National Business

TORONTO — North American stock markets partially recovered from Friday's steep plunge as crude oil prices rebounded on hopes that the latest COVID variant won't result in new lockdowns.

CALGARY — Jerry Kamphuis wants his longtime, loyal customers to get first priority this year when it comes to a Christmas turkey. The owner of Country Lane Farms, near Strathmore, Alta.

OTTAWA — The governor of the Bank of Canada says the central bank must do more to create meaningful economic opportunities for Indigenous Peoples in Canada.

TORONTO — The emergence of a new COVID-19 variant has Canada's travel industry bracing for an influx of customer concerns and worried about whether the sector's recent rebound will be put on hold again.

NEW YORK — Twitter co-founder Jack Dorsey, who was the social platform's first CEO in 2007 until he was forced out the following year, then returned to the role in 2015, is once again out of the job — this time, he says, by choice.

CALGARY — Vermilion Energy Inc.

REGINA — Saskatchewan's latest financial report says drought, wildfires and the COVID-19 pandemic have heavily contributed to what is projected to be a record deficit. The mid-year report released Monday shows a deficit of $2.

BEIJING — Stock indexes are edging higher on Wall Street Monday as markets regain their footing following a big stumble on Friday on worries about the spread of the new variant of the coronavirus. The S&P 500 rose 0.8% as of 10:49 a.m. Eastern.

Canadians should experience the fastest drop in gasoline prices in nearly 13 years on Sunday as fears about a virulent new COVID-19 variant are expected to provide a break of 11 cents per litre at the pumps.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Bank earnings: Canada’s big banks are set to report earnings this week, with Scotiabank kicking things off on Tuesday, followed by RBC and National Bank on Wednesda