National Business

HALIFAX — Previous Liberal and NDP governments are to blame for Nova Scotia's housing crisis, Progressive Conservative Leader Tim Houston said Wednesday on the campaign trail, boasting that his party's plan to build more homes is bearing fruit.

TORONTO — Rogers Sports and Media has cut a "few dozen" jobs in its audio business amid what it describes as an unpredictable advertising market that has led to declining revenue.

Grocery and drugstore retailer Metro Inc. ended its "transition year" with fourth-quarter earnings of $219.

HALIFAX — Nova Scotia NDP Leader Claudia Chender doesn’t make a habit of getting kicked out of the legislature — it’s happened once in her seven-year political career.

CALGARY — Railway company Canadian Pacific Kansas City says its two new hydrogen production and refuelling stations in Calgary and Edmonton are operational.

NEW YORK (AP) — Target etched out a slim sales increase in the third quarter and profits slumped as inflation-weary customers pulled back on spending and costs related to a dockworker strike in October dragged on results.

TORONTO — Dye & Durham Ltd. says it has paused its strategic review until after its 2024 annual meeting and the election of a new board of directors.

FRANKFURT, Germany (AP) — Ford Motor Co. says it will reduce its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing headwinds from the economy and pressure from increased competition and weaker than expected sales of electric cars.

Comcast will spin off many of NBCUniversal’s cable television networks, including USA Network, CNBC and MSNBC, into a separate public company.

NEW YORK (AP) — Target etched out a slim sales increase in the third quarter but profits slumped as inflation-weary customers pulled back on spending and costs related to a dockworker strike in October dragged on results.