National Business

TORONTO — The national office vacancy rate in Canada climbed in the second quarter to its highest level since 1994, according to a report by commercial real estate firm CBRE. The firm said Tuesday that the national office vacancy rate rose to 18.

LONDON (AP) — Meta is poised to unveil a new app that appears to mimic Twitter — a direct challenge to the social media platform owned by Elon Musk .

HANOI, Vietnam (AP) — Vietnam's state media have reported that the government banned distribution of the popular “Barbie” movie because it includes a view of a map showing disputed Chinese territorial claims in the South China Sea.

CALGARY — Paramount Resources Ltd. says it expects its average sales volumes for the first half of 2023 will come in below its earlier guidance as it works to restore the last of the production that was put on hold due to the Alberta wildfires.

Alberta Premier Danielle Smith says the ongoing strike at British Columbia ports could cause "substantial economic harm" in Alberta and across Canada. Port workers across B.C.

TORONTO — When Shane Battier was drafted by the Memphis Grizzlies in 2001 no one was talking about business in the NBA's locker-rooms or clubhouses.

NEW YORK (AP) — Stocks drifted higher Monday as momentum slowed on Wall Street following a powerful rally to start the year. The S&P 500 edged up 0.1%, rising to its highest level since April 2022. The Dow rose less than 0.1%.

KELOWNA — Emergency crews in Kelowna, B.C., say they're still working to contain a wildfire on Knox Mountain that spurred an evacuation of area residents on Canada Day.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Markets closed Canadian markets are closed Monday this year because Canada Day lands on the Saturday. U.S.

TORONTO — The construction industry is short tens of thousands of workers, and experts say a coming wave of retirements could make the problem worse even as Canada is millions of homes behind what's needed to reach housing affordability this decade.