National Business

OTTAWA — Economists are forecasting inflation slowed further in May, which would be welcome progress for the Bank of Canada after it cut its key lending rate for the first time in four years.

CHURCHILL FALLS, N.L. — Officials in central Labrador say the wildfire threatening the evacuated town of Churchill Falls remained stable Saturday, but there was no sign of significant rainfall in the forecast until Tuesday night.

The oil and gas industry is taking a risk in its response to new greenwashing rules, communications experts say, but they add the opinions of Canadians are already so divided that the actions may have little effect.

MEXICO CITY (AP) — U.S. government inspections of avocados and mangoes in the Mexican state of Michoacan will gradually resume, U.S. Ambassador Ken Salazar announced Friday, a week after they were suspended over an assault on inspectors. The U.S.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (21,554.86, down 26.49 points): Cenovus Energy Inc. (TSX:CVE). Energy. Down 17 cents, or 0.7 per cent, to $25.58 on 46.8 million shares.

CALGARY — Calgary Mayor Jyoti Gondek has promised a wide-ranging examination of the city's underground infrastructure as it enters its third week of water use restrictions after a catastrophic pipeline break.

TORONTO — Canada's main stock index closed lower Friday, weighed down by losses in base metal stocks, while U.S. stock markets were mixed.

TORONTO — The Ontario Science Centre was abruptly and permanently closed in its current east Toronto location on Friday, after government officials announced that engineers had found structural issues with the roof of the 55-year-old facility.

NEW YORK (AP) — U.S. stocks drifted to a quiet close of the week, as Nvidia’s stock continued to cool from its startling, supernova run. The S&P 500 slipped 0.2% Friday, though it’s still near the all-time high it set on Tuesday.

NEW YORK (AP) — Car dealerships across North America have faced major disruptions this week. CDK Global, a company that provides software for thousands of auto dealers in the U.S. and Canada, was hit by back-to-back cyberattacks on Wednesday.