National Business

Canadian home sales were down 37.1 per cent in January compared with a year earlier, according to new figures from The Canadian Real Estate Association (CREA). It was the worst January for home sales since 2009.

AUSTIN, Texas (AP) — Austin's city manager was fired Wednesday in the wake of outrage over a slow and fumbled response to a winter storm power outage that left thousands of people in the Texas capital without electricity for a week or longer.

JUNEAU, Alaska (AP) — Oil-dependent Alaska has long sought ways to fatten its coffers and move away from the fiscal whiplash of oil’s boom-and-bust cycles. The newest idea, promoted by Republican Gov.

BRAMPTON, Ont. — Magna is announcing it is putting more than $470 million into bolstering its Ontario operations, including an electric vehicle battery enclosure facility northwest of Toronto. The company says the new operation in Brampton, Ont.

TORONTO — Uber Technologies Inc. is introducing a new feature in Canada today that gives riders and drivers the ability to record audio of their trips.

Home sales in Canada posted their worst start to the year since 2009 as January sales fell 37.1 per cent compared with the start of 2022 and prices continued to fall, the Canadian Real Estate Association said Wednesday.

CALGARY — Suncor Energy Inc. did not announce the name of its new CEO on its fourth-quarter earnings call Wednesday, though interim chief executive Kris Smith said a decision is expected "very soon.

OTTAWA — Statistics Canada says manufacturing sales fell for a second consecutive month in December as they dropped 1.5 per cent to $71.0 billion. The agency says manufacturing sales were down in 14 of 21 industries in December, led by a 6.

TORONTO — Barrick Gold Corp. reported a US$735-million loss in its fourth quarter compared with a profit of US$726 million in the same quarter a year earlier. The gold miner, which reports its results in U.S.

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts fell 13 per cent in January.