National Business

MONTREAL — Lion Electric Co. is opening the door to a possible sale of the company as the electric bus maker struggles to staunch an ongoing cash bleed.

The Canadian dollar will remain weak through at least the end of this year, some experts say, though a rebound could come in 2025. After falling to a four-year low last week, the loonie was up slightly Monday at 71.18 cents US.

SHERBROOKE, P.E.I. — RCMP say they seized more than 80 goats and two sheep from an owner who had been letting the animals roam free on a neighbouring property in Prince Edward Island.

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in October rose eight per cent compared with September.

VANCOUVER — Orla Mining Ltd. has signed a deal to buy the Musselwhite gold mine in Ontario from Newmont Corp.

Spirit Airlines said Monday that it has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel and a failed attempt to sell the airline to JetBlue. Spirit, the biggest U.S.

TORONTO — The shine on CanLit's glitziest night has dulled, at least according to some, amid sustained backlash against the Giller Foundation for maintaining ties with lead sponsor Scotiabank and other funders linked to Israel.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Postal strike Canada Post was hit by a strike Friday after failing to reach a new contract with about 55,000 workers represented by the Canadian Union of Postal Wor

TORONTO — The latest inflation reading due out Tuesday from Statistics Canada is expected to show a slight uptick for the month of October — but economists say the measure is still on a longer-term downward trend.

In June of this year, a new company called Nations Royalty Corp. began trading on the TSX Venture Exchange.