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National Business

MEC to lay off fewer employees than planned with one store to close, say new owners

MEC to lay off fewer employees than planned with one store to close, say new owners

VANCOUVER — Mountain Equipment Co-op says it will be letting go of fewer employees than previously planned with just one store set to close following its takeover by a U.S. private investment firm.
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National employment numbers for September from Statistics Canada, at a glance

National employment numbers for September from Statistics Canada, at a glance

OTTAWA — A quick look at Canada's September employment data (numbers from the previous month in brackets): Unemployment rate: 9.0 per cent (10.2) Employment rate: 59.1 per cent (58.0) Participation rate: 65.0 per cent (64.
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Here's a quick glance at unemployment rates for September, by Canadian city

Here's a quick glance at unemployment rates for September, by Canadian city

OTTAWA — The national unemployment rate was 9.0 per cent in September. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
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COVID-19 takes bite out of MTY revenues but third-quarter profits remain stable

COVID-19 takes bite out of MTY revenues but third-quarter profits remain stable

MONTREAL — MTY Food Group Inc. reported stable earnings in the third quarter despite lower revenues caused by the impact of COVID-19.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,534.54, up 106.24 points.) Toronto-Dominion Bank (TSX:TD). Financials. Down 70 cents, or 1.10 per cent, to $62.71 on 8.
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North American stock markets rise on hope U.S. stimulus deal will come together

North American stock markets rise on hope U.S. stimulus deal will come together

TORONTO — North American markets closed higher Thursday as energy stocks rose and U.S. investors digested more news about a potential stimulus deal.
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Analyzing Trump's illness is humbling for media's med teams

Analyzing Trump's illness is humbling for media's med teams

NEW YORK — Here's an assignment to humble even the most confident doctor: Assess a patient's condition before millions of people without being able to examine him or see a complete medical chart.
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Five things to know about Ford's electric investment from Ontario, federal government

Five things to know about Ford's electric investment from Ontario, federal government

The federal and Ontario governments announced on Thursday they will each spend $250 million to help Ford Canada mass produce electric vehicles in Oakville, Ont.
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Air Canada raises nearly $500 million by selling, leasing back nine Boeing 737 Max 8s

Air Canada raises nearly $500 million by selling, leasing back nine Boeing 737 Max 8s

MONTREAL — Air Canada has raised nearly $500 million by selling and leasing back nine aircraft to help offset the cash drain from COVID-19.
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England's big northern cities braced for more lockdown curbs

England's big northern cities braced for more lockdown curbs

LONDON — The British government is mulling fresh restrictions on everyday life in England, potentially in the big northern cities such as Liverpool and Manchester, amid mounting fears that hospitals in coronavirus hot spots may soon be overwhelmed by
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