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Travel, tourism sectors set for major recovery this year — but business spending lags

Travel, tourism sectors set for major recovery this year — but business spending lags

MONTREAL — sa¹ú¼Ê´«Ã½'s travel and tourism sector is poised for a big post-pandemic rebound, according to a report from the World Travel and Tourism Council. The industry is set to contribute $162.
New beverage fee rollout delayed, but retail group says producers should absorb fee

New beverage fee rollout delayed, but retail group says producers should absorb fee

TORONTO — Grocery industry advocates say new rules to make companies pay to recycle packaging they put into the market in Ontario could simply shift costs from communities to consumers in the coming months.
April's national home sales up 11.3% from March, supply at 20-year low: CREA

April's national home sales up 11.3% from March, supply at 20-year low: CREA

National home sales jumped by 11.3 per cent between March and April as the real estate market picked up again, but supply remained at a 20 year-low, the Canadian Real Estate Association said Monday.
CMHC reports annual pace of housing starts up 22% in April

CMHC reports annual pace of housing starts up 22% in April

OTTAWA — sa¹ú¼Ê´«Ã½ Mortgage and Housing Corp. says the annual pace of housing starts in April rose 22 per cent compared with March, powered by an increase in starts of multi-unit urban homes.
Advocates urge provinces to follow Quebec's lead in crackdown on illegal Airbnbs

Advocates urge provinces to follow Quebec's lead in crackdown on illegal Airbnbs

More provinces should follow Quebec's lead in seeking to hold short-term rental platforms such as Airbnb accountable for uncertified listings, advocates say.
Centerra Gold reports US$73.5-million Q1 loss compared with profit a year earlier

Centerra Gold reports US$73.5-million Q1 loss compared with profit a year earlier

TORONTO — Centerra Gold Inc. reported a US$73.5-million loss in its first quarter compared with a profit of US$89.4 million in the same quarter last year. The Toronto-based gold miner, which keeps its books in U.S.
Statistics sa¹ú¼Ê´«Ã½ says wholesale sales excluding petroleum down 0.1 per cent in March

Statistics sa¹ú¼Ê´«Ã½ says wholesale sales excluding petroleum down 0.1 per cent in March

OTTAWA — Statistics sa¹ú¼Ê´«Ã½ says wholesale sales excluding petroleum fell 0.1 per cent to $85.6 billion in March, led by a drop in the miscellaneous subsector and the machinery equipment and supplies subsector.
Cyprus, Israel working on deal for natural gas pipeline, processing plant in Cyprus

Cyprus, Israel working on deal for natural gas pipeline, processing plant in Cyprus

NICOSIA, Cyprus (AP) — Cyprus and Israel are working on a deal to build a pipeline that will convey natural gas from both countries to the east Mediterranean island nation, where it will be liquefied for export by ship to Europe and potentially elsew
Vice Media files for Chapter 11 bankruptcy, the latest in a string of digital media setbacks

Vice Media files for Chapter 11 bankruptcy, the latest in a string of digital media setbacks

NEW YORK (AP) — Vice Media is filing for Chapter 11 bankruptcy protection, the latest digital media company to falter after a meteoric rise .
Ukrainian president says counteroffensive won't aim to attack Russian territory

Ukrainian president says counteroffensive won't aim to attack Russian territory

BERLIN (AP) — Ukrainian President Volodymyr Zelenskyy said Sunday that his country is preparing a counteroffensive designed to liberate areas occupied by Russia, not to attack Russian territory.