National Business

TORONTO — The median price of a home in Canada in the fourth quarter of 2022 posted the first year-over-year decline since the end of 2008 during the financial crisis, Royal LePage says.

TORONTO — Experts say the upcoming earnings season will be overshadowed by the broader economic climate, with interest rates and inflation data more closely watched thanindividual company reports.

NEW YORK (AP) — Donald Trump’s company was fined $1.

TORONTO — Corus Entertainment Inc. reported its first-quarter profit fell compared with a year ago as its revenue also moved lower. The television and radio company says it earned $31.

MONTREAL — Cogeco Communications Inc. reported its first-quarter profit and revenue rose compared with a year ago, but the company trimmed its guidance for its full financial year.

CALGARY — Shaw Communications Inc. says revenue for its first quarter ended Nov. 30, 2022 saw revenue decrease by 1.2 per cent year over year. The Calgary-based company says net income for the quarter was down 14.

TORONTO — An RBC subsidiary in the U.S. has reached a US$31-million settlement with the Department of Justice over allegations of discrimination by limiting mortgage lending in predominately Black and Latino communities.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,211.20, up 186.15): Algonquin Power & Utilities Corp. (TSX:AQN). Utilities. Down 42 cents, or 4.22 per cent, to $9.53 on 14.

TORONTO — Canada's main stock index gained almost one per cent Thursday, buoyed by strength in the energy and financial sectors, while U.S. markets also rose. The S&P/TSX composite index was up 186.15 points at 20,211.20.

TORONTO — Stricter rules around qualifying for a mortgage could be coming as Canada's banking regulator seeks feedback on several proposals to limit the number of overstretched borrowers.