National Business

Vancouver's real estate market ended 2020 with a bang, as a December home-buying spree helped the market rebound from a weak 2019, despite the COVID-19 pandemic. Home sales jumped 53.

CALGARY — The new operator of the White Rose offshore oilfield says no final decision has been made about its future despite a move by partner Suncor Energy Inc. to take a $425-million impairment charge on the value of its stake.

ST. JOHN'S, N.L. — A major labour leader has resigned from a government task force created to map out a recovery plan for Newfoundland and Labrador's struggling economy.

BERLIN — The German government said Tuesday it is extending the country's lockdown by three weeks until Jan.

FREDERICTON — The president of Maritime Bus says his company is being forced to cut or modify a number of routes in New Brunswick because of the COVID-19 pandemic. Mike Cassidy said passenger travel demand has been heavily affected since last March.

LONDON — Britain is facing a long, bleak winter as cold, wet weather and a more contagious variant of the coronavirus put unprecedented strain on the nation's hospitals and force record numbers of patients to wait 12 hours or more, sometimes on ambul

TORONTO — The chief executive of Nunavut gold miner TMAC Resources Inc. says Ottawa's decision on Dec. 21 to block its sale to a Chinese company ruined his Christmas break, but turned out to be a blessing in disguise.

WASHINGTON — The global economy will experience a subdued recovery this year from the devastating pandemic, the World Bank predicted Tuesday, but it warned that the near-term outlook is highly uncertain and growth could be imperiled if coronavirus in

TORONTO — Canadian toymaker Spin Master Corp. has solved the Rubik's Cube, completing a US$50-million acquisition of the legendary multi-coloured cube.

NEW YORK — Amazon said Tuesday that it bought 11 jets from Delta and WestJet airlines to boost its growing delivery network and get orders to shoppers faster. The company said it's the first time it has purchased planes for its delivery network.