National Business

Home sales in the Greater Vancouver area hit their lowest levels in nearly 40 years in April due to the COVID-19 pandemic, and experts say buyers can expect price declines to eventually follow. The sales total of 1,109 homes was 62.

SOAVE, Italy — Luxury sports carmaker Ferrari on Monday lowered its full-year earnings guidance significantly due to the COVID-19 pandemic, and acknowledged that the new outlook assumes a sharp recovery in the second half of the year.

TORONTO — Canadian equities were the worst performing traditional asset category in the first quarter, according to a report that sizes up the financial impact of the COVID-19 pandemic and concurrent decline in world oil prices during the first three

BRAMPTON, Ont. — MDA has signed a contract worth $190 million to support robotic operations on the International Space Station (ISS).

NEW YORK — The owner of J.Crew is filing for bankruptcy protection, the first major retailer to do so since the pandemic forced most stores in the United States to close.

TORONTO — De Havilland Aircraft of Canada Ltd. has started a phased return-to-work plan after it suspended manufacturing operations in March due to the pandemic. The company says 100 employees are back on the job.

TORONTO — Canopy Rivers Inc. says it has made a $2-million investment in Dynaleo Inc., an Edmonton-based company focused on edible cannabis gummies.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Air Canada earnings Air Canada will hold a conference call to discuss its first-quarter results on Monday.

VANCOUVER — Last year, more than 2,000 shoppers descended on a Toronto pop-up store, looking for deals at undergarment maker Knix's first warehouse sale.

REGINA — Saskatchewan's chief medical health officer says a rapidly spreading outbreak of COVID-19 in a northern community is concerning. Dr.