National Business

After years of treating President Donald Trump's inflammatory rhetoric with a light touch, Facebook and Instagram are silencing his social media accounts for the rest of his presidency.

TORONTO — Outgoing U.S. President Donald Trump's stores were taken off-line by Shopify Inc. on Thursday, as the country grappled with the role he played in inciting violence that erupted at the Capitol building the day before.

TORONTO — Stock markets across North America, including Canada's main index, surged to record highs Thursday on anticipation that a Democratic electoral sweep in the U.S. will result in greater stimulus spending.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (18,027.57, up 199.46 points.) Cenovus Energy Inc. (TSX:CVE). Energy. Up 12 cents, or 1.41 per cent, to $8.61 on 13.4 million shares.

TORONTO — A record number of Toronto homes priced over $3 million sold last year, Re/Max said in a report this week, even as amid the economic downturn during the COVID-19 pandemic.

FRANKFURT — Daimler's Mercedes-Benz has unveiled a key interior component of its upcoming electric luxury sedan: a large, curved screen that sweeps across almost the entire width of the car in the place of a conventional dashboard.

TORONTO — An environmental coalition is appealing to Ontario teachers to pressure their pension fund to divest from companies that develop or transport fossil fuel products.

TORONTO — Chief economists from Canada's big banks expect the economy to rebound this year, but say failing to control COVID-19 or get vaccines into arms could upend that recovery.

SILVER SPRING, Md. — The U.S. services sector, where most Americans work, grew for the seventh consecutive month in December even as coronavirus cases surged through the holidays.

OTTAWA — The country's merchandise trade deficit fell to $3.3 billion in November as gold exports rose and imports pulled back, Statistics Canada said Thursday. The result for November followed a revised deficit of $3.