National Business

TORONTO — Aleafia Health Inc. says former Ontario Provincial Police commissioner and federal cabinet minister Julian Fantino is resigning from the company's board.

The pandemic increased sales of Merck medicines during the first quarter as households around the world stocked up, but the drugmaker expects a significant hit this quarter as the full force of the outbreak lands. Merck & Co.

WASHINGTON — U.S. consumer confidence plunged in April as millions lost their jobs and there was an unprecedented deterioration of an index that monitors their attitudes about current business and work conditions.

WASHINGTON — U.S home prices were rising at a steady pace in February, before the viral outbreak shuttered much of the economy and caused a sharp decline in home sales. March sales of new and existing homes then plummeted as much of the U.S.

VANCOUVER — HSBC Bank Canada reported a drop in its first-quarter profit compared with a year ago as it took a charge related to bad loans it expects due to the downturn in the economy.

RIO DE JANEIRO — Brazil is emerging as potentially the next big hot spot for the coronavirus amid President Jair Bolsonaro’s insistence that it is just a "little flu” and that there is no need for the sharp restrictions that have slowed the infection

Boeing's CEO said Monday that it will take years for the aircraft-building business to return to levels seen before the coronavirus pandemic, which has slowed air travel to a trickle and led airlines to park 2,800 jets.

MONTREAL — Canadian National Railway Co. is withdrawing its profit forecast as uncertainty fostered by the COVID-19 pandemic tears up the transportation industry playbook.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (14,642.11, up 221.75 points.) Royal Bank of Canada (TSX:RY). Financials. Up $1.75, or 2.1 per cent, to $84.95 on 10.2 million share.

TORONTO — Food delivery app Foodora is closing its Canadian operations in May, just months after a key labour board decision laid the groundwork for the company's workers to push for unionization.