National Business

OTTAWA — Canada's trade surplus with the U.S. widened in December as overall exports rose thanks in part to higher energy prices, Statistics Canada said Wednesday.

TORONTO — Canada's main stock index was up more than 150 points in late-morning trading, led by gains in industrial, utilities and technology stocks, while U.S. stock markets were mixed. The S&P/TSX composite index was up 153.52 points at 25,432.

TORONTO — The Toronto Regional Real Estate Board says it is forecasting a 12.4 per cent increase in home sales for 2025, with 76,000 properties changing hands throughout the region as lower borrowing costs lead to improved affordability.

Canada Mortgage and Housing Corp. is forecasting a rebound in home sales and prices this year as homebuyers take advantage of improved borrowing conditions, but says its outlook is clouded by the threat of widespread tariffs from the U.S.

NEW YORK (AP) — Eugene Levy's trademark eyebrows fly off for Little Caesars. A tongue dances to Shania Twain to promote Nestle's Coffee Mate Cold Foam. And Meg Ryan and Billy Crystal reunite at Katz's Deli in an ad for Hellmann's.

NEW YORK (AP) — Eugene Levy's trademark eyebrows fly off for Little Caesars. A tongue dances to Shania Twain to promote Nestle's Coffee Mate Cold Foam. And Meg Ryan and Billy Crystal reunite at Katz's Deli in an ad for Hellmann's.

HONG KONG (AP) — The U.S. Postal Service is reversing course a day after placing a ban on all inbound mail and packages from China and Hong Kong.

OTTAWA — Prime Minister Justin Trudeau will host a Canada-U.S. economic summit in Toronto on Friday, days after President Donald Trump said he would hold off on his threatened tariffs against Canada for a month.

NEW YORK (AP) — Tech stocks are leading Wall Street lower as attention swings back toward how much profits companies are making and away from President Donald Trump’s tariffs. The S&P 500 fell 0.

OTTAWA — As U.S. President Donald Trump continues to hold out the threat of steep tariffs on Canadian imports, the federal trade minister is citing new trade deals with Ecuador and other nations