National Business

VAUGHAN, Ont. — Recipe Unlimited Corp. saw system sales plunge 28 per cent in its most recent quarter as the pandemic continued to be a drag on the restaurant chain amid dining room closures and seating restrictions across Canada. The Vaughan, Ont.

TORONTO — Martinrea International Inc. rebounded from a tough end to 2020 with net income surging 34.5 per cent in the first quarter on higher revenues. The auto parts manufacturer says it earned $38.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,290.98, down 19.76 points.) Enbridge Inc. (TSX:ENB). Energy. Down 58 cents, or 1.18 per cent, to $48.42 on 31.5 million shares.

CALGARY — West Fraser Timber Co. Ltd. is reporting higher first-quarter sales and earnings on higher prices and production of lumber and building panels after completing its $4-billion all-stock takeover of Norbord Inc. on Feb. 1.

BILLINGS, Mont. — Longstanding protections for wild birds would be restored under a proposal unveiled Thursday to bring back prosecutions of avian deaths by industry that were ended under former President Donald Trump.

TORONTO — Canada's main stock index slipped despite positive moves by the commodities sectors while the loonie hit its highest level in more than three years.

ST. JOHN'S, N.L. — Poor management and a culture of indifference toward debt have brought Newfoundland and Labrador to a financial breaking point, according to a long-awaited economic report released Thursday.

WATERLOO, Ont. — A slew of new customers and products delivered a 252 per cent increase in net income for OpenText Corp. in its latest quarter. The Waterloo, Ont.-based tech company says its net income for its third quarter amounted to US$91.

TORONTO — Spin Master executives said Thursday that the company behind "Paw Patrol" and several other globally successful toy and entertainment franchises aims to be a global leader in digital games for children.

Wealth management firms need to better cater to environment and social-minded investors to tap into a younger market that is about to boom, according to the market research company J.D. Power.