National Business

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in June fell nine per cent compared with May.

NEW YORK (AP) — Shoppers paused their spending in June from May, defying economic forecasts for a pullback and proving their resilience in the face of an uncertain economy Retail sales were unchanged in June from May, after being revised upward to a

OTTAWA — Statistics Canada says airfares rose two per cent year-over-year in June, and continued to soar above pre-pandemic levels. Figures from the consumer price index show the increase follows a 4.

Economists say an unexpected dip in the national inflation rate bodes well for the prospects of the Bank of Canada making a second straight cut to its benchmark interest rate when it meets later this month. Canada's annual inflation rate fell to 2.

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WASHINGTON (AP) — The International Monetary Fund on Tuesday upgraded its economic outlook this year for China, India and Europe while modestly lowering expectations for the United States and Japan.

MONTREAL — Canadian grocery company Empire is expanding its partnership with a Montreal-based app dedicated to mitigating food waste.

North American stock markets continued their winning streak Monday, as investors' growing confidence that former U.S. President Donald Trump may be heading back to the White House translated to fresh gains. The S&P/TSX composite index was up 78.

VICTORIA — Plastic shopping bags and other single-use products are no longer available at British Columbia stores as the government implements the latest step in its plan to phaseout certain plastic items and keep harmful chemicals out of landfills.

EDMONTON — A major oilsands producer has been fined after hundreds of birds, wolves and coyotes were exposed to toxins at one of its tailings ponds. The Alberta Energy Regulator has assessed a fine of $278,000 against Canadian Natural Resources Ltd.