National Business

WASHINGTON (AP) — The Senate moved quickly Thursday to avert a rail strike that the Biden administration and business leaders warned would have had devastating consequences for the nation's economy.

OTTAWA — Health Canada has announced a recall of certain Tums antacid tablets due to possible contamination with fragments of fibreglass, paper, aluminum foil and other materials.

CALGARY — The Calgary Real Estate Board says the city's November home sales dipped by more than 20 per cent since the same time last year, but 2022 is still on track to set a record.

TORONTO — A new report shows women, people of colour and immigrants in Canada's tech sector saw employment and pay inequities persist — and in some cases, worsen — between 2001 and 2016.

TORONTO — From boosting cash on hand to cutting staff, Canadian banks are taking a variety of strategies to prepare for a widely expected economic slowdown in the year ahead.

TORONTO — Higher expenses, lower interest margins and more money set aside for potentially bad loans all weighed on CIBC's earnings which declined in the fourth quarter from a year ago.

TORONTO — TD Bank Group saw earnings climb in the fourth quarter, despite setting aside more money for potentially bad loans, as it benefitted in part from higher interest margins on its loans.

BERLIN (AP) — German lawmakers on Thursday approved a free-trade deal between the European Union and Canada, moving the accord a step closer to taking full effect.

At first glance, it might seem like the deals have never been better as posters in store windows and online ads trumpet a steady stream of holiday sales.

WASHINGTON (AP) — A measure of inflation that is closely monitored by the Federal Reserve eased but remained at an elevated level in October, likely reinforcing the Fed's intent to keep raising interest rates to cool the economy and slow the accelera