National Business

EDMONTON — As the tariff war with the U.S. continued its twists and turns Thursday, Alberta Premier Danielle Smith made the rounds of U.S. TV networks reminding Americans that Canada has to look out for itself in the fight.

TORONTO — If the U.S.'s tariffs are fully implemented and not withdrawn, the auto sector would "shut down," said Rob Wildeboer, executive chairman and co-founder of auto supplier Martinrea International Inc.

NEW YORK (AP) — Walgreens Boots Alliance says it has agreed to be acquired by private equity firm Sycamore Partners as the struggling retailer looks to turn itself around after years of losing money.

REGINA — Some Saskatchewan liquor stores are selling off their remaining bottles of American booze and restaurants are rethinking their menus, after the province said it would stop buying U.S.

NEW YORK (AP) — Wall Street’s sell-off kicked back into gear on Thursday, and a U.S. stock market rattled by the whiplash created by President Donald Trump’s tariffs and uncertainty about the economy fell sharply. The S&P 500 tumbled 1.

HALIFAX — Two of Nova Scotia’s largest retailers have signed on to a provincial program aimed at making it easier for shoppers to identify locally produced products amid the ongoing trade war with the United States.

CALGARY — South Bow Corp., the oil pipeline operator spun off from TC Energy Corp. last year, says its marketing segment, which provides transportation, storage and logistics services, could come under pressure if a 10 per cent tariff on U.S.

TORONTO — Canada's main stock index fell almost 300 points Thursday, while U.S. stock markets were also down, as the uncertainty around U.S. tariffs on goods from Canada and Mexico mounted. The S&P/TSX composite index closed down 286.

TORONTO — Canadian Tire Corp. Ltd. is rolling out a new strategy that will see it invest $2 billion over four years to restructure the company for growth but will also mean the closure of some stores.

CALGARY — The chief executive of fuel refiner and retailer Parkland Inc., which is considering putting itself up for sale, says U.S. tariffs are having a "neutral" impact on the business.