National Business

TORONTO — Greater Toronto Area home sales tumbled as fewer properties were listed and market conditions tightened last month, weighing on the regional real estate board’s sales forecasts for the year, but not dampening its price predictions.

BCE Inc. is raising its quarterly dividend 5.1 per cent as it reported financial results that show it has almost fully recovered from the impacts of the COVID-19 pandemic.

CALGARY — Suncor Energy Inc. will adopt mining safety technology for the first time in the oilsands after a recent fatality that marked the company's fourth workplace death since late 2020.

FRANKFURT, Germany (AP) — The head of the European Central Bank said record inflation could linger for “longer than expected” and appeared to open the door at least a crack for an interest rate increase this year.

LONDON (AP) — The Bank of England raised interest rates for the second time in three months on Thursday, putting the United Kingdom far ahead of the rest of Europe and the U.S.

MONTREAL — Resolute Forest Products Inc. says it lost US$128 million in its latest quarter compared with a loss of US$52 million in the same quarter a year earlier. The forestry company, which keeps its books in U.S.

LONDON (AP) — The pay-TV sports market in Britain could be shaken up after media companies Discovery and BT Group said Thursday they were in exclusive discussions about forming a partnership.

Newly revealed correspondence between the federal government and the Canadian Transportation Agency (CTA) at the start of the pandemic is raising renewed questions around the regulator's independence.

MONTREAL — Lightspeed Commerce Inc. has appointed a new chief executive as the company's quarterly net loss widened and its share price collapsed months after the company was accused by a short seller of misleading investors.

CALGARY — Suncor Energy Inc. says it earned $1.53 billion in the fourth quarter and achieved record adjusted funds fromoperations against the backdrop of soaring oil prices.