National Business

CALGARY — It's three floors down and nowhere to go but up for the new $900-million arena for the NHL’s Calgary Flames, even with the ongoing tariff war with the United States.

WINNIPEG — Manitoba will soon have more energy for itself and other Canadian jurisdictions after two hydroelectric contracts with a Minnesota utility expire at the end of this month, Premier Wab Kinew said Monday.

NEW YORK (AP) — Stocks rose worldwide Monday after President Donald Trump relaxed some of his tariffs , for now at least, and as stress from within the U.S. bond market seems to be easing. The S&P 500 climbed 0.

News of relaxed U.S. tariffs on smartphones and other electronics helped propel gains on Canadian and U.S. stock markets on Monday after last week's dizzying ups and downs.

TANGIER — A man from Nova Scotia's Millbrook First Nation faces charges of assaulting and obstructing a fishery officer.

CHARLOTTETOWN — Representatives of Prince Edward Island's tourism industry say Ottawa's decision to cap international student permits will lead to labour shortages in the sector.

WASHINGTON (AP) — President Donald Trump on Monday suggested that he might temporarily exempt the auto industry from tariffs he previously imposed on the sector, to give carmakers time to adjust their supply chains.

FREDERICTON — New Brunswick Premier Susan Holt announced on Monday a comprehensive review of the province’s debt-laden electric utility.

WASHINGTON (AP) — A historic antitrust trial began Monday for Meta Platforms Inc.

CALGARY — A survey from insolvency firm MNP Ltd. suggests Canadians' outlook for their personal finances has brightened even as they've taken steps to cut their expenses amid economic turmoil.