Skip to content

National Business

Calgary home sales soar 147% in March amid low interest rates, savings: CREB

Calgary home sales soar 147% in March amid low interest rates, savings: CREB

CALGARY — The Calgary Real Estate Board says March home sales hit a level not seen in a decade as low lending rates and more savings continued to impact the market.
OPEC and allies agree to gradually boost crude oil output

OPEC and allies agree to gradually boost crude oil output

FRANKFURT — The OPEC oil cartel and allied countries said Thursday that they have decided to add gradually add back some 2 million barrels per barrel per day of oil production from May to July, moving cautiously in pace with the recovery of the globa
With King Kong, a little swagger returns to the box office

With King Kong, a little swagger returns to the box office

NEW YORK — Once again, mayhem and mass destruction is back at the box office. It’s almost like old times. “Godzilla vs.
Cargojet expanding Amazon relationship by flying two of retailer's jets in Canada

Cargojet expanding Amazon relationship by flying two of retailer's jets in Canada

MISSISSAUGA, Ont. — Cargojet Inc. is expanding its relationship with e-commerce giant Amazon after reaching an agreement to operate two Amazon-owned wide-body Boeing 767 aircraft within Canada.
Taiwan chip maker TSMC to invest $100B to grow capacity

Taiwan chip maker TSMC to invest $100B to grow capacity

TAIPEI, Taiwan — Major Taiwan computer chip maker Taiwan Semiconductor Manufacturing Co. plans to invest $100 billion in the next three years in expanding its manufacturing capacity and supporting research and development, the company said Thursday.
Saudi minister urges caution on oil production levels

Saudi minister urges caution on oil production levels

FRANKFURT — Saudi Arabia's energy minister took a cautious view of any increase in oil production as members of the OPEC cartel met Thursday with allied non-member countries to decide production levels.
Construction spending dips 0.8% in February amid bad weather

Construction spending dips 0.8% in February amid bad weather

WASHINGTON — U.S. construction spending fell in February after several months of steady gains, likely because of unseasonably cold weather and winter storms in the south.
Restaurants and small businesses demand compensation as Ontario lockdown expected

Restaurants and small businesses demand compensation as Ontario lockdown expected

TORONTO — News that Ontario is going back into widespread lockdowns to control the COVID-19 pandemic is leading to demands for compensation from small business and restaurant groups.
Brookfield reaches deal for Brookfield Property Partners with sweetened offer

Brookfield reaches deal for Brookfield Property Partners with sweetened offer

TORONTO — Brookfield Asset Management Inc. has raised its offer and reached a deal to buy the stake in Brookfield Property Partners LP that it does not already own for US$6.5 billion.
'In three-clicks I bought a car:' Online vehicle market revs up amid pandemic

'In three-clicks I bought a car:' Online vehicle market revs up amid pandemic

William Mellor knew he wanted a 2015 Ford Mustang – a 50th anniversary edition of the sporty American automobile.