National Business

OTTAWA — The federal banking regulator is proposing increased requirements to the stress test facing homebuyers with uninsured mortgages as it looks ahead to a return to pre-pandemic financial conditions with higher interest rates.

The third wave of COVID-19 cases in Canada has reignited debate over sick days, with some calling on provinces to mandate paid sick leave while others say the move could cripple businesses already struggling for survival.

EDMONTON — Alberta Premier Jason Kenney is drawing a line in the sand on the 18 members of his United Conservative Party caucus openly criticizing his COVID-19 health restrictions.

TORONTO — The head of the Royal Bank of Canada says the federal government should be cautious about overspending in its forthcoming budget.

TORONTO — The owner of Canada's largest group of newspapers earned $700,000 in net profits in its second quarter, an improvement from the same time a year before despite a 21-per-cent revenue decline. Toronto-based Postmedia Network Canada Corp.

VICTORIA — The Canadian Press erroneously reported April 6 that more than 54,000 light-duty electric vehicles were sold in B.C. last year. In fact, more than 54,000 light-duty electric vehicles are now registered in B.C. The Canadian Press

Americans are travelling in the greatest numbers in more than a year, and soon they will have two new leisure-oriented airlines to consider for those trips.

TORONTO — The head of Canadian Imperial Bank of Commerce says policy-makers should dramatically increase the country's housing supply, as sales and prices soar to record levels in cities including Toronto and Vancouver.

MONTREAL — Dollarama Inc. says the Rossy family, which founded the company, is selling a total of 2.2 million shares in the discount retailer. The company says GRI Investments Inc.

SCOTTSDALE, Ariz. — When COVID-19 shutdowns hit in March 2020, Mike Winneker, a hotel executive sous chef, found himself without work for the first time in years.