National Business

OTTAWA — Bank of Canada governor Tiff Macklem is laying out the limits of monetary policy as he warns the central bank can’t solve problems such as housing affordability with interest rates.

TORONTO — A surge in home sales across Canada's largest markets to kick off 2024 is unlikely to prompt the Bank of Canada to delay its probable interest rate cuts later this year.

Accusations of profiteering in the Canadian grocery industry are unfounded and unsubstantiated, witnesses told a House of Commons committee studying food prices on Tuesday.

WASHINGTON — The new chief of the Federal Aviation Administration said Tuesday that his agency is midway through a review of manufacturing at Boeing, but he already knows that changes must be made in how the government oversees the aircraft manufactu

NEW YORK (AP) — Adam Neumann, the ousted co-founder of WeWork, is exploring a deal to buy back the office sharing company after expressing dismay over its bankruptcy process .

MONTREAL — The consortium behind an airport overhaul in the Montreal area has shored up funding for the effort thanks to a $90-million loan from the Canada Infrastructure Bank.

MONTREAL — The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales jumped 18 per cent in January compared with the same month a year earlier.

TORONTO — The board of directors at the Ontario Securities Commission has extended Grant Vingoe's term as chief executive officer for five years.

A massive financial shift is set to take place in the coming years as baby boomers pass their assets down to the millennial and gen Z cohorts. But many parents aren't preparing their adult children to handle that wealth.

TORONTO — TMX Group Ltd. reported a fourth-quarter profit attributable to equity holders of $84.4 million as its revenue rose nine per cent compared with a year earlier.