National Business

NEW YORK (AP) — Members of the Nordstrom family with the help of a Mexican retail group are offering to take the century-old department store private for $3.76 billion, months after first expressing interest in a buyout.

TORONTO — Toronto saw the most tech job gains of any North American market over the last five years as demand for artificial intelligence skill sets rose, a new report says.

WINNIPEG — The Manitoba government is looking at ways to increase monitoring and surveillance of garbage trucks and landfills following the slayings of four Indigenous women whose remains were dumped in trash bins.

TORONTO — Some Canadian banks say they're starting to question how aggressively they go after mortgage customers amid intense competition.

OTTAWA — The Bank of Canada may adjust the pace of interest rate cuts if warranted, governor Tiff Macklem said after announcing a third consecutive interest rate cut.

CALGARY — Calgary Mayor Jyoti Gondek says the city can no longer afford its long-sought Green Line light rail transit project after the Alberta government announced it's pulling funding from the plan in its current form.

TORONTO — The Insurance Bureau of Canada says this summer saw a record number of insurance claims driven by four major weather events and natural disasters over the span of four weeks.

The chief executive officer of Kroger insisted Wednesday that merging with rival Albertsons would allow the two supermarket companies to lower prices and more effectively compete with retail giants like Walmart and Amazon.

VANCOUVER — Greater Vancouver Realtors says home sales in the region dropped 17.1 per cent in August from a year earlier and were more than a quarter below the 10-year seasonal average.

HALIFAX — The Nova Scotia government is spending $42 million over five years to help improve access to health information through Google Cloud's search tools and artificial intelligence.