National Business

The stock market ended a second straight day of turbulent trading with more losses Friday, but managed to recoup some lost ground by the end of the day.

CALGARY — Record high prices for lumber and construction panelling are creating a resource revenue boost for the coffers of the Alberta government, partly making up for huge declines in oil and gas returns.

WASHINGTON — U.S. unemployment dropped sharply in August from 10.2% to a still-high 8.

OTTAWA — Transport Canada has fined two airline passengers for refusing to wear face masks on board. The department says the travellers were fined $1,000 each after ignoring repeated directions from cabin crew to put on their face coverings.

SMITHS FALLS, Ont. — Canopy Growth Corp. is laying off another round of workers as the cannabis company continues to restructure. The Smiths Falls, Ont.

LONDON — Virgin Atlantic completed its 1.2 billion-pound ($1.6 billion) restructuring plan and cut 1,150 jobs Friday as the airline sought to rebuild following the devastation caused by the COVID-19 pandemic.

TORONTO — Unifor says it will announce on Tuesday the Detroit Three automaker it will target to establish the pattern agreement in its contract talks.

OTTAWA — The national unemployment rate was 10.2 per cent in August. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.

OTTAWA — Canada's national unemployment rate was 10.2 per cent in August. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 13.1 per cent (15.6) _ Prince Edward Island 10.

OTTAWA — A quick look at Canada's August employment (numbers from the previous month in brackets): Unemployment rate: 10.2 per cent (10.9) Employment rate: 58.0 per cent (57.3) Participation rate: 64.6 per cent (64.