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National Business
National Business
Héroux-Devtek gets final green light to be taken private by U.S. firm
LONGUEUIL, Que. — Héroux-Devtek Inc. says it received a final regulatory green light for its purchase by a U.S. private equity firm.
Feb 5, 2025 12:18 PM
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Toronto home sales expected to rise 12% this year, but board says January saw drop
TORONTO — The Toronto Regional Real Estate Board says it is forecasting a 12.4 per cent increase in home sales for 2025, with 76,000 properties changing hands throughout the region as lower borrowing costs lead to improved affordability.
Feb 5, 2025 10:04 AM
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U.S. tariff threat: Quebec furniture company lays off 115 workers after sales drop
MONTREAL — A Quebec furniture manufacturer says the threat of U.S. tariffs on Canadian goods has forced it to lay off 115 people in the province. South Shore Furniture says it's laying off 97 people at its headquarters and factory in Ste-Croix, Que.
Feb 5, 2025 9:59 AM
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'We took the hit': Why some Canadians are cancelling U.S. travel plans
TORONTO — Every year Kathy Rowe and her husband exchange the same Christmas gift: plane tickets to the United States. The couple from Torbay, N.L.
Feb 5, 2025 9:58 AM
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Ottawa spending $25 million to make the port of Halifax greener and more efficient
HALIFAX — Federal Transport Minister Anita Anand says Ottawa will spend up to $25 million to improve the Port of Halifax.
Feb 5, 2025 9:49 AM
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Sheertex temporarily lays off 40% of staff as it braces for impending U.S. tariffs
The CEO of Sheertex says she's had to temporarily lay off 40 per cent of the company's staff, in part because of tariffs the U.S. has promised to place on Canadian goods.
Feb 5, 2025 9:40 AM
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CMHC predicts home sales, prices to rebound in 2025, but tariff threat clouds outlook
Canada Mortgage and Housing Corp. is forecasting a rebound in home sales and prices this year as homebuyers take advantage of improved borrowing conditions, but its outlook is clouded by the threat of widespread tariffs from the U.S.
Feb 5, 2025 9:38 AM
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France’s government survives a no-confidence vote and a budget is finally adopted
PARIS (AP) — France’s government survived a no-confidence vote Wednesday in parliament, and the state budget for 2025 was finally adopted.
Feb 5, 2025 9:23 AM
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France’s government survives a no-confidence vote and a budget is finally adopted
PARIS (AP) — France’s government survived a no-confidence vote Wednesday in parliament, and the state budget for 2025 was finally adopted.
Feb 5, 2025 9:23 AM
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Trade surplus with U.S. widened in December but down overall in 2024: StatCan
OTTAWA — Canada's trade surplus with the U.S. widened in December as overall exports rose thanks in part to higher energy prices, Statistics Canada said Wednesday.
Feb 5, 2025 9:01 AM
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