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US home construction surges 22.6%, third monthly increase

US home construction surges 22.6%, third monthly increase

WASHINGTON — Construction of new U.S. homes surged 22.6% last month as homebuilders bounced back from a lull induced by the coronavirus pandemic. The Commerce Department reported Tuesday that new homes were started an annual pace of nearly 1.
Horizon North Logistics co-CEO Rod Graham stepping down from company

Horizon North Logistics co-CEO Rod Graham stepping down from company

TORONTO — Horizon North Logistics Inc. says that Rod Graham is stepping down as co-chief executive and president of modular solutions.

US approves oil, gas leasing plan for Alaska wildlife refuge

ANCHORAGE, Alaska — The Trump administration gave final approval Monday for a contentious oil and gas leasing plan on the coastal plain of Alaska's Arctic National Wildlife Refuge, where critics worry about the industry's impact on polar bears, carib
Trump administration imposes new Huawei restrictions

Trump administration imposes new Huawei restrictions

The Trump administration is further tightening restrictions on China’s Huawei, seeking to starve it of crucial components by cutting off all access to U.S. technology.
Quebec, Ontario ask Ottawa to intervene in Montreal port strike, now in week two

Quebec, Ontario ask Ottawa to intervene in Montreal port strike, now in week two

MONTREAL — The Quebec and Ontario governments are asking Ottawa to intervene in the Montreal port strike, which entered its second week Monday.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,656.12, up 141.51 points) Enbridge Inc. (TSX:ENB). Energy. Down 11 cents, or 0.25 per cent, to $43.42 on 15.52 million shares.
Gold miners help push S&P/TSX composite higher, U.S. stock markets mixed

Gold miners help push S&P/TSX composite higher, U.S. stock markets mixed

TORONTO — Canada's main stock index posted a triple-digit advance to start the week as the price of gold soared by nearly US$50, boosting the mining-heavy materials sector. The S&P/TSX composite index rose 141.51 points to 16,656.12.
Suncor shares slip after fire interrupts Fort McMurray oilsands mining output

Suncor shares slip after fire interrupts Fort McMurray oilsands mining output

CALGARY — Shares in Suncor Energy Inc. fell Monday after it reported it will be early September before bitumen production resumes at its base oilsands mining operation in Fort McMurray, Alta., following a fire on Friday.
Health and safety agency posts free e-course on how to reopen businesses

Health and safety agency posts free e-course on how to reopen businesses

HAMILTON — The Canadian Centre for Occupational Health and Safety has released a guide for employers to reopen their businesses amid the COVID-19 pandemic.
Canadian Real Estate Association says home sales hit record high in July

Canadian Real Estate Association says home sales hit record high in July

More homes were sold in Canada this July than any other month on record, as the COVID-19 pandemic has reshaped demand and pushed prices to all-time highs.