National Business

OTTAWA — Statistics Canada says wholesale sales, excluding petroleum, petroleum products and other hydrocarbons and excluding oilseed and grains, fell 2.8 per cent to $80.5 billion in June.

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in July fell 10 per cent compared with June when they posted their strongest showing so far this year.

MONTREAL — D-Box Technologies Inc. says it has launched a review of strategic alternatives.

OTTAWA — The alarm bells are becoming bull horns: Canada's housing supply isn't keeping up with the rapid rate of population growth.

TORONTO — Amid an ongoing strike by Metro workers in Toronto, the grocery giant said Unifor refused its request to meet with the bargaining committee.

EDMONTON — The Edmonton business owner who forked out $16,000 in a government-sponsored bidding war for a life-size donair costume says it was all about keeping the meat suit from being desecrated by lettuce-rejecting Maritimers.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,899.79, down 390.75): Enbridge Inc. (TSX:ENB). Energy. Down $1.05, or 2.19 per cent, to $46.86 on 15.1 million shares.

TORONTO — Canada's main stock index fell almost 400 points, or nearly two per cent, Tuesday on broad-based weakness, while U.S. markets also fell, with the three major indexes south of the border each losing more than one per cent.

CALGARY — The man hired to turn around the flagging fortunes of Suncor Energy Inc. said Tuesday he believes the company has been too focused in recent years on the energy transition and must get back to an oil-centred business strategy.

TORONTO — The national office vacancy rate could peak at approximately 15 per cent by the end of 2024 as the rise of hybrid work models prompt companies to reduce their office space, according to a new report by Colliers Canada.