National Business

OTTAWA — The Bank of Canada says it will wind down several pandemic buying and lending programs aimed at keeping credit flowing, believing its work there is done as market conditions improve.

HALIFAX — For the second consecutive year Nova Scotia’s Liberal government has released a capital budget with over $1-billion in spending — a level the finance minister says will be sustained for years to come. The $1.

MONTREAL — Constellation Insurance Holdings Inc. says it has entered into its first acquisition agreement, to purchase Ohio National Mutual Holdings Inc. for US$1 billion.

DETROIT — The company that makes heavy-duty diesel Ram trucks is telling some owners to park them outdoors due to the risk of an engine fire. Fiat Chrysler, now part of Stellantis, is recalling just over 20,000 of the trucks mainly in the U.S.

WASHINGTON — Sales of new homes plunged 18.2% in February as severe winter weather in many parts of the country and a lack of supply took a toll on the housing industry.

Real-estate company Royal LePage says the average price of a house in Canada's "recreational property regions" will rise 15 per cent in 2021 to $502,730, as the pandemic prompts buyers to explore country living.

LONDON — AstraZeneca's release Monday of encouraging data about its coronavirus vaccine from its U.S. trial raised hopes that the drug company could put a troubled rollout behind it.

One year to get a 12-speed chain. Five hundred days for a new saddle. And up to a two year wait until certain bike models come back in stock.

TORONTO — George Weston Ltd. is putting its Weston Foods bakery business up for sale and doubling down on its core retail and real estate operations, the company said Tuesday.

TORONTO — Rental housing company Tricon Residential Inc. and the Canada Pension Plan Investment Board have signed a deal to create a joint venture to develop rental projects in the Greater Toronto Area.