National Business

VAUGHAN, Ont. — Recipe Unlimited Corp. saw system sales fall more than 30 per cent in its most recent quarter as the pandemic continued to cause dining room closures and seating restrictions at its restaurant chains across Canada. The Vaughan, Ont.

BEIJING — China’s No. 2 leader set a healthy economic growth target Friday and vowed to make the nation self-reliant in technology amid tension with the U.S. and Europe over trade and human rights.

MONTREAL — The Caisse de depot et placement du Quebec and DP World have signed a US$1.2-billion deal to start the construction of an international container port and industrial logistics park in Indonesia.

BANGKOK — YouTube has removed five channels run by Myanmar’s military for violating its community guidelines and terms of service.

TORONTO — Executives at Martinrea International Inc. told analysts that they were optimistic on the company’s prospects for electric vehicles, even as a shortage of microchips has become a burden on the auto industry.

WHITEHORSE — Yukon's government says it's planning record capital spending in the 2021-22 fiscal year as it forecasts strong economic growth. In its budget tabled Thursday, the territorial government says it plans to spend $434.

VICTORIA — The B.C. government has eased the eligibility requirements and extended the deadline for small and medium-sized businesses applying for funds under its $345-million pandemic recovery grant program.

CALGARY — Parkland Corp. is reporting lower fourth-quarter earnings and revenue as effects of the COVID-19 pandemic lockdowns continue to erode fuel sales.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (18,125.72, down 194.95 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up five cents, or 8.33 per cent, to 65 cents on 20.

TORONTO — North American stock markets dropped Thursday despite efforts by the chairman of the Federal Reserve to reassure investors that interest rates aren't about to increase. The S&P/TSX composite index closed down 194.95 points at 18,125.