National Business

The Bank of Canada said Monday that Canadian businesses expect average inflation to remain elevated over the next two years, but see interest rate moves and better supply chains cooling things off longer term.

WINNIPEG — Canadian furniture maker Palliser is expanding its North American operations as new products coupled with soaring tariffs on imports from Vietnam and China increase demand for the company's furnishings.

CALGARY — Cenovus Energy Inc. is suspending its practice of crude oil price hedging and warning that it expects steep losses on its existing risk management program in its first quarter.

TORONTO — Two Canadian media and entertainment unions say Cineflix has agreed to pay workers $2.5 million to settle a class-action lawsuit over unpaid work.

VANCOUVER — The Real Estate Board of Greater Vancouver says home sales picked up between February and March but are still down from a year ago. The B.C.

TORONTO — Canadian miner Centerra Gold Inc. says it has agreed to sell its business interests in the Kyrgyz Republic and exit the country, settling a long-simmering dispute over one of the biggest gold mines in Central Asia.

WINNIPEG — The U.S. subsidiary of Canadian insurer Great-West Lifeco Inc. has closed a multi-billion dollar deal to buy the U.S. retirement business of Prudential Financial Inc. The $4.

OTTAWA — Complaints from Canadian telecom and TV customers decreased 26 per cent between Aug. 1, 2021 and Jan.

OTTAWA — The Commission for Complaints for Telecom-television Services (CCTS) says customer complaints were down 26 per cent between Aug. 1, 2021 and Jan. 31, 2022 compared with ­­­the same period a year before.

CHARLOTTETOWN — The first potato shipments destined for the United States are expected to leave Prince Edward Island early this week following the lifting of a crippling four month ban. The U.S.