National Business

TORONTO — Canada's main stock index rose in the final trading day of the week as a strong employment report and rising wages increased the likelihood that the Bank of Canada will announce a bigger interest rate hike next week.

After two years of on-and-off lockdowns, Rachel Reinders felt a renewed sense of hope last month as pandemic restrictions eased and spring dawned on the cusp of a new patio season.

WHITEHORSE — Yukon Premier Sandy Silver says he is pleased the latest federal budget is moving to address concerns facing Northern Canada. A statement from the premier says the territory is "happy" the federal Low Carbon Economy Fund will commit $32.

CHARLOTTETOWN — The head of the Prince Edward Island Potato Board says he has mixed feelings about the $28 million earmarked in the new federal budget to help the Island's potato farming sector.

AUSTIN, Texas (AP) — Tesla will build a vehicle dedicated for use as a robotaxi, and it will start making three new vehicles next year, CEO Elon Musk told fans at a party celebrating the opening of a Texas factory.

NEW YORK (AP) — A former Goldman Sachs banker was convicted Friday of bribery and other corruption charges accusing him of participating in a $4.5 billion scheme to ransack the Malaysian state investment fund known as 1MDB.

CAPE CANAVERAL, Fla.

GATINEAU, Que.

TORONTO — Amazon is raising the price of its Prime membership in Canada.

OTTAWA — The national unemployment rate was 5.3 per cent in March. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.