National Business

TORONTO — Significant price increases and overvaluation are causing Toronto, Ottawa, Hamilton, Halifax and Moncton's housing sectors to face "high" levels of vulnerability, while rural areas are heating up the national outlook, says the country's hou

NEW YORK — Steven Spielberg said Thursday that he will donate his $1 million Genesis Prize to 10 nonprofits that are working for racial and economic justice.

TORONTO — Canadian landlords are renegotiating contracts and leases as several of the country's top real estate markets shift in favour of renters during the COVID-19 pandemic.

HALIFAX — Nova Scotia Finance Minister Labi Kousoulis tabled the 2021-22 Nova Scotia budget Thursday. Here are some highlights. - A deficit of $584.9 million is projected on a spending program of $12.5 billion, with total debt hitting $17.

TORONTO — The recent auction of an artwork has created a stir in the art and tech worlds, and not just because of the US$69.4-million final bid it fetched.

With confidence rising that the end of the pandemic is growing closer, airports have begun to grow more crowded and airlines are starting to revive flights that vanished last year as people cancelled vacations and business trips.

WASHINGTON — Federal Reserve Chairman Jerome Powell compared the actions taken by the central bank early in the pandemic as the economy barrelled toward a recession to British efforts in World War II to evacuate troops at Dunkirk.

LOS ANGELES — Chrissy Teigen has deleted her popular Twitter account, saying the site no longer plays a positive role in her life. “For over 10 years you guys have been my world,” Teigen wrote to her 13.7 million followers Wednesday night.

WASHINGTON — The number of people seeking unemployment benefits fell sharply last week to 684,000, the fewest since the pandemic erupted a year ago and a sign that the economy is improving.

LONDON — A British court on Thursday refused Johnny Depp permission to appeal a judge’s ruling that he assaulted ex-wife Amber Heard, saying his attempt to overturn the decision had “no real prospect of success.