Skip to content

National Business

Satirical columnist, author Allan Fotheringham dies at his Toronto home, age 87

Satirical columnist, author Allan Fotheringham dies at his Toronto home, age 87

TORONTO — Columnist and author Allan Fotheringham, known for his biting satirical commentaries aimed at the rich and the powerful, died Wednesday at his home in Toronto. He was 87.
Scotiabank to pay $127.4M to settle U.S. spoofing and manipulation case

Scotiabank to pay $127.4M to settle U.S. spoofing and manipulation case

TORONTO — Bank of Nova Scotia will pay about US$127.4 million to settle a U.S.
Inflation rate falls to 0.1 per cent as price growth slows, StatCan reports

Inflation rate falls to 0.1 per cent as price growth slows, StatCan reports

OTTAWA — The annual pace of inflation stayed largely grounded for July at 0.1 per cent, held down by the first drop in air travel prices in almost five years, Statistics Canada said Wednesday. The reading was down from a year-over-year increase of 0.
New record wood product prices boost shares and estimates for Canadian producers

New record wood product prices boost shares and estimates for Canadian producers

CALGARY — New record high prices for lumber and wood panel products thanks to continuing robust demand from renovation and new home markets are driving stock prices higher for Canadian producers. Five of the largest producers — West Fraser Timber Co.
Toronto man brings masks to the masses with airport, mall PPE vending machines

Toronto man brings masks to the masses with airport, mall PPE vending machines

TORONTO — Walking through Toronto's Pearson International Airport every week with his mask and grey duffel bag, Gilad Levy could easily be mistaken for a passenger. But Levy doesn't have a plane ticket and he's not carrying a change of clothes.
Maple Leaf temporarily suspends pork exports to China after COVID-19 cases

Maple Leaf temporarily suspends pork exports to China after COVID-19 cases

MISSISSAUGA, Ont. — Maple Leaf Foods Inc. says it has temporarily suspended pork exports to China after a few dozen workers at one of its plants tested positive for COVID-19. The Mississauga, Ont.
DIY projects ramp up in pandemic, and so do sales at Lowe's

DIY projects ramp up in pandemic, and so do sales at Lowe's

Home improvement retailer Lowe's Cos. became the latest big box retailer to report surging sales during the fiscal second quarter as Americans are finding more ways to improve their home during the pandemic. Comparable store sales in the U.S.
Now playing at the mall parking lot: movies, drag shows

Now playing at the mall parking lot: movies, drag shows

NEW YORK — Angel Dougherty went to the mall last month — not to shop, but to watch a drive-in drag show in the parking lot.
Here's a list of July inflation rates for selected Canadian cities

Here's a list of July inflation rates for selected Canadian cities

OTTAWA — Canada's national annual inflation rate was 0.1 per cent in July, Statistics Canada says.
Here's a list July inflation rates for Canadian provinces, territories

Here's a list July inflation rates for Canadian provinces, territories

OTTAWA — Canada's national annual inflation rate was 0.1 per cent in July, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: -0.4 per cent (0.1) — Prince Edward Island: -0.