National Business

OTTAWA — NDP Leader Jagmeet Singh announced a plan to address student housing shortages on Thursday.

The average long-term U.S. mortgage rate climbed this week to its highest level in more than 20 years, pushing up borrowing costs for homebuyers already challenged by a housing market that remains competitive due to a dearth of homes for sale.

OTTAWA — If you live in Montreal or Vancouver and own an electric car, finding somewhere to charge it is likely as easy as a quick search of an app on your smartphone.

NEW YORK (AP) — Walmart racked up another strong quarterly sales gain as its low-prices continue to attract budget conscious consumers looking for deals in a tough economic environment.

The Hershey building in Smiths Falls, Ont., is headed back into the hands of the company that made the facility famous. Cannabis company Canopy Growth Corp.

OTTAWA — If a single mother with a newborn baby starts looking for city-subsidized housing in Canada's largest urban centre today, she might see her child enter high school before they find a new home.

OTTAWA — Parents across the country are getting ready to tap into registered education savings plans to help pay for their children's post-secondary schooling this fall. After years of saving, the time has come to start spending those nest eggs.

The U.S. labor market continues to flex its muscle as applications for jobless claims fell again last week and remain at healthy levels in the face of high interest rates and inflation.

WASHINGTON — President Joe Biden rattled off an impressive list of economic wins Wednesday to mark one full year of "transformative" climate spending that's better known among critics in Canada and overseas than it is by voters in the United States.

OTTAWA — Canadians are missing out on major tourism revenue from Chinese visitors as Beijing leaves Canada off its list of approved travel destinations — a move that it is linking directly to Ottawa's recent focus on alleged foreign interference.