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National Business

Enbridge to build new oil and natural gas pipelines in Gulf of Mexico

Enbridge to build new oil and natural gas pipelines in Gulf of Mexico

CALGARY — Enbridge Inc. continues to invest in the U.S.
Magna International reviewing records after charges against Stronach

Magna International reviewing records after charges against Stronach

TORONTO — Magna International Inc. says it has launched a targeted review of its historical records in response to sexual assault charges against founder Frank Stronach.
Toronto home sales rose in September as buyers took advantage of lower rates, prices

Toronto home sales rose in September as buyers took advantage of lower rates, prices

TORONTO — Home sales in the Greater Toronto Area rose in September as buyers began taking advantage of a more accessible market, said the Toronto Regional Real Estate Board. The region saw 4,996 existing homes sold last month, up 8.
Higher interest rates resulted in 30,000 fewer housing starts last year: CMHC

Higher interest rates resulted in 30,000 fewer housing starts last year: CMHC

OTTAWA — A report by Canada Mortgage and Housing Corp. says higher interest rates decreased housing starts by about 30,000 units last year.
Montreal home sales rise 18 per cent in September from last year

Montreal home sales rise 18 per cent in September from last year

MONTREAL — The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales rose 18 per cent in September from last year.
Breaking a mortgage for better rates can pay off - but beware of the costs

Breaking a mortgage for better rates can pay off - but beware of the costs

TORONTO — Interest rates are dropping, but many Canadians are still feeling the hangover of the highest lending costs in a generation.
Toronto hospital to open permanent supportive housing apartments for homeless people

Toronto hospital to open permanent supportive housing apartments for homeless people

TORONTO — A new housing project for those who live on the streets and frequently end up in the emergency room is set to welcome its first residents in Toronto this month, supported by one of the largest hospital networks in Canada.
More Americans file for unemployment benefits last week, but layoffs remain historically low

More Americans file for unemployment benefits last week, but layoffs remain historically low

The number of Americans applying for unemployment benefits rose modestly last week but remains at healthy levels. The Labor Department reported Thursday that applications for jobless claims rose by 6,000 to 225,000 for the week of Sept. 28.
More Americans file for unemployment benefits last week, but layoffs remain historically low

More Americans file for unemployment benefits last week, but layoffs remain historically low

The number of Americans applying for unemployment benefits rose modestly last week but remains at healthy levels. The Labor Department reported Thursday that applications for jobless claims rose by 6,000 to 225,000 for the week of Sept. 28.
Private-label food got more popular thanks to inflation — but now it's here to stay

Private-label food got more popular thanks to inflation — but now it's here to stay

Over the past few years, consumers have been buying more private-label products at the grocery store to save money — and the trend may be here to stay.