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Flash estimate shows manufacturing sales up 0.6 per cent in October

Flash estimate shows manufacturing sales up 0.6 per cent in October

OTTAWA — Statistics Canada says a preliminary estimate shows manufacturing sales rose 0.6 per cent in October. The agency says the growth came due to higher sales in the petroleum and coal products, paper, primary metals and wood products industries.
Loral Space & Communications to combine with Telesat to form new company

Loral Space & Communications to combine with Telesat to form new company

TORONTO — Loral Space & Communications Inc. has signed a deal with the Public Sector Pension Investment Board and Telesat Canada to combine Loral and Telesat into a new public company. Loral, which also announced a special dividend of $1.
US home price gains accelerate as pandemic shakes up housing

US home price gains accelerate as pandemic shakes up housing

WASHINGTON — U.S. home prices jumped in September as strong demand, low interest rates and the smallest number of available homes on record combined to push up housing costs.
Awaiting Yellen at Treasury: Yet another daunting crisis

Awaiting Yellen at Treasury: Yet another daunting crisis

WASHINGTON — Janet Yellen is in line for another top economic policy job — just in time to confront yet another crisis.
Small businesses seek changes to Ontario lockdown rules as big box stores remain open

Small businesses seek changes to Ontario lockdown rules as big box stores remain open

TORONTO — Long before the first snowflake has hit the ground in Toronto, Catherine Choi is already planning for the holiday season. It's the busiest sales period for her trio of Hanji Gift shops, but this time, they'll be closed.
Suncor agrees to begin operating Syncrude by end of next year

Suncor agrees to begin operating Syncrude by end of next year

CALGARY — Suncor Energy Inc. says it has agreed to become the operator of the Syncrude project by the end of 2021, as long as each of the joint venture's owners grants formal approval. Suncor owns a 58.
China launches mission to bring back material from moon

China launches mission to bring back material from moon

WENCHANG, China — China launched an ambitious mission on Tuesday to bring back rocks and debris from the moon’s surface for the first time in more than 40 years — an undertaking that could boost human understanding of the moon and of the solar system
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (17,094.53, up 75.43 points) Suncor Energy Inc. (TSX:SU). Energy. Up $1.75, or 8.68 per cent, at $21.92 on 19.79 million shares.
GM flips to California's side in pollution fight with Trump

GM flips to California's side in pollution fight with Trump

DETROIT — General Motors is switching sides in the legal fight against California's right to set its own clean-air standards, abandoning the Trump administration as the president's term nears its close.
Obsidian Energy shareholders approve stock issuance in pursuit of Bonterra takeover

Obsidian Energy shareholders approve stock issuance in pursuit of Bonterra takeover

CALGARY — Obsidian Energy Ltd. says shareholders have voted to approve its proposal to issue up to 72.3 million shares to buy Bonterra Energy Corp. in a hostile takeover. The Calgary-based oil and gas producer says 91.