National Business

TORONTO — DesRosiers Automotive Consultants says June vehicle sales were up from a year earlier but still showed declining momentum. The consultancy says it estimates there were 178,000 light vehicle sales in the month, up 5.

CALGARY — Trican Well Service Ltd. has signed a deal to buy Iron Horse Energy Services, a privately owned oilfield services provider. Under the deal, the company will pay $77.35 million in cash and 33.

CALGARY — Tidewater Midstream and Infrastructure Ltd. has signed a deal to sell its Sylvan Lake gas processing facility to Parallax Energy Operating Inc. for $5.5 million. The company says the facility is a non-core asset located in central Alberta.

PONOKA, ALBERTA — It was August 1983 at the Hand Hills Lake Stampede and Les McIntyre had just fallen out of his chuckwagon.

Fewer Americans applied for unemployment benefits last week as layoffs in the U.S. remain low despite uncertainty about how tariffs will impact the economy.

Bunge announced its successful merger with Viterra Limited, forming what they anticipate will be a leading global agribusiness company specializing in food, feed, and fuel. This US$8.

ST. JOHN'S — Despite a lagging market for green hydrogen, the Newfoundland and Labrador government says it still plans to collect royalties from the province's nascent renewable energy industry.

NEW YORK (AP) — Sales of Tesla electric cars fell sharply in the last three months as boycotts over Elon Musk's political views continue to keep buyers away.

TORONTO — Canada's main stock index finished slightly higher on Wednesday, driven partly by gains in the consumer cyclicals sector, while U.S. stock markets were mixed. The S&P/TSX composite index was up 12.55 points at 26,869.66.

The British Columbia government is loosening the rules for payment of development fees in a bid to jump start home construction that has been hampered by upfront costs.