National Business

MONTREAL — The Quebec Professional Association of Real Estate Brokers says a slowdown continued to take shape in Montreal last month as home sales dropped by nine per cent since last year.

TORONTO — The Greater Toronto Area housing market is becoming more balanced as May home sales dropped 39 per cent from a year earlier and prices rose almost 10 per cent, the Toronto Regional Real Estate Board said Friday.

TORONTO — Globalive Capital says it has gone straight to Shaw Communications Inc. with its $3.75 billion offer for wireless carrier Freedom Mobile due to a lack of engagement from Rogers Communications Inc.

FREDERICTON — The federal government said Friday it will invest $55 million to expand high-speed internet in several rural, remote and Indigenous communities in New Brunswick.

BERLIN (AP) — German lawmakers voted Friday to approve a 100 billion-euro ($107 billion) special fund to strengthen the country's military, preparing the way for a massive procurement drive three months after Russia's invasion of Ukraine jolted the g

TORONTO — Choice Properties Real Estate Investment Trust will acquire a 75 per cent ownership interest in 154 acres of industrial land in the Greater Toronto Area.

TORONTO — After the digital asset market plummeted in May, Toronto business owner and crypto investor Francine Gerstein said she felt a little uneasy while considering her next moves.

DUBAI, United Arab Emirates (AP) — Dubai police said Friday they arrested and planned to extradite a British man wanted in Denmark over a $1.7 billion tax fraud case.

AVON LAKE, Ohio (AP) — Ford will add 6,200 factory jobs in Michigan, Missouri and Ohio as it prepares to build more electric vehicles and roll out two redesigned combustion-engine models. The company says it will invest $3.

VANCOUVER — A&W plans to open the first trial of UK-based chain Pret A Manger this summer in Vancouver after signing an agreement granting the restaurant chain with master franchisor rights in Canada.