National Business

OTTAWA — Statistics Canada says manufacturing sales rose 1.2 per cent to $72.9 billion in May after declining 0.1 per cent in April. The overall increase for the month came as sales of chemical products gained 4.8 per cent at $5.

SMITHS FALLS, Ont. — Shares of Canopy Growth Corp. fell more than 30 per cent after it announced it has signed deals with its secured and unsecured lenders to reduce its debt, but will issue 90.4 million shares plus new convertible debt to do so.

OTTAWA — As inflation inches closer to three per cent, economists are warning the steady monthly declines in annual price growth will stall and even potentially reverse in the second half of the year.

The Canadian Real Estate Association has downgraded its home sales forecast for this year and next as fewer buyers jump into the market. The association said Friday that it expects 464,239 properties to trade hands this year, a 6.

TORONTO — It's the authentic Jamaican jerk chicken, curry goat and oxtail dishes that restaurant owner Stacy Porter hopes will get you in the door of her Scarborough eatery.

TORONTO — Rapidly rising interest rates have transformed mortgage preferences as borrowers increasingly opt for shorter-term fixed-rate contracts.

A University of Toronto professor says residents of Hamilton, Ont., could be inhaling the chemical equivalent of one or two cigarettes per week -- at minimum -- due to elevated levels of a cancer-causing compound in the air.

Cogeco Inc. reported a loss attributable to shareholders of $34.5 million in the third quarter, down from earnings of $37.5 million during the same period a year ago.

REGINA — An independent review into how Regina's tourism agency handled a failed rebrand says a junior employee approved sexualized slogans before senior management could vet them.

VANCOUVER — Telus Corp. revised downward its annual guidance for 2023, citing demand pressures as the technology sector looks to cut costs.