National Business

PARIS (AP) — In Paris' outskirts, a bright-eyed young girl is eager for the Olympic and Paralympic Games to end. That's because the swimming club where 10-year-old Lyla Kebbi trains will inherit an Olympic pool.

CALGARY — A natural gas pipeline owned by TC Energy Corp. ruptured near Edson, Alta., on Tuesday, sparking a wildfire. The Calgary-based pipeline operator confirmed the rupture in a statement late Tuesday afternoon.

VICTORIA — British Columbia's construction industry says its workforce numbers have improved in recent years, but persistent labour shortages are putting "extreme pressures" on employers.

VANCOUVER — Unifor says it's temporarily withdrawing its applications to represent workers at two Vancouver-area Amazon facilities, accusing the e-commerce giant of providing a “suspiciously high” employee count.

VANCOUVER — Western Forest Products Inc. says it's indefinitely curtailing operations at its Alberni Pacific Division facility. The Vancouver-based company says the facility has been temporarily curtailed since the fall of 2022.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,642.87, down 97.33 points): Toronto-Dominion Bank. (TSX:TD). Finance. Down 37 cents, or 0.48 per cent, to $77.57 on 13.

Restaurant price inflation has been outpacing grocery inflation for months, a sign that business owners continue to grapple with higher costs, said Restaurants Canada.

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell cautioned Tuesday that persistently elevated inflation will likely delay any Fed interest rate cuts until later this year, opening the door to a period of higher-for-longer rates.

NEW YORK (AP) — Arenas are full, the NHL is a fixture on TV screens across North America, highlight-reel goals are talking points on a near-daily basis and “The Pat McAfee Show” even has a segment called “Hockey is Awesome.

WASHINGTON (AP) — The International Monetary Fund has upgraded its outlook for the global economy this year, saying the world appears headed for a “soft landing” — reining in inflation without much economic pain and producing steady if modest growth.