National Business

VANCOUVER — The Real Estate Board of Greater Vancouver says last month's home prices ticked up from May as prospective homebuyers faced a dearth of supply in the region. The board says the composite benchmark sat at more than $1.

TORONTO — Brookfield Reinsurance has signed a deal to buy the part of American Equity Investment Life Holding Co. (AEL) that it does not already own in a cash-and-stock transaction that values the company at about US$4.3 billion.

DUBAI, United Arab Emirates (AP) — Iran tried to seize two oil tankers near the strategic Strait of Hormuz early Wednesday, firing shots at one of them, the U.S. Navy said. It said that in both cases, the Iranian naval vessels backed off after the U.

VANCOUVER — Kit and Ace Technical Apparel Inc. has been bought by a company co-owned by Canadian fashion designer and entrepreneur Joe Mimran. The price paid for the clothing retailer by Unity Brands Inc.

TORONTO — Early signs of wage growth slowing are an indicator the Bank of Canada’s fight against inflation is slowly gaining ground, economists said, but it’s too soon to tell whether Canadians will regain the purchasing power they lost amid sustaine

OTTAWA — Canadians eligible for the GST credit are expected to receive a special payment today to help with the rising cost of groceries.

MONTREAL — Air Canada delayed or cancelled nearly 2,000 flights over the Canada Day long weekend in a potential taste of more trouble ahead for passengers.

TORONTO — Cineplex Inc. says a case launched by the Competition Bureau against the theatre chain over movie ticket fees should be dismissed because it's based on a "mischaracterization.

"A lot of people think that best before dates are expiry dates, when there are actually very few products in Canada that have a proper expiry date."

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,204.87, up 49.58): Toronto-Dominion Bank. (TSX:TD). Finance. Up $1.23, or 1.50 per cent, to $83.34 on 8.3 million shares.