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National Business
National Business
Vancouver home sales rise in November as newly listed properties add to supply
VANCOUVER — The Real Estate Board of Greater Vancouversays home sales ticked up last month as the continued increase of newly listed properties has given prospective homebuyers in the region among the largest selection to choose from since 2021.
Dec 4, 2023 1:33 PM
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Canada Life signs residential mortgage partnership with Nesto
WINNIPEG — Canada Life has signed a partnership deal with online mortgage company Nesto that will see the company take over the service and administration of the insurer's residential mortgage customers starting in January.
Dec 4, 2023 12:45 PM
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November new car sales see biggest monthly gain so far this year: DesRosiers
TORONTO — DesRosiers Automotive Consultants Inc. says new car sales in November soared 20.7 per cent compared with last year, as vehicle supply improves.
Dec 4, 2023 11:01 AM
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Payment technology firm Nuvei signs partnership deal with Microsoft
MONTREAL — Payment technology company Nuvei Corp. has signed a partnership agreement with Microsoft Corp. Financial terms were not immediately available.
Dec 4, 2023 10:27 AM
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Brookfield-led bid for Origin Energy fails to win required shareholder support
TORONTO — Brookfield Asset Management Ltd. says its deal for Australia's Origin Energy Ltd. has failed to achieve the required shareholder support.
Dec 4, 2023 8:56 AM
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Russel Metals buying seven service centres from Samuel, Son & Co. Ltd. for $225M
TORONTO — `Russel Metals Inc. has signed a deal to buy seven service centre locations from Samuel, Son & Co. Ltd. for about $225 million. The agreement covers five locations in Western Canada and two in the United States.
Dec 4, 2023 8:50 AM
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Spotify axes 17% of workforce in third round of layoffs this year
LONDON (AP) — Spotify says it's axing 17% of its global workforce, the music streaming service's third round of layoffs this year as it moves to slash costs while focusing on becoming profitable.
Dec 4, 2023 8:23 AM
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Canada's telecom sector awaiting key regulatory decisions after transformative year
Canada's telecom sector faced a significant shakeup in 2023 after Industry Minister François-Philippe Champagne handed down a mandate requiring the CRTC to prioritize consumer rights, affordability, competition and universal access.
Dec 4, 2023 4:00 AM
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Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
SEATTLE (AP) — Alaska Airlines said Sunday it agreed to buy Hawaiian Airlines in a $1.9 billion deal, including debt, putting it on track for a potential clash with a Biden administration that has shown wariness about higher fares in the industry .
Dec 3, 2023 4:53 PM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Home sales Home sales numbers for Canada's biggest, and most expensive, cities are expected to come this week.
Dec 3, 2023 8:00 AM
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