National Business

Wyndham Hotels & Resorts rejected an unsolicited $8 billion buyout offer from Choice Hotels, a smaller chain that went public Tuesday with its bid after negotiations broke down.

OTTAWA — Canada's inflation rate edged down to 3.8 per cent last month as price pressures eased across the economy, setting the stage for the Bank of Canada to hold its key interest rate steady next week, economists say.

MONTREAL — Supremex Inc. is closing a facility in Saint-Hyacinthe, Que., that it acquired earlier this year as part of Impression Paragraph Inc. The company says production at the location will be transferred to its facilities in the Montreal area.

WARSAW, Poland (AP) — The opposition leader who won Poland's parliamentary election, Donald Tusk, appealed to the nation's president Tuesday for “energetic and fast decisions” so that a new government could be formed quickly.

When Miguel Martin first visited Bevo Agtech Inc.’s Langley, B.C., greenhouse, he saw potential bursting from every corner. Hundreds of trays of tomato seedlings stretched away under the glow of LED lights.

OTTAWA — Canada's annual inflation rate was 3.8 per cent in September, Statistics Canada says.

OTTAWA — Canada's national annual inflation rate was 3.8 per cent in September, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 4.1 per cent (3.8) — Prince Edward Island: 2.

TORONTO — TD Bank Group says its stake in Charles Schwab Corp. is expected to translate into $156 million of reported equity in net income for its fourth quarter.

TORONTO — KPMG in Canada says almost 60 per cent of small- and medium-sized businesses across the country have been affected by extreme weather events this year.

CALGARY — A wave of high-profile mergers and acquisitions in the Canadian oilpatch is a sign of an industry that is flush with cash and increasingly confident in the short- and medium-term outlook for fossil fuels, experts say.