National Business

TORONTO — Ailing toy retailer Mastermind GP Inc. says it has reached a deal to sell the bulk of its business to a company representing three big names in the Canadian retail world.

GATINEAU, Que. — The Competition Bureau has been granted an order by the Federal Court of Canada requiring Rogers Communications Inc. to produce records related to an investigation into the company's Infinite wireless phone plans.

VANCOUVER — The Real Estate Board of Greater Vancouversays home sales ticked up last month as the continued increase of newly listed properties has given prospective homebuyers in the region among the largest selection to choose from since 2021.

WINNIPEG — Canada Life has signed a partnership deal with online mortgage company Nesto that will see the company take over the service and administration of the insurer's residential mortgage customers starting in January.

TORONTO — DesRosiers Automotive Consultants Inc. says new car sales in November soared 20.7 per cent compared with last year, as vehicle supply improves.

MONTREAL — Payment technology company Nuvei Corp. has signed a partnership agreement with Microsoft Corp. Financial terms were not immediately available.

TORONTO — Brookfield Asset Management Ltd. says its deal for Australia's Origin Energy Ltd. has failed to achieve the required shareholder support.

TORONTO — `Russel Metals Inc. has signed a deal to buy seven service centre locations from Samuel, Son & Co. Ltd. for about $225 million. The agreement covers five locations in Western Canada and two in the United States.

LONDON (AP) — Spotify says it's axing 17% of its global workforce, the music streaming service's third round of layoffs this year as it moves to slash costs while focusing on becoming profitable.

Canada's telecom sector faced a significant shakeup in 2023 after Industry Minister François-Philippe Champagne handed down a mandate requiring the CRTC to prioritize consumer rights, affordability, competition and universal access.