National Business

FREDERICTON — Prince Edward Island Premier Dennis King is hoping cooler heads prevail and trade continues to flow uninterrupted across the United States-Canada border after president-elect Donald Trump takes office next week.

WINNIPEG — The Manitoba government is buying apartment buildings and plans to start clearing encampments next month as part of its long-term strategy to reduce homelessness.

TORONTO — Canada's main stock index rose Tuesday, while U.S. markets were mixed after a bumpy day of trading that nevertheless saw most stocks rise even as a few big names dragged. The S&P/TSX composite index closed up 52.26 points at 24,588.58.

NEW YORK (AP) — Most U.S. stocks rose following an encouraging update on inflation, but drops for Eli Lilly and some other influential stocks kept indexes in check. The S&P 500 edged up 0.

Jay Herdman, who joined Cavalry FC last season on loan from the Vancouver Whitecaps’ MLS Next Pro side, has made his move to the Canadian Premier League champions permanent.

TORONTO — Toronto FC has acquired Canadian international winger Theo Corbeanu on loan from Spain's Granada CF. The loan covers the 2025 MLS season with an option to buy the 22-year-old from Hamilton who has won seven caps for Canada.

TORONTO — Automakers in Canada are calling for the end of electric vehicle sales mandates because of the sudden pause of federal EV incentives and what they say is the slow build-out of charging infrastructure.

Government inspectors documented unsanitary conditions at several Boar's Head deli meat plants, not just the factory that was shut down last year after a deadly outbreak of listeria poisoning , federal records show.

MONTREAL — Cogeco Inc. reported a profit attributable to shareholders of $29.8 million, down 13.7 per cent from $34.5 million a year earlier, as it begins a three-year transformation program in its 2025 fiscal year.

Cogeco Inc. says it is set to launch wireless services in Canada in the coming quarters after rolling out cellphone coverage to U.S. customers last year.