National Business

HALIFAX — The minister responsible for Nova Scotia’s rental property rules says her department won’t crack down on instances of abuse involving fixed-term rent leases because it doesn’t want to affect the housing supply.

NEW YORK (AP) — Most U.S. stocks drifted higher following a mixed set of reports on the U.S. economy. The S&P 500 rose 0.4% Thursday, enough to extend its winning streak to a fourth day and to pull within 3.7% of its record.

Nine restaurants received prestigious Michelin stars in the tastemaker's first foray into Quebec, cementing the province's reputation as a hot spot for culinary creativity.

HALIFAX — Lobster harvesters in Atlantic Canada aren't thrilled with the prices they're getting for their catches, but experts say the recent downturn comes as no surprise due to uncertainty looming over the industry.

TORONTO — The RCMP says a 36-year-old man from Toronto has pleaded guilty to two charges in what the force calls the largest terrorism financing scheme in Canada's history.

HALIFAX — Nova Scotia’s public works minister says the province is getting $170 million from the federal government to assist with housing infrastructure, after a deal was signed last winter.

CALGARY — For more than 65 years, Enbridge Inc.'s Westcoast pipeline has been pumping natural gas through First Nations territories across British Columbia.

The Canadian Real Estate Association says home sales in April fell 9.8 per cent compared with the same month last year, as the national housing market has returned "to the quiet markets we’ve experienced since 2022.

CALGARY — Strathcona Resources Ltd. has signed a series of three agreements to sell its assets in the Montney region valued at a total of $2.84 billion. The company says once the deals are complete it will be a pure-play heavy oil company.

MONTREAL — Nuclear projects fuelled a big surge in revenue at AtkinsRéalis Group Inc. last quarter, paving the way for better financial results in the year ahead, the engineering firm said.