National Business

MONTREAL — The Quebec Professional Association of Real Estate Brokers says Montreal's housing market shifted last month as sales dropped 20 per cent year-over-year and active listings rose by 37 per cent.

HARTFORD, Conn.

TORONTO — The amount of non-mortgage debt owed by Canadians is rising, boosted by new lending and higher spending linked to inflation, according to a new report by Equifax Canada.

CALGARY — Imperial Oil says it has reached a deal with a U.S.-based industrial gas company to supply low-carbon hydrogen for its proposed renewable diesel complex near Edmonton.

TORONTO — Turquoise Hill Resources Ltd. has signed a definitive agreement that will see Rio Tinto acquire the 49 per cent stake in the miner it does not already own. The deal follows an agreement in principle the companies reached last week.

BERLIN (AP) — A union representing pilots at Lufthansa on Tuesday called off a planned two-day strike after a last-minute agreement with Germany's biggest airline in a pay dispute.

TORONTO — Cannabis retailer Superette Inc. has been granted court protection from creditors under the Companies’ Creditors Arrangement Act. The Ontario Superior Court made the order on Aug. 30. The initial stay period is until Sept. 9.

TORONTO — Centerra Gold Inc. says Paul Wright has been named interim president and chief executive. Wright replaces Scott Perry in the top job while the board works to find a permanent chief executive.

OTTAWA — A record labour shortage and rising wages may seem like good news for workers, but labour leaders say employees aren't seeing the gains that corporations are experiencing amid sky-high inflation.

PARIS (AP) — French President Emmanuel Macron is calling for a sharp 10% reduction in the country’s energy use in coming weeks and months to avoid the risk of rationing and cuts this winter, amid tensions with supplier Russia over the war in Ukraine