National Business

DOVER, Del. (AP) — A Delaware judge on Monday halted a lawsuit filed by basketball legend Julius Erving against a brand-development and marketing company, ruling that the dispute must go to arbitration.

OTTAWA — A new report by Canada Mortgage and Housing Corp. says government alone can't solve the country's housing affordability challenges.

TORONTO — Canada's main stock index was down by more than 150 points or 0.8 per cent Monday, weighed down by losses in energy, financials, utilities and metals, while U.S. indexes tumbled by more than 1.5 per cent.

NEW YORK — A broad slide on Wall Street left stocks lower Monday as global financial markets reacted to protests in China calling for President Xi Jinping to step down amid growing anger over severe COVID-19 restrictions. The S&P 500 fell 1.

OTTAWA — A wireless communications specialist says Freedom Mobile under Videotron Ltd. would be a strong competitor in the telecom market as the hearing on Rogers Communications Inc.'s $26-billion proposed takeover of Shaw Communications Inc.

TORONTO — A lawyer representing Ontario's securities regulator says three former executives whose cannabis company was caught growing pot in unlicensed rooms were in positions to disclose the improper growing but didn't.

TORONTO — Canada’s Indo-Pacific strategy is a good first step, but more details are needed on how the country can close gaps at home that could impede the strategy’s success, the Canadian Chamber of Commerce says.

Cryptocurrency lender BlockFi is filing for Chapter 11 bankruptcy protection as the fallout from the collapse of crypto exchange FTX spreads outward.

HALIFAX — The opening days for two of Canada's largest and most profitable lobster fisheries have been delayed because of bad weather.

OTTAWA — Early data for Black Friday suggest a mixed bag for online sales as inflation hits shoppers ahead of the holiday season. Shopify Inc.