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National Business
National Business
CRTC chair says lack of access to telephone poles is slowing spread of internet
OTTAWA — Canada's internet network companies seem to be having difficulty getting timely, affordable access to telephone poles in underserved parts of the country.
Nov 3, 2020 5:03 PM
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Market debut of Chinese e-finance giant Ant Group postponed
HONG KONG — The planned stock market debut of the world's biggest online finance company, Ant Group, was suspended in Shanghai and Hong Kong on Tuesday, disrupting a record-setting $34.
Nov 3, 2020 4:48 PM
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Car and truck sales down 2.1 per cent in October amid shortages, pandemic measures
TORONTO — Canadian dealerships sold 156,095 cars and trucks in October, down 2.1 per cent from the previous year, according to DesRosiers Automotive Consultants Inc.
Nov 3, 2020 4:46 PM
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Ontario launching new colour-coded system for COVID restrictions
TORONTO — Ontario revealed a new tiered system for COVID-19 restrictions on Tuesday, saying it will help fight the pandemic at a regional level, but critics said the framework prioritized the economy over public health.
Nov 3, 2020 4:40 PM
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New Thomson Reuters chief executive pushing to reduce organization's complexity
TORONTO — Thomson Reuters's chief executive said Tuesday that the company has performed well through the COVID-19 crisis, but he's eager to make further improvements going into next year.
Nov 3, 2020 2:57 PM
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Waterous Energy Fund to bid $126 million to increase Osum Oil Sands stake to 85%
Calgary-based Waterous Energy Fund says it intends to launch a formal takeover bid for private junior oilsands producer Osum Oil Sands Corp. to raise its ownership stake to 85 per cent. The private fund is offering to buy to 52.
Nov 3, 2020 2:30 PM
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Canadian railways set monthly record by moving 6.3 million tonnes of grain in October
CALGARY — Canada's two largest railways transported a record monthly total of 6.3 million tonnes of Canadian grain in October. Montreal-based CN Rail ended the month moving 3.27 million tonnes while Canadian Pacific Railway shipped 3.
Nov 3, 2020 1:58 PM
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Vancouver housing market posts second-best October on record as sales rise 29%
Vancouver home sales were up 29 per cent compared with a year ago in October, making it the second-best October on record, the Real Estate Board of Greater Vancouver said Tuesday.
Nov 3, 2020 1:52 PM
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Saskatoon-based firm takes US$587M loss on phosphate fertilizer plants writedown
SASKATOON — Strong growth in global food demand combined with promising harvest and fertilizing plans in the United States and elsewhere around the world bode well for Nutrien Ltd. going into 2021, chief executive Chuck Magro says.
Nov 3, 2020 1:40 PM
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Cruise industry throws in the towel on 2020, looks to 2021
SILVER SPRING, Md. — The cruise industry has jettisoned hopes of restarting operations this year.
Nov 3, 2020 1:17 PM
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