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CREA reports home sales down in April as mortgage rates rise

CREA reports home sales down in April as mortgage rates rise

Increasing mortgage rates slowed home sales in April from the frenzied pace they started the year at, the Canadian Real Estate Association said Monday. The association found the number of homes sold dropped by 25.
Canada Mortgage and Housing Corp. reports annual rate of housing starts rose in April

Canada Mortgage and Housing Corp. reports annual rate of housing starts rose in April

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of new home construction in April rose eight per cent compared with March.
Small wins buoy Ukraine; West says Russians losing momentum

Small wins buoy Ukraine; West says Russians losing momentum

KYIV, Ukraine (AP) — Almost three months after Russia shocked the world by invading Ukraine, its military faces a bogged-down war, the prospect of a bigger NATO, and an opponent buoyed Sunday by wins on and off the battlefield.
Finland, Sweden inch closer to seeking NATO membership

Finland, Sweden inch closer to seeking NATO membership

BERLIN (AP) — Finland's government declared a “new era” is underway as it inches closer to seeking NATO membership, hours before Sweden's governing party on Sunday backed a plan to join the trans-Atlantic alliance amid Russia's war in Ukraine .
Nova Scotia Labour Department investigating worker death at Michelin tire plant

Nova Scotia Labour Department investigating worker death at Michelin tire plant

HALIFAX — A workplace death investigation is underway following a fatality last week at a Michelin tire plant in Nova Scotia.
Blow for Scholz as conservatives win key German state vote

Blow for Scholz as conservatives win key German state vote

BERLIN (AP) — Exit polls suggest that voters backed the incumbent conservative governor and dealt a blow to Chancellor Olaf Scholz's Social Democrats in Germany’s most populous state Sunday. Figures released after voting ended at 6 p.m.
‘Doctor Strange 2’ keeps hold on top spot in 2nd weekend

‘Doctor Strange 2’ keeps hold on top spot in 2nd weekend

“Doctor Strange in the Multiverse of Madness” stayed on top of the box office charts during its second weekend in theaters, earning an additional $61 million from North American theaters, according to studio estimates Sunday.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Markets The Toronto Stock Exchange has been under pressure in recent weeks with the S&P/TSX composite well off the highs it reached as recently as last month.
'We just don't have enough workers:' Restaurants rocked by labour shortage, inflation

'We just don't have enough workers:' Restaurants rocked by labour shortage, inflation

When a fried chicken chain opened its first location in Atlantic Canada, it was so popular it had to cut back hours.
Saudi oil giant Aramco's first-quarter profits surge 80%

Saudi oil giant Aramco's first-quarter profits surge 80%

DUBAI, United Arab Emirates (AP) — Oil giant Saudi Aramco said Sunday its profits soared more than 80% in the first three months of the year, as the state-backed company cashes in on the volatility in global energy markets and soaring oil prices foll