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National Business
National Business
Flash estimate shows manufacturing sales up 0.6 per cent in October
OTTAWA — Statistics Canada says a preliminary estimate shows manufacturing sales rose 0.6 per cent in October. The agency says the growth came due to higher sales in the petroleum and coal products, paper, primary metals and wood products industries.
Nov 24, 2020 9:26 AM
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Loral Space & Communications to combine with Telesat to form new company
TORONTO — Loral Space & Communications Inc. has signed a deal with the Public Sector Pension Investment Board and Telesat Canada to combine Loral and Telesat into a new public company. Loral, which also announced a special dividend of $1.
Nov 24, 2020 9:20 AM
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US home price gains accelerate as pandemic shakes up housing
WASHINGTON — U.S. home prices jumped in September as strong demand, low interest rates and the smallest number of available homes on record combined to push up housing costs.
Nov 24, 2020 9:06 AM
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Awaiting Yellen at Treasury: Yet another daunting crisis
WASHINGTON — Janet Yellen is in line for another top economic policy job — just in time to confront yet another crisis.
Nov 24, 2020 12:01 AM
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Small businesses seek changes to Ontario lockdown rules as big box stores remain open
TORONTO — Long before the first snowflake has hit the ground in Toronto, Catherine Choi is already planning for the holiday season. It's the busiest sales period for her trio of Hanji Gift shops, but this time, they'll be closed.
Nov 23, 2020 9:20 PM
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Suncor agrees to begin operating Syncrude by end of next year
CALGARY — Suncor Energy Inc. says it has agreed to become the operator of the Syncrude project by the end of 2021, as long as each of the joint venture's owners grants formal approval. Suncor owns a 58.
Nov 23, 2020 7:28 PM
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China launches mission to bring back material from moon
WENCHANG, China — China launched an ambitious mission on Tuesday to bring back rocks and debris from the moon’s surface for the first time in more than 40 years — an undertaking that could boost human understanding of the moon and of the solar system
Nov 23, 2020 7:04 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (17,094.53, up 75.43 points) Suncor Energy Inc. (TSX:SU). Energy. Up $1.75, or 8.68 per cent, at $21.92 on 19.79 million shares.
Nov 23, 2020 6:20 PM
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GM flips to California's side in pollution fight with Trump
DETROIT — General Motors is switching sides in the legal fight against California's right to set its own clean-air standards, abandoning the Trump administration as the president's term nears its close.
Nov 23, 2020 5:54 PM
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Obsidian Energy shareholders approve stock issuance in pursuit of Bonterra takeover
CALGARY — Obsidian Energy Ltd. says shareholders have voted to approve its proposal to issue up to 72.3 million shares to buy Bonterra Energy Corp. in a hostile takeover. The Calgary-based oil and gas producer says 91.
Nov 23, 2020 5:42 PM
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