National Business

TORONTO — A new Desjardins report suggests short-term rentals likely contributed to the housing affordability crisis in Canada and around the world.

A wave of layoffs last year, which left thousands of Canadian workers jobless, is continuing this year as recession predictions loom and the tech sector downturn deepens.

NEW YORK — Stocks slipped on Wall Street ahead of some key reports this week on the job market that might provide more insight into the Federal Reserve’s thinking about interest rates. The S&P 500 fell 0.5% Monday.

TORONTO — Ailing toy retailer Mastermind GP Inc. says it has reached a deal to sell the bulk of its business to a company representing three big names in the Canadian retail world.

GATINEAU, Que. — The Competition Bureau has been granted an order by the Federal Court of Canada requiring Rogers Communications Inc. to produce records related to an investigation into the company's Infinite wireless phone plans.

VANCOUVER — The Real Estate Board of Greater Vancouversays home sales ticked up last month as the continued increase of newly listed properties has given prospective homebuyers in the region among the largest selection to choose from since 2021.

WINNIPEG — Canada Life has signed a partnership deal with online mortgage company Nesto that will see the company take over the service and administration of the insurer's residential mortgage customers starting in January.

TORONTO — DesRosiers Automotive Consultants Inc. says new car sales in November soared 20.7 per cent compared with last year, as vehicle supply improves.

MONTREAL — Payment technology company Nuvei Corp. has signed a partnership agreement with Microsoft Corp. Financial terms were not immediately available.

TORONTO — Brookfield Asset Management Ltd. says its deal for Australia's Origin Energy Ltd. has failed to achieve the required shareholder support.