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Fraser says housing measures coming in budget update, weighs in on short-term rentals

Fraser says housing measures coming in budget update, weighs in on short-term rentals

OTTAWA — Housing Minister Sean Fraser says the federal government will reveal more housing measures in the fall budget update and in the coming months that aim to ramp up homebuilding across the country.
Bell Media signs deal to buy Outfront Media's Canadian business for $410 million

Bell Media signs deal to buy Outfront Media's Canadian business for $410 million

TORONTO — Bell Media announced a tentative $410-million deal Monday to buy the Canadian operations of outdoor advertising company Outfront Media Inc. in a move that experts say could solidify its hold on the out-of-home advertising market.
More Canadians struggling with monthly mortgage payment: Angus Reid survey

More Canadians struggling with monthly mortgage payment: Angus Reid survey

TORONTO — A new survey suggests the number of Canadians struggling with their monthly mortgage payment is on the rise, along with worries of potentially higher payments when it comes time to renew with their lender.
What to know about the St. Lawrence Seaway strike

What to know about the St. Lawrence Seaway strike

MONTREAL — The St. Lawrence Seaway has shut down as hundreds of workers walked off the job Sunday. Here are answers to a few key questions about what's going on: What is the St. Lawrence Seaway? The St.
A British court ruling frees Nigeria from paying $11 billion in damages over a failed gas project

A British court ruling frees Nigeria from paying $11 billion in damages over a failed gas project

ABUJA, Nigeria (AP) — A London judge on Monday overturned an arbitration award that would have required Nigeria to pay $11 billion over a failed gas project, finding the contract was obtained through fraud.
Better data, management of water needed for Canada's agri-food sector: report

Better data, management of water needed for Canada's agri-food sector: report

OTTAWA — The Canadian Agri-Food Policy Institute is recommending that governments across the country develop a national plan to sustainably manage and use water for the agri-food sector.
Oaktree Capital Management investing $150 million Aecon Utilities

Oaktree Capital Management investing $150 million Aecon Utilities

TORONTO — Aecon Group Inc. has signed a deal that will see Oaktree Capital Management LP invest $150 million in the company's utility infrastructure services business. Under the agreement, Oaktree will acquire a 27.
Tech group calls on feds to take action on boosting semiconductor industry

Tech group calls on feds to take action on boosting semiconductor industry

A group of technology organizations is calling on the federal government to bolster Canada's semiconductor industry or risk talent and companies moving elsewhere.
First Quantum says Cobre Panamá deal with government in Panama now law

First Quantum says Cobre Panamá deal with government in Panama now law

TORONTO — First Quantum Minerals Ltd. says the bill enacting its mining concession contract for its Cobre Panamá copper mine has become law.
Stock market today: Wall Street drifts lower as pressure rises from the bond market

Stock market today: Wall Street drifts lower as pressure rises from the bond market

NEW YORK (AP) — Wall Street is drifting lower in early trading as pressure from the bond market continues to build. The S&P 500 was down 0.5% early Monday. The Dow lost 171 points, and the Nasdaq composite was off 0.6%.