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National Business
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Nutrien takes $587-million loss on phosphate fertilizer impairment charge
SASKATOON — Nutrien Ltd. is reporting a third-quarter net loss of US$587 million thanks mainly to an US$823-million writedown in the value of its phosphate fertilizer operations. The Saskatoon-based company, which reports its results in U.S.
Nov 2, 2020 6:18 PM
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Recipe for relaunching aerospace sector missing public support, sector report says
MONTREAL — The aerospace industry is calling for government funding to help it weather the turbulence caused by the COVID-19 pandemic, even as some in the sector say it must also work to change public perceptions and rally taxpayers to its cause.
Nov 2, 2020 6:18 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 (15,696.87, up 116.23 points.) Enbridge Inc. (TSX:ENB). Energy. Down 30 cents, or 0.82 per cent, to $36.41 on 7.4 million shares.
Nov 2, 2020 5:30 PM
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North American markets rebound from last week's losses on eve of U.S. election
TORONTO — On the eve of the U.S. election, North American stock markets rebounded from last week, which saw the largest decrease since the pandemic-related correction in March. Some observers believe the shift is tied to U.S.
Nov 2, 2020 5:14 PM
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Dorel shares climb after company reveals plan to go private
TORONTO — Dorel Industries Inc. stock gained nearly five per cent Monday after the company announced a going-private deal with a group led by Cerberus Capital Management and the family that controls the consumer products company.
Nov 2, 2020 4:30 PM
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'Darwinian moment:' Pandemic pushes some Canadian companies to thrive, others to fail
With the threat of extinction hanging heavy over companies during the pandemic, a top tech executive says we're having a "Darwinian moment" that will see some firms emerge stronger while others will succumb to difficult conditions.
Nov 2, 2020 4:21 PM
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Johnny Depp loses UK libel case over 'wife-beater' claims
LONDON — Johnny Depp lost his high-stakes libel case Monday against The Sun tabloid newspaper for labelling him a “wife beater,” as a British judge said he believed the actor had abused ex-wife Amber Heard to such an extent that she frequently feared
Nov 2, 2020 2:47 PM
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Iamgold suspends activity at Quebec underground gold mine after 'seismic event'
TORONTO — Iamgold Corp. says it has shut down operations at its Westwood underground gold mine in southern Quebec following a "seismic event" on Friday afternoon.
Nov 2, 2020 1:50 PM
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Rocky Mountain Dealerships strikes go-private deal that values it at $135 million
CALGARY — Publicly traded Rocky Mountain Dealerships Inc. says it has struck a deal with its chairman and CEO through which it will become a private company.
Nov 2, 2020 12:47 PM
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BRP, Arctic Cat reach global settlement over patent dispute between snowmobile rivals
VALCOURT, Que. — Bombardier Recreational Products Inc. and Arctic Cat say they have reached a global settlement to ongoing intellectual property disputes between the two makers of snowmachines.
Nov 2, 2020 12:39 PM
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