Money

Home sales continue to climb this year. An industry group says the average resale home in the Vancouver area went for 8.5 per cent more than a year earlier, while Toronto was up 8.4 per cent. But those figures are based on an index of adjusted prices — the increase in Vancouver’s unadjusted prices was 12.2 per cent year-over-year to …

Bombardier has confirmed plans to scale down production of Global 5000 and Global 6000 business jets, placing around 1,750 jobs at risk.

Judges in the U.S. and Canada rejected proposals backed by warring creditors of Nortel Networks Corp. for dividing more than $7 billion in cash, causing bonds of the defunct telephone maker to plunge.

First it was Walmart and Canadian Tire, and now Lowe’s has reached a deal to buy some former Target locations in Canada.

The Petroliam Nasional Bhd-led group planning a natural gas export terminal on Canada’s Pacific Coast is offering one aboriginal community C$1.15 billion ($950 million) over 40 years to approve the project.

The newly created parent company of Burger King and Tim Hortons reported a strong start to the fiscal year, as system-wide sales for both brands rose by high-single digits in the first quarter.

Export Development Canada is making a $525-million loan to Volkswagen AG in a bid to get the German auto maker to boost its Canadian supply base as it expands in Mexico and the Southern U.S.

Good news for drivers who use the Gardiner Expressway. Mayor John Tory says the stretch between Exhibition Place and Grand Magazine Street has been reopened 2 months ahead of schedule.

The RTL Group-backed Canadian media and technology company BroadbandTV (BBTV) has acquired the India-based kids content producer and publisher YoBoHo for an undisclosed fee.

Ashley Madison – If you’re going to go public with a dating site for adulterers, there’s no place like swinging London. The Toronto-based Avid Life Media says it’s planning a London public stock offering sometime this year because “Europe is the only region where we have a real chance of doing an IPO,” Christoph Kraemer, the company’s head of international …

More Canadians are ditching their traditional TV subscriptions in 2014 than ever before, according to a new report. The availability of TV programs online and through services such as Netflix led to 95,000 fewer Canadian TV subscriptions.