National Business

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.

MONTREAL — Two of Gildan Activewear Inc.'s shareholders are demanding its former chief executive be reappointed to the company's top post. In letters sent to Gildan's board of directors, Browning West LP and Turtle Creek Asset Management Inc.

TORONTO — A report by BloombergNEF finds that while Canada's top five banks are among the biggest energy financiers globally, they rank among the worst of the top 100 when measured on how much of that funding is directed to low-carbon sources.

ROME (AP) — Pope Francis on Thursday called for an international treaty to ensure artificial intelligence is developed and used ethically, arguing that the risks of technology lacking human values of compassion, mercy, morality and forgiveness are to

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,778.80, up 149.35 points): Royal Bank of Canada. (TSX:RY). Finance. Up $2.24, or 1.74 per cent, to $130.86 on 14.4 million shares.