National Business

NEW YORK (AP) — Wall Street is drifting lower in early trading as pressure from the bond market continues to build. The S&P 500 was down 0.5% early Monday. The Dow lost 171 points, and the Nasdaq composite was off 0.6%.

MONTREAL — Many Canadian homeowners are facing sticker shock with their monthly payments as their mortgage comes up for renewal, leaving them with a crucial choice: whether to renew or refinance their home loan.

MONTREAL — Business groups urged the federal government to intervene to void a lengthy labour dispute at the St. Lawrence Seaway amid concerns that a strike that began early Sunday could have a profound affect on their members. The St.

OTTAWA — The Bank of Canada is widely expected to hold its key interest rate steady on Wednesday as the Canadian economy bends to higher interest rates and inflation resumes its downward trend.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Oilpatch earnings PrairieSky Royalty Ltd.

TORONTO — Canada's electric vehicle market keeps getting bigger, but that's not necessarily good news for consumers — or the environment.

HALIFAX — They call themselves the "Dahn lab" graduates, and they're powering an unlikely, Halifax-based research hub for batteries designed to replace fossil fuels.

MONTREAL — The St. Lawrence Seaway has shut down as hundreds of workers walked off the job Sunday. The halt is expected to affect cargo shipments immediately along the artery that runs between Montreal and Lake Erie.

MONTREAL — The organization employing workers at the St. Lawrence Seaway says there has been little progress in labour negotiations with a major union just hours before workers are poised to walk off the job.

DETROIT (AP) — United Auto Workers President Shawn Fain said Friday that while Detroit’s automakers have increased their wage and benefit offers, he believes the union can gain more if it holds out longer in contract talks.