National Business

TORONTO — Canadians who flocked to Le Chateau Inc. stores for the last 60 years will need to find a new place to pick up formal wear for dances, galas, clubbing and prom.

HALIFAX — Shares of Chorus Aviation Inc. surged 34 per cent after it confirmed receiving an acquisition proposal from an unnamed third party.

CALGARY — Alberta's oil curtailment quotas are set to end in December, nearly two years after the previous NDP government introduced them as a temporary measure to support oil prices.

TORONTO — Rental listings more than doubled in the third quarter, as investors pulled their condos from platforms such as Airbnb and put them onto the traditional rental market instead, according to the Toronto Regional Real Estate Board.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,304.08, up 24.72 points.) Royal Bank of Canada. (TSX:RY). Financials. Down $1.06, or 1.09 per cent, to $96.29 on 12.9 million shares.

TORONTO — North American stock markets ended a second flat week of trading Friday as investors held back ahead of the upcoming U.S. presidential election. The S&P/TSX composite index closed up 24.72 points to 16,304.08.

TORONTO — Stock market investors are breathing a little easier despite potentially facing higher taxes as the possibility of a contested U.S. presidential election appears to be fading, say investment experts.

TORONTO — Under pressure to address rising commercial insurance rates blamed on the pandemic, Premier Doug Ford promised this week to take action to stop what he called "gouging" by some companies in the sector.

The work-from-home trend that drove lumber prices to record levels and helped producer Canfor Corp. realize record high revenues in the third quarter is expected to continue to provide benefits going forward, CEO Don Kayne says.

TORONTO — A list of some of the companies that have taken steps under the Companies' Creditors Arrangement Act or Bankruptcy and Insolvency Act since the beginning of the pandemic: Oct. 23: Le Chateau Inc. (apparel retailer) Sept.