National Business

VANCOUVER — British Columbia's tourism and hospitality sector believes it should receive more than one-third of a $1.5-billion COVID-19 recovery package pledged to the province by the federal government.

VICTORIA — Sustainable funding is on the way for search and rescue groups in British Columbia that are seeing an uptick in calls in the wake of the COVID-19 pandemic.

TORONTO — Coinsquare Ltd. CEO Cole Diamond will step down after securities regulators accused the cryptocurrency company of misleading investors and manipulating the market.

NEW YORK — The CEO of the parent company of Kate Spade, Stuart Weitzman and Coach fashion brands resigned Tuesday citing allegations of misconduct by a woman with whom he had a relationship more than a decade ago. Jide Zeitlin had been Tapestry Inc.

MONTREAL, Ont. — Canadian National Railway Co. has laid off about 4,000 employees from its workforce this year as profits sagged 60 per cent in the second quarter amid fallout from the COVID-19 pandemic.

TORONTO — Canada's main stock index gave up early triple-digit gains on Tuesday as energy remained the sector with strong gains by the end of the trading day. The S&P/TSX composite index closed down 20.70 points at 16,162.96, despite an 8.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,162.96 , down 20.70 points.) Royal Bank of Canada (TSX:RY). Financials. Up 76 cents, or 0.80 per cent, to $95.70 on 10.

NEW YORK — Not only can President Donald Trump's niece Mary sell books, she can draw a crowd on television. Her one-hour interview with Rachel Maddow last Thursday reached 5.

TORONTO — Wattpad Corp. is providing more details about what data hackers might have gotten their hands on during a potential breach of the online storytelling platform.

Retail sales are on pace to recover from the COVID-19 shutdowns after surging nearly 19 per cent in May with even larger gains expected in June, says Statistics Canada. The agency says retail sales increased to $41.