National Business

The Canadian Real Estate Association expects the national average home price will rise 9.1 per cent to $620,400 in 2021, in one of the most optimistic forecasts yet for the real estate sector.

OTTAWA — The Canada Revenue Agency says it is introducing a simplified process to claim up to $400 in office expenses for Canadians working from home during the COVID-19 pandemic.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (17,506.48, up 119.08 points.) Suncor Energy Inc. (TSX:SU). Energy. Down 20 cents, or 0.87 per cent, to $22.88 on 8.7 million shares.

OTTAWA — Canada's top central bank warned Tuesday that this country will face a fight to retain and attract top talent when the White House gets a new occupant next month. Protectionist policies and attitudes stemming from U.S.

TORONTO — North American stock markets enjoyed a broad-based rally Tuesday as improving U.S. stimulus hopes helped to increase gold prices and the materials sector. "Fiscal negotiations in the U.S.

CALGARY — Shareholders of two rival energy companies voted in favour of joining forces on Tuesday, clearing the way for Cenovus Energy Inc.'s multi-billion dollar takeover of Husky Energy Inc.

MONTREAL — Transat AT Inc.’s shareholders overwhelmingly approved a revised purchase offer from Air Canada despite the disclosure of a late and higher-priced competing bid.

Canadian home sales rose 32.1 per cent in November compared with the same month last year, matching the record-breaking year-over-year increase seen in October, the Canadian Real Estate Association said on Tuesday.

LONDON — Big tech companies face hefty fines in the European Union and Britain if they treat rivals unfairly or fail to protect users on their platforms, in proposed regulations unveiled Tuesday by officials in Brussels and London.

MONTREAL — Videotron says it is gradually launching its fifth-generation wireless network in Montreal before adding other regions of Quebec. The deployment over the next few years will be done in collaboration with Samsung.