National Business

OTTAWA — Tens of millions of doses of COVID-19 vaccines are likely about to expire and go to waste because of a failure to manage an oversupply, Canada's auditor general reported Tuesday — a failure with an estimated price tag of about $1 billion.

TORONTO — Thomas Allen & Son, one of Canada's oldest book distributors, will close its doors in a matter of months, becoming what the company's CEO describes as another casualty of consolidation in the publishing industry.

CALGARY — Cenovus Energy Inc. will boost production in 2023 to meet what it believes will be continued strong global demand for oil in the year ahead.

CARACAS, Venezuela (AP) — An oil spill has polluted more than 2.5 miles (4 kilometers) of coastline at the city of Lechería, one of Venezuela's top tourist destinations, the city's mayor said Tuesday.

MONTREAL — WSP Global Inc. says it has signed a deal to buy BG Bonnard & Gardel Holding SA, a Swiss engineering consulting firm. Financial terms of the agreement were not immediately available.

TORONTO — Canada's housing market is continuing to slow as home sales in some of the country's biggest cities retreated in November.

MONTREAL — Canadians' budgets are being stretched thin as the cost of living climbs — and to compensate, some are taking on a side hustle.

OTTAWA — Canada's merchandise trade surplus grew to $1.2 billion in October as a depreciation in the Canadian dollar helped lift the value of both exports and imports, Statistics Canada said Tuesday.

VANCOUVER — Canfor Corp. is temporarily reducing its Canadian production due to what it says are very weak market conditions. The Vancouver-based company says there will be curtailments at all of its solid wood facilities in B.C. and Alberta.

NEW YORK (AP) — Apple Music wants to help you and your friends sing along to your favorite songs with a new feature it's rolling out just as people gather for end-of-year parties.