National Business

OTTAWA — Canada's unemployment rate ticked up in May for the first time in nine months, but forecasters say the Bank of Canada will have to see more softening in the economy before it takes it takes a step back from raising interest rates.

OTTAWA — A quick look at Canada's May employment (numbers from the previous month in brackets): Unemployment rate: 5.2 per cent (5.0) Employment rate: 62.1 per cent (62.4) Participation rate: 65.5 per cent (65.

OTTAWA — The national unemployment rate was 5.2 per cent in May. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.

OTTAWA — Canada's national unemployment rate was 5.2 per cent in May. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10.2 per cent (10.1) _ Prince Edward Island 7.

DETROIT (AP) — Electric vehicles made by General Motors will be able to use much of Tesla's extensive charging network beginning early next year.

TORONTO — Brookfield Asset Management Ltd., together with Brookfield Business Partners, has signed a deal to buy payment processing firm Network International Holdings for about $3.7 billion in cash.

From Revelstoke to Fernie, Golden to Kimberley, the communities that make up the Kootenays region of southeast B.C. have long been meccas for wilderness lovers.

NEW YORK (AP) — Stocks are off to another mixed start on Wall Street as more gains for Big Tech companies offset weakness elsewhere in the market. The S&P 500 was up 0.3% in the early going Friday, on track for its fourth weekly gain in a row.

Raging wildfires and smoky skies across much of Canada have put a damper on travel this summer, resulting in cancelled plans and closed businesses.

OTTAWA — After announcing a rate hike this week, Bank of Canada deputy governor Paul Beaudry says the central bank plans to take future interest rate decisions one at a time.