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CMHC says annual pace of housing starts in Canada down 22% in November

CMHC says annual pace of housing starts in Canada down 22% in November

OTTAWA — The annual pace of housing starts in Canada fell 22 per cent in November as work began on fewer multi-unit projects, Canada Mortgage and Housing Corp. said Friday.
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Rogers Sugar strike at impasse, company says as it pauses talks with union

Rogers Sugar strike at impasse, company says as it pauses talks with union

VANCOUVER — Rogers Sugar Inc. says it is pausing negotiations after the union representing striking workers at its Vancouver refinery rejected the company's latest offer. Workers at the refinery have been on strike since Sept.
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Wholesale sales, excluding petroleum products and oilseeds and grains, down

Wholesale sales, excluding petroleum products and oilseeds and grains, down

OTTAWA — Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseeds and grain, fell 0.5 per cent to $81.7 billion in October.
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2 attacks launched from rebel-held Yemen strike container ships in vital Red Sea corridor

2 attacks launched from rebel-held Yemen strike container ships in vital Red Sea corridor

DUBAI, United Arab Emirates (AP) — A ballistic missile fired from rebel-held territory in Yemen slammed into a cargo ship Friday in the Red Sea near the strategic Bab el-Mandeb Strait, following another attack only hours earlier that struck a separat
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Missile fired from rebel-controlled Yemen misses a container ship in Bab el-Mandeb Strait

Missile fired from rebel-controlled Yemen misses a container ship in Bab el-Mandeb Strait

DUBAI, United Arab Emirates (AP) — Yemen's Houthi rebels fired a ballistic missile Thursday that missed a container ship traveling through the crucial Bab el-Mandeb Strait, the U.S.
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Retail sales rise 0.3% in November as Americans hit gas, not brakes on shopping, travel, restaurants

Retail sales rise 0.3% in November as Americans hit gas, not brakes on shopping, travel, restaurants

NEW YORK (AP) — Americans picked up their spending from October to November unexpectedly as the unofficial holiday season kicked off, underscoring the power of shoppers despite elevated prices. Retail sales rose 0.
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Gildan shareholders seek CEO reinstatement, allege 'grievous error' by board

Gildan shareholders seek CEO reinstatement, allege 'grievous error' by board

MONTREAL — Two of Gildan Activewear Inc.'s shareholders are demanding its former chief executive be reappointed to the company's top post. In letters sent to Gildan's board of directors, Browning West LP and Turtle Creek Asset Management Inc.
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Canada's biggest banks come in at bottom of low-carbon finance ranking

Canada's biggest banks come in at bottom of low-carbon finance ranking

TORONTO — A report by BloombergNEF finds that while Canada's top five banks are among the biggest energy financiers globally, they rank among the worst of the top 100 when measured on how much of that funding is directed to low-carbon sources.
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Pope, once a victim of AI-generated imagery, calls for treaty to regulate artificial intelligence

Pope, once a victim of AI-generated imagery, calls for treaty to regulate artificial intelligence

ROME (AP) — Pope Francis on Thursday called for an international treaty to ensure artificial intelligence is developed and used ethically, arguing that the risks of technology lacking human values of compassion, mercy, morality and forgiveness are to
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,778.80, up 149.35 points): Royal Bank of Canada. (TSX:RY). Finance. Up $2.24, or 1.74 per cent, to $130.86 on 14.4 million shares.
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