National Business

NEW YORK (AP) — U.S. stocks drifted to a mixed close in a rare quiet day for financial markets worldwide. The S&P 500 slipped 0.2% Tuesday. The Dow Jones Industrial Average fell 0.4%, and the Nasdaq composite slipped less than 0.1%.

WASHINGTON — Automobile companies that continue to manufacture vehicles in Canada will get an exemption from Ottawa's retaliatory tariffs as U.S. President Donald Trump attempts to upend the North American industry with steep import duties.

WINNIPEG — Manitoba Premier Wab Kinew expressed an openness Tuesday to a potential second port on Hudson Bay as a tool to help ramp up trade with Europe amid trade disputes with the United States.

OTTAWA — A surprise slowdown in inflation last month has turned the Bank of Canada's interest rate decision on Wednesday into a coin toss, with some economists leaning toward a hold and others saying a cut is warranted.

TORONTO — A new guideline for treating obesity in children and adolescents says medication can be helpful, but that health providers should prioritize addressing nutrition, exercise and psychological needs.

The warning is particularly targeted to academics who identify as transgender or "whose research could be seen as being at odds with the position of the current U.S. administration."

The Canadian Real Estate Association downgraded its forecast for home sales this year, while it also reported Tuesday the number of homes that changed hands across the country in March fell 9.3 per cent compared with a year ago.

Groupe Dynamite Inc. says it expects to close about 10 stores that are mostly in Canada this fiscal year, even as it plans to open up to 20 more in the U.S. over the same time frame.

TORONTO — The majority of Ontario's electricity utilities don't study how climate change could threaten parts of the power grid, a survey found as the province eyes changes that would require them to assess their vulnerability to extreme weather and

TORONTO — CIBC has become a founding partner of the WNBA-expansion Toronto Tempo. CIBC will become the basketball team's official bank and appear on team jerseys when the Tempo begin play in 2026.