Skip to content
Join our Newsletter
VIA store 300x100
Join our Newsletter

National Business

Statistics Canada says manufacturing sales posted record gain in June

Statistics Canada says manufacturing sales posted record gain in June

OTTAWA — Canadian manufacturing sales climbed a record 20.7 per cent in June to $48.7 billion as production returned following widespread shutdowns earlier in the year, Statistics Canada reported Friday.
US industrial production up 3%; factory output up 3.4%

US industrial production up 3%; factory output up 3.4%

WASHINGTON — American industry continued to regain ground lost in the coronavirus recession last month, but production remains well below where it was before the pandemic struck.
US productivity rises 7.3% as hours worked are nearly halved

US productivity rises 7.3% as hours worked are nearly halved

SILVER SPRING, Md. — U.S. productivity rose at a 7.3% rate in the second quarter as the number of hours worked fell by nearly half, the biggest drop-off since the government started tracking the data more than 70 years ago.
US seizes virtual currency alleged to fund militant groups

US seizes virtual currency alleged to fund militant groups

WASHINGTON — The Justice Department said Thursday that it has seized millions of dollars from cryptocurrency accounts that militant groups, including al-Qaida and the Islamic State, relied on to finance their organizations and violent plots.
Freshii sees $525K net loss in second quarter amid COVID-19 pandemic

Freshii sees $525K net loss in second quarter amid COVID-19 pandemic

TORONTO — Freshii Inc. reported a roughly half-million second-quarter loss amid the COVID-19 pandemic that saw many of its restaurants temporarily close.
Stronach family settles feud that divided founder Frank and daughter Belinda

Stronach family settles feud that divided founder Frank and daughter Belinda

TORONTO — A high-profile feud among members of the Stronach family has been resolved out of court, ending a potentially messy legal drama.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,530.06, down 45.22 points) Manulife Financial Corp. (TSX:MFC). Financials. Down 16 cents, or 0.78 per cent, to $20.39 on 13.
S&P/TSX composite drops on energy sector weakness, U.S. indexes mixed

S&P/TSX composite drops on energy sector weakness, U.S. indexes mixed

TORONTO — The energy sector weighed down Canada's main stock index Thursday and south of the border, the S&P 500 continued to finish the trading day tantalizingly close to an all-time high. The S&P/TSX composite index lost 45.
As economy recovers, some Toronto restaurants commit to end tipping

As economy recovers, some Toronto restaurants commit to end tipping

TORONTO — As the Canadian economy continues to adapt to the reality of the COVID-19 pandemic, some restaurants in Toronto are saying goodbye to a service industry staple: tipping.
Don't get 'casual' about COVID, Ontario's top doctor warns amid resort outbreak

Don't get 'casual' about COVID, Ontario's top doctor warns amid resort outbreak

TORONTO — A COVID-19 outbreak at an Ontario resort earlier this month was the result of people getting "casual" with public health guidelines, the province's top doctor said Thursday. Dr.