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National Business
National Business
TSX outpaces U.S. stock markets on lift from commodities while tech under pressure
TORONTO — Commodities propelled Canada's main stock index to bounce back and outpace U.S. stock markets even as the Dow Jones industrial average hit an all-time high. The S&P/TSX composite index closed up 122.71 points to 19,310.
May 5, 2021 2:00 PM
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Montreal home sales see record April but the market is not accelerating: QPAREB
MONTREAL — The Quebec Professional Association of Real Estate Brokers says April set a new record for Montreal area home sales, but it shouldn't be viewed as an acceleration in the market because the COVID-19 pandemic is skewing comparisons.
May 5, 2021 2:00 PM
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Dependent on social media's marketing power, small businesses worry over iOS changes
TORONTO — Like many small business owners, Siuleen Leibl relies on marketing through apps like Facebook and Instagram to reach more customers.
May 5, 2021 1:38 PM
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Oshawa assembly plant restart ahead of schedule, GM Canada says
OSHAWA, Ont. — General Motors Canada says it will restart production at its assembly plant in Oshawa, Ont., ahead of schedule, after a healthy demand for trucks and a shift to electric vehicles saved the location from a planned closure.
May 5, 2021 1:37 PM
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Plan to restart idled Northern Pulp mill in Nova Scotia to be redrafted: company
HALIFAX — The owners of an idled pulp mill in northern Nova Scotia say their plans for a new effluent treatment facility have been withdrawn from the province's environmental assessment process.
May 5, 2021 12:40 PM
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Facebook board upholds Trump ban, just not indefinitely
Former President Donald Trump won’t return to Facebook — at least not yet. Four months after Facebook suspended Trump's accounts, having concluded that he incited violence leading to the deadly Jan.
May 5, 2021 12:36 PM
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Barrick Gold expects growing exposure to copper as price escalation boosts Q1 profits
TORONTO — The CEO of Barrick Gold Corp. says copper stands to grow in importance for the world's second-biggest gold miner after 10-year-high prices for copper bolstered its first-quarter earnings.
May 5, 2021 11:50 AM
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G-7 calls out China over rights at virus-shadowed meeting
LONDON — Foreign ministers from the Group of Seven wealthy industrialized nations on Wednesday accused China of human rights abuses and economic mischief, but offered little concrete action to deal with an increasingly forceful Beijing.
May 5, 2021 11:47 AM
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Loblaw's winning streak extends but sales may flatten compared with pandemic's onset
Loblaw Companies Ltd.'s year-long pandemic winning streak marked by surging sales and profits appears poised to level off as the supermarket giant starts comparing results against the panic-buying gains recorded at the outset of the pandemic.
May 5, 2021 11:29 AM
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Outdoor retailers struggle to stock tents, backpacks ahead of second COVID summer
David Keay’s outdoor store anticipated campers would shop early for tents this season, so he stocked up heavily in February to prepare as best it could. But the inventory didn’t even last the month.
May 5, 2021 11:01 AM
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