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CMHC reports annual pace of housing starts climbed nearly 16 per cent in July

CMHC reports annual pace of housing starts climbed nearly 16 per cent in July

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in July rose nearly 16 per cent compared with June.
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Canada Goose Q1 loss nearly doubles as revenue plunges from last year

Canada Goose Q1 loss nearly doubles as revenue plunges from last year

TORONTO — Canada Goose Holdings Inc. reports its first-quarter loss nearly doubled to $50.1 million as revenue plunged 63 per cent from a year earlier due to the COVID-19 pandemic. Revenue for the Toronto-based luxury parka company dropped to $26.
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US producer prices up 0.6% in July, biggest jump since 2018

US producer prices up 0.6% in July, biggest jump since 2018

WASHINGTON — U.S. wholesale prices shot up an unexpected 0.6% in July, biggest gain since October 2018, as energy prices moved sharply higher.
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Hydro One reports $1.1B Q2 profit boosted by one-time gain due to court ruling

Hydro One reports $1.1B Q2 profit boosted by one-time gain due to court ruling

TORONTO — Hydro One Ltd. reported a second-quarter profit of $1.1 billion, boosted by a one-time gain related to a court decision.
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Millennial Money: How we renegotiated our bills to cut costs

I know, I know. You’ve probably heard all about how you should renegotiate your bills to save money. But that’s easier said than done, right? That’s why I tried it out.
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Ottawa won't intervene to end dockworkers strike at Port of Montreal, says minister

Ottawa won't intervene to end dockworkers strike at Port of Montreal, says minister

MONTREAL — Canada's labour minister has rejected requests to intervene in a strike launched Monday by Port of Montreal workers.
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Martinrea loses $146.9 million in Q2 on 51 per cent drop in sales due to COVID-19

TORONTO — Martinrea International Inc. swung to a large loss in its recent quarter as automotive plant closures during the COVID-19 pandemic took a big bite out of its revenues. The autoparts manufacturer says it lost $146.9 million or $1.
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Barrick CEO vows to stick to capital strategy as gold prices boost Q2 profits

Barrick CEO vows to stick to capital strategy as gold prices boost Q2 profits

TORONTO — The chief executive of Barrick Gold Corp. said Monday the company's strategy for spending money is unchanged despite a run up in gold prices that boosted second-quarter results and prompted an increased dividend.
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Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,605.50, up 61.02 points.) Bombardier Inc. (TXS:BBD.B). Industrials. Down a penny, or 2.35 per cent, to nearly $0.42 on 14.
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Energy sector lifts Toronto's main index, while U.S. performance mixed

Energy sector lifts Toronto's main index, while U.S. performance mixed

TORONTO — The energy sector helped lift Toronto's main stock index Monday, while those south of the border were mixed. The S&P/TSX composite index rose 61.02 points to close at 16,605.
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