National Business

TORONTO — Despite losing some ground to start the week, North American stock markets concluded an exceptionally strong month of November on the back of positive news about COVID-19 vaccines. The S&P/TSX composite index closed down 191.

WASHINGTON — Federal Reserve Chairman Jerome Powell says that the pace of improvement in the economy has moderated in recent months with future prospects remaining “extraordinarily uncertain.

SASKATOON — Nutrien Ltd. is calling on other members of the fertilizer industry to join its fight against climate change as it launches an agriculture carbon program to drive improved environmental sustainability and boost profits for farmers.

Information disclosures and other billing issues continued to be at the root of most complaints, Canada's telecom ombudsman said Monday in its 2019-20 annual report which recorded a 19 per cent drop in complaints compared with a year earlier.

TORONTO — Home prices are increasing in Canada’s cottage country as more buyers look to move there full-time, according to a report released Monday by Royal LePage. Prices of single-family recreational homes rose 11.

WASHINGTON — After months of shadowboxing amid a tense and toxic campaign, Capitol Hill's main players are returning for one final, perhaps futile, attempt at deal-making on a challenging menu of year-end business. COVID-19 relief, a $1.

NEW YORK — General Motors will not be taking a stake in the electric vehicle company Nikola, and the company said Monday that it was scuttling one of its marquee vehicles, an electric and hydrogen-powered pickup, after GM pulled technological support

The value that Wall Street places on access to billions of bytes of data, rather than old-school stock picking, became abundantly clear Monday as two of the biggest providers of such information become one in the biggest takeover of the year.

MONTREAL — Bombardier has named veteran executive Bart Demosky as chief financial officer, effective immediately. The company says Demosky replaces John Di Bert, who will be leaving the company.

SILVER SPRING, Md. — The number of Americans signing contracts to buy homes fell for the second consecutive month as lack of available homes continues to stifle house hunters.