National Business

NEW YORK — A New York-based brand management firm that already owns Anne Klein and Joseph Abboud is taking a controlling stake in the parent company of the iconic Toys R Us and Babies R Us brands.

The Canadian Real Estate Association is predicting home sales will be so strong they'll reach record highs this year, before starting to cool in 2022.

OTTAWA — Canadian manufacturing sales beat expectations as they rose 3.1 per cent to $56.2 billion in January to top their pre-pandemic mark set in February 2020 for the first time. Economists on average had expected an increase of 2.

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in February slowed compared with January.

The European Union said Monday it is starting legal action against the United Kingdom, arguing it does not respect the conditions of the Brexit withdrawal agreement and is violating international law.

BEIJING — Attacks on Chinese-run factories in Myanmar's biggest city drew demands Monday from Beijing for protection for their property and employees, while many in Myanmar expressed outrage over China's apparent lack of concern for those killed in p

TORONTO — Five things to watch for in the Canadian business world in the coming week: Housing data Two key data points for Canada's housing market are expected Monday.

CALGARY — For the veteran Calgary oilman whose name adorns the downtown Gray Family Eau Claire YMCA, the recent closing of the facility due to falling membership is the “canary in the coal mine” for the Calgary economy.

OTTAWA — In February 2020, the governor of the Bank of Canada was testing the seal on his N95 face mask by trying to smell the scented gas his security team pumped at him.

DEARBORN, Mich. — Ford Motor Co. has issued two safety recalls involving more than 2.6 million vehicles in North America, including nearly 275,000 in Canada, mainly over airbag problems.