National Business

FT SASKATCHEWAN — Dow Inc. says it is delaying construction of a nearly $9 billion net-zero petrochemical project northeast of Edmonton because of expected weak market conditions.

MONTREAL — Tariff angst has forced TFI International Inc. to back off big acquisitions as the trucking industry confronts lower cargo volumes, its CEO said Thursday.

Sales of previously occupied U.S. homes slowed in March, a lackluster start to the spring homebuying season as elevated mortgage rates and rising prices discouraged home shoppers. Existing home sales fell 5.

WINNIPEG — Manitoba's energy regulator has approved higher natural gas prices. The Public Utilities Board says rates for a typical residential customer will rise 12.4 per cent, or about $73 a year, starting May 1.

BANGKOK (AP) — China on Thursday denied any suggestion that it was in active negotiations with the administration of U.S.

STELLARTON — Empire Co. Ltd. says chief executive Michael Medline plans to retire from the company in May 2026.

CALGARY — Whitecap Resources Inc., weeks away from closing a $15-billion combination with fellow western Canadian oil and gas producer Veren Inc., has reported a jump in first-quarter profits, revenues and production.

The chief executive of mining giant Teck Resources Ltd. says the threat of a global economic downturn may be looming, but he's expecting the volatility to drive up demand for the copper and zinc it produces.

TORONTO — Fewer Canadians are considering buying an electric vehicle, marking the third year in a row interest has dropped despite lower EV prices, a survey from AutoTrader shows.

TORONTO — Shipping and logistics company UPS has signed a deal to buy Andlauer Healthcare Group Inc. in a deal that values the company at about $2.2 billion. AHG specializes in transportation and logistics for the health-care sector.