 million, down from US$841 million a year ago.

MONTREAL — Air Canada says its Aeroplan loyalty program will change how members earn points next year.

WASHINGTON (AP) — President Donald Trump signed an executive order Wednesday to place an additional 25% tariff on India for its purchases of Russian oil , bringing the combined tariffs imposed by the United States on its ally to 50%.