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National Business
National Business
Newcrest Mining to list shares on Toronto exchange as Americas investments multiply
TORONTO — Australian miner Newcrest Mining Ltd. says it has conditional approval to list its shares on the Toronto Stock Exchange, a move designed to increase its exposure to North American investors.
Oct 6, 2020 4:12 PM
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Town thrown into uncertainty as union braces for layoffs at Newfoundland refinery
COME BY CHANCE, N.L. — At the Kwik-Way convenience store in Arnold’s Cove, N.L., Holly Hapgood has to turn her head away to hide the tears as she talks about news of impending layoffs and possible closure at the nearby oil refinery in Come by Chance.
Oct 6, 2020 3:38 PM
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Toronto home sales surged 42 per cent to set new September record
Toronto's housing market saw its best September on record as pent-up demand and rock bottom borrowing costs supercharged sales despite the ongoing COVID-19 pandemic.
Oct 6, 2020 2:48 PM
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Bonterra board of directors says Obsidian takeover bid more of a 'take-under' bid
CALGARY — Bonterra Energy Corp. says a hostile buyout offer by Calgary-based rival Obsidian Energy Ltd. is more of a "take-under" than takeover bid because it's out of step with its market value.
Oct 6, 2020 2:23 PM
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Lumber, panel prices expected to remain elevated despite recent declines
CALGARY — Forest product market analysts expect prices for lumber and building panels in North America will remain strong for several years despite recent price declines after an unprecedented surge to record high levels over the summer.
Oct 6, 2020 1:22 PM
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Highlights of the British Columbia NDP's election platform
VANCOUVER — Highlights of the British Columbia NDP's platform in the Oct.
Oct 6, 2020 1:10 PM
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Surging appliance sales cause shortages ahead of business holiday shopping season
Appliance stores are grappling with a double whammy of surging demand and supply chain problems, resulting in mounting backorders ahead of the busiest shopping season of the year.
Oct 6, 2020 1:05 PM
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Boeing says pandemic will cut demand for planes for a decade
Boeing is lowering its expectations around demand for new planes over the next decade as the coronavirus pandemic continues to undercut air travel.
Oct 6, 2020 11:33 AM
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IMF head says global economy facing long climb to recovery
WASHINGTON — The head of the International Monetary Fund says that the global economy has started on a long climb to stronger growth with prospects looking a little better than four months ago.
Oct 6, 2020 11:32 AM
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US trade deficit up to $67.1 billion in August, 14-year high
WASHINGTON — The U.S. trade deficit rose in August to the highest level in 14 years. The Commerce Department reported Tuesday that the gap between the goods and services the United States sells and what it buys abroad climbed 5.9% in August to $67.
Oct 6, 2020 11:31 AM
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