National Business

TORONTO — BMO Financial Group put aside a hefty amount of money again to protect itself from bad loans, but still managed to beat expectations and post a $1.23-billion profit in its latest quarter.

TORONTO — Optimism in the wake of positive signs for relief from the pandemic-induced economic slump powered markets higher in both Canada and the United States on Monday.

TORONTO — Flight Centre Travel Group Inc. has reached a $7-million settlement in a proposed class action lawsuit against it by its Canadian travel agents.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,626.64, up 108.79 points) SOPerior Fertilizer Corp. (TSX:SOP). Materials. Up 0.5 cents, or 12.5 per cent, to 4.5 cents on 11.

TORONTO — The economic recovery from the COVID-19 pandemic will take longer than originally expected, with British Columbia among the provinces best positioned to rebound, the Conference Board of Canada suggests.

ANCHORAGE, Alaska — A proposed gold and copper mine at the headwaters of the world’s largest sockeye salmon fishery in Alaska would cause “unavoidable adverse impacts,” the U.S.

MONTREAL — Air Canada had the second-highest number of complaints about refunds to the U.S. Department of Transportation of any airline in May.

When the COVID-19 pandemic struck, trucker Dave Wye had to think long and hard about whether he was willing to stay on the front lines. The 54-year-old, a second-generation long-haul driver from Windsor, Ont.

OTTAWA — Statistics Canada says early estimates for July suggest manufacturing sales growth slowed to 8.7 per cent for the month. The agency's flash estimate for the month is part of an effort to provide more timely economic data.

SEOUL, Korea, Republic Of — South Korea counted its 11th straight day of triple-digit daily jumps in coronavirus cases Monday and health officials pleaded for people to follow guidelines or risk further restrictions or strains on hospitals.