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National Business
National Business
US budget deficit eases to $165B in October, down 42%
The U.S. monthly budget deficit fell in October as the government collected more taxes from individuals and corporations thanks to a much improved economy emerging from the coronavirus pandemic.
Nov 10, 2021 12:23 PM
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Leon's Furniture Ltd. reports $63.8M-million Q3 profit, record revenue
TORONTO — Leon's Furniture Ltd. says it earned a record $63.8 million in its latest quarter, up from $49.1 million a year earlier, as revenue also set a record high.
Nov 10, 2021 12:22 PM
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Oilpatch drilling activity to rise in 2022, new PSAC forecast suggests
CALGARY — Drilling activity in the Canadian oilpatch will return to pre-pandemic levels in 2022, according to a new industry forecast.
Nov 10, 2021 11:02 AM
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'A different league:' Tim Hortons teams up with superstar Justin Bieber
Tim Hortons has teamed up with pop superstar Justin Bieber to launch three new Timbit flavours — called Timbiebs — along with co-branded merchandise.
Nov 10, 2021 10:54 AM
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Canadian Natural Resources to acquire Storm Resources for $6.28 per share
CALGARY — Canadian Natural Resources Ltd. (CNRL) says it has reached a deal to acquire Calgary-based oil and gas explorer Storm Resources Ltd. for $6.28 per share, a price that pegs Storm's enterprise value at $960 million.
Nov 10, 2021 10:29 AM
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RioCan REIT net income hit $137.6M in Q3 as businesses reopened following lockdowns
TORONTO — Lifting COVID-19 restrictions helped one of Canada's most prominent commercial landlords collect more rent in its most recent quarter than at any other point during the pandemic.
Nov 10, 2021 9:04 AM
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GM restarts truck production at Oshawa assembly plant
OSHAWA, Ont. — General Motors has restarted vehicle production at its Oshawa Assembly Plant after shutting operations down at the end of 2019.
Nov 10, 2021 8:47 AM
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CI Financial buying U.S. high-net worth investment manager Gofen and Glossberg
TORONTO — CI Financial Corp. has signed a deal to buy Gofen and Glossberg LLC, a U.S. wealth and investment management firm focused on high-net-worth families. Financial terms of the deal were not immediately available.
Nov 10, 2021 8:36 AM
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Learning language as adult not always harder, but you have to want to learn: experts
Learning a new language as an adult isn't necessarily more difficult than picking it up as a child, some linguistics and phonetics experts say. But it takes a bit more work, they add, and more desire and motivation to learn it.
Nov 10, 2021 8:26 AM
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Canadian consumer insolvencies in Q3 up from year ago as number of proposals rise
OTTAWA — The number of insolvencies in Canada in the third quarter edged up compared with the same quarter last year as the number of consumers unable to pay their bills edged higher.
Nov 10, 2021 7:52 AM
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