National Business

The popularity of exchange-traded funds often triumphs over old-school mutual funds among social media-savvy investors. But experts say they both have their place in the financial system.

VICTORIA — The British Columbia government is boosting a tax credit to help developers of video games such as Electronic Arts hire additional staff and invest money locally.

DUBAI, United Arab Emirates (AP) — A Liberian-flagged cargo ship came under fire from Houthi rebels Monday in the Red Sea, with two on board reported to be hurt and two others missing in an assault a day after the Yemen-based rebels sunk another vess

TORONTO — Canada's main stock index finished lower, driven partly by weakness in real estate stocks, as U.S. markets fell. The S&P/TSX composite index was down 15.88 points at 27,020.28.

HALIFAX — Nova Scotia’s NDP says the provincial government's failure to address the cost of living has made affordability in Halifax comparable to that in Toronto, and the party is calling for urgent action.

FREDERICTON — The owner of a New Brunswick vodka distillery says he anticipates competition to get tougher as the provincial government pursues new rules to remove trade barriers with the rest of Canada.

CALGARY — Alberta plans to hold public consultations this fall on adding nuclear power to the province's energy mix, Premier Danielle Smith said Monday.

WASHINGTON (AP) — President Donald Trump on Monday set a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on Malaysia, Kazakhstan, South Africa, Laos and Myanmar, all of which would go into effect on Aug. 1.

OTTAWA — The Conference Board of Canada expects wage hikes will pick up speed in the coming years as the pace of population growth slows down.

Stocks fell on Wall Street as the Trump administration stepped up pressure on trading partners to make deals before punishing tariffs imposed by the U.S. take effect. The S&P 500 lost 0.8% Monday. The Dow Jones Industrial Average gave back 0.