National Business

TORONTO — Consumers in Ontario and British Columbia increasingly missed payments on mortgages and credit cards in the fourth quarter of 2023, Equifax Canada said.

TORONTO — Greater Toronto home sales and listings were up in February from last year, but adjusted sales were down from a month earlier, the region's real estate board said Tuesday. Sales were up 17.

OTTAWA — Women in corporate leadership still face barriers, with significant gaps in business ownership, representation and compensation, said the Canadian Chamber of Commerce.

MARKHAM, Ont. — Pet Valu Holdings Ltd. raised its quarterly dividend by 10 per cent as it reported its fourth-quarter profit and sales rose compared with a year ago.

Critical to building a credit history, credit cards are a rite of passage into financial adulthood. Even if you’re debt-phobic or have heard too many horror stories of people maxing out their cards, you can’t skip this step.

TORONTO — Visa has named Michiel Wielhouwer as the new president and country manager for Visa Canada. He will succeed Stacey Madge, who has been in the job for the past seven years. Wielhouwer is a veteran Visa executive with 22 years of experience.

BEIJING (AP) — China's official growth target for this year is around 5%, Premier Li Qiang said Tuesday in an annual report on the government's plans and performance that prioritized both security and the economy.

JetBlue Airways and Spirit Airlines are ending their proposed $3.8 billion merger weeks after a federal judge blocked the deal, saying it would hurt consumers who depend on Spirit's lower fares.

CALGARY — Enbridge Inc. says the federal energy regulator has approved the tolling deal for its Mainline pipeline system. It's the latest milestone after the Calgary-based company reached an agreement with shippers in May of last year.

A Federal Court decision has nixed Ottawa's approval of a massive rail-and-truck hub in the Greater Toronto Area. The ruling states that the federal government failed to grapple with whether Canadian National Railway Co.