National Business

OTTAWA — Industry Minister François-Philippe Champagne says grocers will offer discounts, price freezes and price matching as an initial step to stabilize grocery prices.

TORONTO — The former chief executive of Rogers Communications Inc. has fired back at the company, alleging Rogers is carrying out "a campaign of dishonesty" surrounding his ouster in November 2021 by fabricating claims in its defence to his lawsuit.

OTTAWA — Competition Bureau commissioner Matthew Boswell says new research from the bureau finds the competition intensity in the country has decreased over the last two decades.

WASHINGTON (AP) — The global economy has shown “remarkable resilience’’ but still bears deep scars from the coronavirus pandemic, the war in Ukraine and rising interest rates , the head of the International Monetary Fund said Thursday.

WINNIPEG — Exchange Income Corp. says it has acquired DryAir Manufacturing Corp. for $60 million in cash and shares. Under the deal, EIC paid $15 million in shares and $45 million in cash.

TORONTO — Younger Canadians don't want to be their own bosses, intensifying the slowdown in entrepreneurship in Canada, according to a new RBC report.

WINNIPEG — NFI Group Inc. says it has signed a deal with the Houston Metropolitan Transit Authority for up to 210 buses. Financial terms of the deal were not immediately available.

OTTAWA — Canada's merchandise trade balance shifted to a surplus in August, helped by strong growth in exports of unwrought gold and crude oil, Statistics Canada said.

OTTAWA — The Canada Mortgage and Housing Corp. says construction of new homes increased slightly across several of Canada's major cities in the first half of 2023, as the pace of apartment starts helped offset declines in other dwelling types.

Finding themselves "at the edge of retirement," Jen Gibson and her wife Christy Ganshorn found it hard to fathom dipping into their savings already.