National Business

TORONTO — Grocery industry advocates say new rules to make companies pay to recycle packaging they put into the market in Ontario could simply shift costs from communities to consumers in the coming months.

National home sales jumped by 11.3 per cent between March and April as the real estate market picked up again, but supply remained at a 20 year-low, the Canadian Real Estate Association said Monday.

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in April rose 22 per cent compared with March, powered by an increase in starts of multi-unit urban homes.

TORONTO — Centerra Gold Inc. reported a US$73.5-million loss in its first quarter compared with a profit of US$89.4 million in the same quarter last year. The Toronto-based gold miner, which keeps its books in U.S.

OTTAWA — Statistics Canada says wholesale sales excluding petroleum fell 0.1 per cent to $85.6 billion in March, led by a drop in the miscellaneous subsector and the machinery equipment and supplies subsector.

NICOSIA, Cyprus (AP) — Cyprus and Israel are working on a deal to build a pipeline that will convey natural gas from both countries to the east Mediterranean island nation, where it will be liquefied for export by ship to Europe and potentially elsew

NEW YORK (AP) — Vice Media is filing for Chapter 11 bankruptcy protection, the latest digital media company to falter after a meteoric rise .

BERLIN (AP) — Ukrainian President Volodymyr Zelenskyy said Sunday that his country is preparing a counteroffensive designed to liberate areas occupied by Russia, not to attack Russian territory.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Housing data There are a pair of key reports this week expected on Monday that will help economists gauge the health of the housing market in Canada.

It's been years since Carlos Zarate and others in Canada's decorative plywood industry started telling the federal government about a growing problem in their business.