National Business

The Canadian Real Estate Association says home sales in April fell 9.8 per cent compared with the same month last year, as the national housing market has returned "to the quiet markets we’ve experienced since 2022.

CALGARY — Strathcona Resources Ltd. has signed a series of three agreements to sell its assets in the Montney region valued at a total of $2.84 billion. The company says once the deals are complete it will be a pure-play heavy oil company.

MONTREAL — Nuclear projects fuelled a big surge in revenue at AtkinsRéalis Group Inc. last quarter, paving the way for better financial results in the year ahead, the engineering firm said.

NEW YORK (AP) — Walmart’s first-quarter profit slipped, and it said it must raise prices due to higher costs from tariffs implemented by President Donald Trump.

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WASHINGTON (AP) — U.S. consumers spent slightly more at retail stores last month after ramping up their shopping in March to get ahead of tariffs . Sales at retail stores and restaurants rose just 0.

OTTAWA — Statistics Canada says manufacturing sales fell 1.4 per cent in March to $71.9 billion as sales fell in the primary metal and petroleum and coal product subsectors. The agency says sales of primary metals fell 6.5 per cent to $5.

Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a major footwear company in as many weeks as business leaders struggle with uncertainty over U.S.

WASHINGTON (AP) — U.S. wholesale prices dropped unexpectedly in April for the first time in more than a year despite President Donald Trump’s sweeping taxes on imports .

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in April rose 30 per cent compared with March.