National Business

A wave of layoffs last year, which left thousands of Canadian workers jobless, is continuing this year as recession predictions loom and the tech sector downturn deepens.

The national housing market slowed last month with sales and prices tumbling between July and August as the Bank of Canada's latest interest rate hike rattled buyers.

TORONTO — NHL coach Mike Babcock thought he was just trying to get to know his players better, but experts say he may have crossed a line that's sometimes hard to see.

TORONTO — An organization representing more than 150 Canadian tech companies is calling on the country to take a sensitive but speedy approach to artificial intelligence.

NEW YORK (AP) — Stocks are slipping in early trading on Wall Street but not enough to erase the market’s gains for the week. The S&P 500 was down 0.4% in the first few minutes of trading Friday.

OTTAWA — Statistics Canada says manufacturing sales rose 1.6 per cent to $71.9 billion in July, boosted by higher sales of food products, petroleum and coal products and transportation equipment. The increase followed at 2.0 per cent decline in June.

LONDON (AP) — European regulators slapped TikTok with a $368 million fine on Friday for failing to protect children's privacy , the first time that the popular short video-sharing app has been punished for breaching Europe's strict data privacy rules

DETROIT (AP) — The United Auto Workers union says it will go on strike at three vehicle assembly plants as it presses Detroit companies to come up with better wage and benefit offers.

TORONTO — The federal government is demanding major Canadian grocers come up with a plan to stabilize prices, drawing pushback from the food industry.

Vancouver-based Canfor has announced plans to build a new manufacturing facility in Houston, B.C., about eight months after the forestry firm shut down its sawmill in the same community of about 3,000 residents.