National Business

OTTAWA — Bank of Canada governor Tiff Macklem says he expects 2024 to be a transition year as higher interest rates slow down the economy, making way for lower inflation.

LONDON (AP) — Prince Harry's phone was hacked by journalists and private investigators working for the Daily Mirror who invaded his privacy by snooping on him unlawfully, a judge ruled Friday, delivering an historic victory for the estranged royal wh

TORONTO — The Canada Pension Plan Investment Board is part of a group that has signed a deal to buy a 20 per cent stake in a joint venture that will hold a US$16.

OTTAWA — The Canadian Automobile Dealers Association is raising concerns about electric vehicle affordability and charging infrastructure.

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.

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.

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.

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

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.

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.