National Business

CALGARY — Trican Well Service Ltd. says an ongoing slump in Canadian oilfield activity linked to the COVID-19 pandemic resulted in lower revenue in the fourth quarter.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (18,330.09, down 86.65 points.) Manulife Financial Corp. (TSX:MFC). Financials. Down 18 cents, or 0.73 per cent, to $24.44 on 18.

TORONTO — A falling technology sector pushed Canada's main stock index lower to offset strong bank results that lifted the heavyweight financials. "It's certainly a trend now after we had a really, really nice run up since November.

The Estee Lauder Cos Inc. has struck a deal to buy Canadian skincare company Deciem Beauty Group Inc. at a valuation of US$2.

VANCOUVER — British Columbia will permanently allow restaurants, bars and tourism operators to buy liquor at wholesale prices, a move that industry hopes will help revive the struggling sector.

OTTAWA — Bank of Canada governor Tiff Macklem says the central bank is seeing early signs that people may be purchasing homes solely because they believe prices may go up.

TORONTO — RBC and National Bank of Canada will have tough acts to follow when they report financial results on Wednesday, one day after BMO and Scotiabank said on that their businesses were better off than before the COVID-19 pandemic.

MONTREAL — Bombardier says it has been the target of a cybersecurity breach that compromised confidential information related to its employees, customers and suppliers.

TORONTO — Disney Plus is introducing viewers to its older sibling: a new streaming hub named Star.

FREDERICTON — New Brunswick's auditor general says NB Power needs to make reducing its $4.9-billion debt a priority, adding that credit rating agencies are taking notice of the utility's liabilities.