National Business

Tight supply conditions and increasing home prices pushed the Canadian Real Estate Association to forecast the country will wrap the year with fewer home sales than it previously predicted.

MONTREAL — The battle between rival Canadian railways over Kansas City Southern is over. Canadian Pacific Railway Ltd. said Wednesday it has reached a deal to acquire KCS for approximately US$31 billion, after Canadian National Railway Co.

WASHINGTON (AP) — U.S. industrial production slowed to a 0.4% gain in August as shutdowns of petroleum refineries and petrochemical plants caused by Hurricane Ida curbed manufacturing activity.

OTTAWA — Canada's national annual inflation rate was 4.1 per cent in August, Statistics Canada says.

OTTAWA — Canada's national annual inflation rate was 4.1 per cent in August, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 4.8 per cent (4.4) — Prince Edward Island: 6.

HARARE, Zimbabwe (AP) — Banana bread was served at a recent birthday party at Melfort Old People’s home, where a group of residents mustered a raspy happy birthday tune.

NEW YORK (AP) — The ageless Tom Brady is due a thank you note from NBC. The Tampa Bay Bucs quarterback helped the network to a smashing audience of 24.8 million viewers for the NFL kickoff game, where he took on and defeated the Dallas Cowboys.

PHOENIX (AP) — A judge declared a mistrial Tuesday at the trial of the founders of the lucrative classified site Backpage.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,553.25, down 113.16 points.) Suncor Energy Inc. (TSX:SU). Energy. Down 47 cents, or 1.95 per cent, to $23.58 on 15.4 million shares.

MONTREAL — DavidsTea Inc. is keeping the company's leadership within the family as its co-founder retires from the company's board of directors and is replaced by his wife, the former CEO of insolvent clothing retailer Le Château.