Business

NovaGold Resources Inc. has extended the timeline for selling its 50 per cent stake in the Galore Creek project by three months to the first quarter of 2013.

Shares of real estate services provider Realogy, whose brands include Century 21, Coldwell Banker and The Corcoran Group, soared more than 22 per cent in their first day of trading on the New York Stock Exchange. The stock jumped $5.92 to $32.

Dollarama Inc. has chosen the chief executive of auto parts distributor Uni-Select Inc. as an independent director of the company. Richard Roy will step into the role previously held by Matthew Levin, who is exiting the company.

Canadians who say they're fed up with confusing wireless contracts for their cell-phones and tablets are being asked to help develop a national retail code for wireless services.

Deal estimated at $12 billion

Statistics Canada says its new housing price index rose 0.2 per cent in August, after a 0.1 per cent increase in July. The combined metropolitan regions of Toronto and Oshawa, as well as Calgary, were the top contributors to the growth.

A report by the Bank of Montreal says Canada's real agricultural output is on track to increase 7.5 per cent this year, laying fertile ground for the sector's performance heading into 2013.

Day 3: plenty of questions, but few definitive answers

Kellogg Canada has recalled one of its most popular brands of cereal due to pieces of metal being found in the packaging.

The Toronto stock market was slightly higher Thursday as resource stocks rose alongside prices for oil and metals. The S&P/TSX composite index was well off session highs by mid-afternoon, gaining 21.53 points to 12,233.