National Business

CALGARY — Slower growth in domestic fossil fuel consumption is expected over the next 20 years as Canadians use more renewable energy and cut their energy use per capita, according to a new forecast from the Canada Energy Regulator.

TORONTO — A group is seeking to appeal a November ruling that upheld the City of Toronto's rules for the Airbnb-type rentals.

VANCOUVER — The Real Estate Board of Greater Vancouver says home sales returned to around historically typical levels in November after a quieter first half of the year. The board says 2,498 homes sold in the month for a 55.

TORONTO — The Bank of Montreal's fourth-quarter profit fell to $1.19 billion as it was hit by a restructuring charge related primarily to severance that will affect about five per cent of its global workforce.

BEIJING — The founder of Huawei says the Chinese tech giant is moving its U.S. research centre to Canada due to American sanctions on the company.

Cleveland-Cliffs will buy AK Steel in a stock deal valued at about $1.1 billion.

When Jordann Brown was a student, she once was so caught up with exam season that she forgot to get her Christmas gifts in the mail ahead of the holidays.

CALGARY — Oilsands giant Suncor Energy Inc. says it will keep capital spending related to its oil operations flat next year while moving forward with a new $300-million wind power project in southern Alberta.

MONTREAL — Canadian National Railway Co. cut its profit forecast Tuesday in the wake of an eight-day strike by 3,200 workers that brought the railway to a near halt.

TORONTO — Endeavour Mining Corp. is offering to buy Centamin PLC in a stock-swap deal that values the gold miner at roughly $2.5 billion, based on stock values just prior to the announcement.