National Business

VANCOUVER — West Fraser Timber Co. Ltd. beat expectations as it earned $48 million in its latest quarter despite lower revenues.

The biggest test yet of an experimental COVID-19 vaccine got underway Monday with the first of some 30,000 Americans rolling up their sleeves to receive shots created by the U.S. government as part of the all-out global race to stop the pandemic.

REGINA — Saskatchewan's premier is urging people to wear masks when they can't physically distance to prevent the spread of COVID-19, but he is stopping short of mandating their use indoors.

CALGARY — Frankfurt-based Deutsche Bank is joining a lengthening list of European lenders and insurance companies that say they won't back new oilsands projects.

CALGARY — Oilsands producer MEG Energy Corp. is reporting a higher second-quarter net loss on voluntarily curtailed bitumen production and lower oil prices.

NEW YORK — Target is joining Walmart in closing its stores on Thanksgiving Day, ending a decadelong tradition of jump-starting Black Friday door buster sales.

HOUSTON — The Trump administration has agreed not to expel a group of immigrant children it detained in a Texas hotel under an emergency declaration citing the coronavirus and will instead allow them to seek to remain in the U.S.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,161.33, up 164.27) Bombardier Inc. (TSX:BBD.B). Industrials. Unchanged at $0.43 on 10.09 million shares. Zenabis Global Inc.

TORONTO — The price of gold soared to a record high Monday, boosting Toronto's main stock index to a triple-digit gain. "That's certainly the big story today," said Michael Currie, vice-president and investment adviser at TD Wealth.

MONTREAL — Longshoremen at the Port of Montreal launched a four-day strike on Monday morning, throwing a potential wrench into the economic recovery amid COVID-19.