National Business

WASHINGTON — Construction of new U.S. homes surged 22.6% last month as homebuilders bounced back from a lull induced by the coronavirus pandemic. The Commerce Department reported Tuesday that new homes were started an annual pace of nearly 1.

TORONTO — Horizon North Logistics Inc. says that Rod Graham is stepping down as co-chief executive and president of modular solutions.

ANCHORAGE, Alaska — The Trump administration gave final approval Monday for a contentious oil and gas leasing plan on the coastal plain of Alaska's Arctic National Wildlife Refuge, where critics worry about the industry's impact on polar bears, carib

The Trump administration is further tightening restrictions on China’s Huawei, seeking to starve it of crucial components by cutting off all access to U.S. technology.

MONTREAL — The Quebec and Ontario governments are asking Ottawa to intervene in the Montreal port strike, which entered its second week Monday.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,656.12, up 141.51 points) Enbridge Inc. (TSX:ENB). Energy. Down 11 cents, or 0.25 per cent, to $43.42 on 15.52 million shares.

TORONTO — Canada's main stock index posted a triple-digit advance to start the week as the price of gold soared by nearly US$50, boosting the mining-heavy materials sector. The S&P/TSX composite index rose 141.51 points to 16,656.12.

CALGARY — Shares in Suncor Energy Inc. fell Monday after it reported it will be early September before bitumen production resumes at its base oilsands mining operation in Fort McMurray, Alta., following a fire on Friday.

HAMILTON — The Canadian Centre for Occupational Health and Safety has released a guide for employers to reopen their businesses amid the COVID-19 pandemic.

More homes were sold in Canada this July than any other month on record, as the COVID-19 pandemic has reshaped demand and pushed prices to all-time highs.