National Business

The United Auto Workers union is stepping up pressure on Detroit’s Big Three by threatening to expand its strike unless it sees major progress in contract negotiations by Friday.

TORONTO — Unifor says it has reached a tentative deal with Ford Motor Co. that could avoid workers going on strike. The union says the proposed contract will be brought to members shortly for a vote.

TORONTO — Canada's already lagging trade with India could suffer setbacks as relations become increasingly tense, experts say.

CALGARY — The CEO of Canada's second-largest airline says the global push to decarbonize the aviation sector by 2050 will lead to a major increase in ticket prices unless governments step in to offer support.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,218.89, down 273.94 points): Baytex Energy Corp. (TSX:BTE). Energy. Down 20 cents, or 3.41 per cent, to $5.66 on 11.7 million shares.

TORONTO — Canada's main stock index fell 1.3 per cent Tuesday in a broad-based decline after the latest inflation print came in higher than expected, while U.S. stock markets also moved lower. The S&P/TSX composite index closed down 273.

Instacart delivered in its stock market debut. The grocery delivery company's shares __ priced at $30 per share ahead of the IPO __ hit a peak of $42.95 Tuesday in the first few minutes of trading on the Nasdaq stock exchange.

OTTAWA — Bank of Canada deputy governor Sharon Kozicki says swings in the inflation rate are to be expected after the latest consumer price index report showed inflation climbed in August for the second month in a row.

TORONTO — Amazon.com Inc. says it is ramping up to hire more than 6,000 people across Canada. The Seattle-based e-commerce giant says the new hires will cover full-time, seasonal and part-time roles.

EDMONTON — Severe storms in Alberta and the Prairies this summer resulted in more than $300 million in insured losses, according to initial estimates from the Insurance Bureau of Canada.