National Business

OTTAWA — With high inflation and rising interest rates taking a bite out of paycheques, the Bank of Canada says businesses expect sales to slow as consumers pull back on spending.

OTTAWA — The Bank of Canada has appointed Nicolas Vincent, an economics professor at HEC Montreal, as a non-executive deputy governor for a two-year term.

The Canadian Real Estate Association expects home sales to edge down less than one per cent and prices to fall almost six per cent from 2022, which ended with the market in a sluggish state as sellers and buyers sat on the sidelines.

TORONTO — Michele Romanow is stepping down from her chief executive role at Clearco as the e-commerce investing business she co-founded lays off staff.

CALGARY — A new report suggests Canadians' worries about debt are rising amid higher interest rates and persistent inflation.

DNIPRO, Ukraine (AP) — The death toll from a weekend Russian missile strike on an apartment building in the southeastern Ukrainian city of Dnipro has risen to 40, authorities said Monday, as Western analysts pointed to indications the Kremlin was pre

OTTAWA — Statistics Canada says manufacturing sales were flat at $72.3 billion in November. The result came as sales in the motor vehicle industry rose 12.7 per cent to $3.

ROME (AP) — Italy’s No.

DAKAR, Senegal (AP) — A bus swerved to avoid hitting a donkey and collided with a truck, killing at least 19 people and injuring dozens of others in Senegal on Monday, authorities said.

ATHENS, Greece (AP) — With occasional renditions of the Greek national anthem, thousands of people lined up since before dawn on Monday outside Athens’ cathedral to pay their final respects to Greece’s former and last king, Constantine, who died last