National Business

TORONTO — Canada Mortgage and Housing Corp. says even under best-case scenarios, housing starts will fall well below the affordable housing supply targets it has set for Ontario, B.C. and Quebec to reach by 2030.

OTTAWA — Despite some early signs of a slowing economy, Bank of Canada governor Tiff Macklem says more interest rate hikes are necessary to bring inflation down.

OTTAWA — A federal task force says Canada's transportation supply chain is approaching its "breaking point" and urgent action from both government and industry is needed to keep goods flowing.

MONTREAL — As COVID-19-related restrictions lift and demand for travel returns, airport goers are left wondering yet again if checking a bag is worth it.

FRANKFURT, Germany (AP) — Major oil-producing countries led by Saudi Arabia and Russia have decided to slash the amount of oil they deliver to the global economy.

PRAGUE (AP) — French President Emmanuel Macron said his government does not support the idea of building a new pipeline to pump natural gas between the Iberian Peninsula and the rest of Europe despite the continent's energy crisis.

BERLIN (AP) — Germans are using too much gas to avoid a potential energy “emergency” this winter, the head of Germany’s national network regulator warned Thursday.

TORONTO — A new report from the Carbon Tracker Initiative says that big global emitters, including Canadian companies, aren't saying enough about climate change risks in their financial statements.

TORONTO — As Canada moves out of the COVID-19 pandemic era, new data from commercial real estate firm Avison Young shows a steady increase in foot traffic across the country, as more people return to the office, shop in-store, head back to class, and

LOS ANGELES (AP) — Venus Williams, Spike Lee, Tracee Ellis Ross, Shaquille O'Neal and Killer Mike are among those set to participate in a celebration of African American business success and opportunity.