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National Business
Hot summer weather increases electricity demand to boost Hydro One revenue and profit
TORONTO — Hydro One Ltd. reported its latest quarterly revenue and profit were up compared with a year ago as a hot summer helped bolster electricity demand.
Nov 6, 2020 11:41 AM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Air Canada update Air Canada is set to hold a conference call to discuss its third-quarter results on Monday.
Nov 6, 2020 11:26 AM
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Marriott bounces back as activity in China surges
Marriott saw dramatic improvement in the third quarter as travel demand rebounded in China. But Marriott President and CEO Arne Sorenson said the recovery remains bumpy, and reinstated lockdowns in Europe and elsewhere could clip bookings.
Nov 6, 2020 9:51 AM
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Pipeline company vows to reduce its GHG emissions by 35% by 2030, hit zero by 2050
CALGARY — Enbridge Inc., the operator of the largest crude oil pipeline network in North America, says it will reduce its greenhouse gas emissions intensity to net zero by 2050.
Nov 6, 2020 9:51 AM
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Japan automaker Honda reports profit rise despite pandemic
TOKYO — Japanese automaker Honda reported Friday that its profit rose 23% in the last quarter, despite a pandemic that has slammed businesses around the world. Tokyo-based Honda Motor Co. said its July-September profit was 240.9 billion yen ($2.
Nov 6, 2020 9:27 AM
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Japan's Toyota sees profit slip, holding up despite pandemic
TOKYO — Toyota’s July-September profit fell 11% from a year earlier as the coronavirus pandemic slammed global demand, but Japan’s top automaker appeared to be holding up better than weaker rivals that have sunk into the red. Toyota Motor Corp.
Nov 6, 2020 9:27 AM
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Dorel's Q3 bike sales boom, furniture sales up during COVID summer
MONTREAL — Dorel Industries Inc. says it couldn't keep up with demand for bicycles and some home furniture during the summer as the quarter's revenue still rose 9.9 per cent from last year. The Montreal-based company, which reports in U.S.
Nov 6, 2020 8:42 AM
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National employment numbers for October from Statistics Canada, at a glance
OTTAWA — A quick look at Canada's October employment (numbers from the previous month in brackets): Unemployment rate: 8.9 per cent (9.0) Employment rate: 59.4 per cent (59.1) Participation rate: 65.2 per cent (65.
Nov 6, 2020 6:56 AM
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Here's a quick glance at unemployment rates for October, by Canadian city
OTTAWA — The national unemployment rate was 8.9 per cent in October. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
Nov 6, 2020 6:55 AM
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Here's a quick glance at unemployment rates for October, by province
OTTAWA — Canada's national unemployment rate was 8.9 per cent in October. Here are the jobless rates last month by province (numbers from the previous month in brackets): — Newfoundland and Labrador 12.8 per cent (14.8) — Prince Edward Island 10.
Nov 6, 2020 6:55 AM
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