National Business

The Estee Lauder Cos Inc. has struck a deal to buy Canadian skincare company Deciem Beauty Group Inc. at a valuation of US$2.

VANCOUVER — British Columbia will permanently allow restaurants, bars and tourism operators to buy liquor at wholesale prices, a move that industry hopes will help revive the struggling sector.

OTTAWA — Bank of Canada governor Tiff Macklem says the central bank is seeing early signs that people may be purchasing homes solely because they believe prices may go up.

TORONTO — RBC and National Bank of Canada will have tough acts to follow when they report financial results on Wednesday, one day after BMO and Scotiabank said on that their businesses were better off than before the COVID-19 pandemic.

MONTREAL — Bombardier says it has been the target of a cybersecurity breach that compromised confidential information related to its employees, customers and suppliers.

TORONTO — Disney Plus is introducing viewers to its older sibling: a new streaming hub named Star.

FREDERICTON — New Brunswick's auditor general says NB Power needs to make reducing its $4.9-billion debt a priority, adding that credit rating agencies are taking notice of the utility's liabilities.

CALGARY — The CEO of Gibson Energy Inc.

TORONTO — The mayor of Windsor, Ont., says the city may have to close a COVID-19 isolation centre for migrant farm workers after a shift in federal support created a $2 million funding shortfall.

MILAN — A digital runway show by five Italian fashion designers of African origin opens Milan Fashion Week on Wednesday, one tangible result of a campaign launched last summer by the only Black Italian designer belonging to the Milan fashion chamber.