January 23rd, 2021

Business

Quebec threatens construction, manufacturing sectors with more COVID-19 restrictions

By The Canadian Press on January 15th, 2021

MONTREAL – Quebec’s labour minister is threatening to impose more restrictions on the province’s construction and manufacturing sectors for allegedly flouting health orders. Jean Boulet said today in a statement he’s received many reports of non-compliance connected to the two sectors since the government imposed new restrictions Jan. 9. The new measures – in effect ... Read More »

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Quebec workplace safety board fines Dollarama stores for inadequate sanitary measures

By The Canadian Press on January 15th, 2021

Quebec’s workplace safety board says it has issued fines to nine Dollarama locations in the province for failing to respect sanitary guidelines. The Commission des normes, de l’equite, de la sante et de la securite du travail visited 68 Dollarama locations since March 2020 and issued 11 fines to the nine locations, the agency said ... Read More »

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S&P/TSX composite edges lower in early trading, U.S. stock markets mixed

By The Canadian Press on January 15th, 2021

TORONTO – Canada’s main stock index edged lower in early trading amid weakness in the metals and mining sector, while U.S. stock markets mixed. The S&P/TSX composite index was down 6.36 points at 17,951.73. In New York, the Dow Jones industrial average was down 177.28 points at 30,814.24. The S&P 500 index was down 12.96 ... Read More »

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Milan opens 1st fashion week with no VIP guests due to virus

By Colleen Barry, The Associated Press on January 15th, 2021

MILAN – Italy’s fashion chamber is opening on Friday the first Milan Fashion Week that won’t have VIPS populating runway front rows, as the reality of Italy’s persistent resurgence of the coronavirus has forced an all-virtual format for presenting menswear previews. The National Fashion Chamber maintained a live element during the July and September fashion ... Read More »

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Norway says Pfizer temporarily reducing European deliveries

By The Associated Press on January 15th, 2021

COPENHAGEN – U.S. pharmaceutical company Pfizer has said it will temporarily reduce deliveries to Europe of its COVID-19 vaccine while it upgrades production capacity, Norwegian health officials said Friday. “We received this message today,” said Geir Bukholm, director of infection control at the Norwegian Institute of Public Health, a government agency. “We had predicted 43,875 ... Read More »

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US industrial production jumps 1.6% in December

By Matt Ott, The Associated Press on January 15th, 2021

SILVER SPRING, Md. – U.S. industrial production rose 1.6% in December, a third straight monthly gain, but remains below its pre-pandemic level. The December gain in industrial output followed a 0.5% increase in November and a 1% increase in October, the Federal Reserve reported Friday. Even with those gains, industrial output is still about 3.3% ... Read More »

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Home sales hit record in 2020, Canadian Real Estate Association reports

By The Canadian Press on January 15th, 2021

OTTAWA – The Canadian Real Estate Association says home sales in December hit an all-time record for the month to end what was also a record year. It says December sales were up 47.2 per cent compared with December 2019, the largest year-over-year gain in monthly sales in 11 years. Sales for the month were ... Read More »

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December wholesale prices up 0.3% with sharp jump in energy

By Martin Crutsinger, The Associated Press on January 15th, 2021

WASHINGTON – U.S. wholesale prices rose 0.3% in December led by a the biggest jump in energy costs since June. The Labor Department reported Friday that the gain in its producer price index, which measures inflation pressures before they reach consumers, followed a modest 0.1% gain in November and matched the 0.3% rise in October. ... Read More »

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Indonesian divers find parts of crashed plane’s black box

By Edna Tarigan And Fadlan Syam, The Associated Press on January 15th, 2021

JAKARTA, Indonesia – Divers found parts of the cockpit voice recorder on Friday as more personnel joined the search for wreckage and victims from an Indonesian plane that crashed last weekend in the Java Sea with 62 people on board. The aerial search for the crashed Sriwijaya Air jet was being expanded as well, said ... Read More »

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Biden taps former FDA chief Kessler to lead vaccine science

By Ricardo Alonso-Zaldivar, The Associated Press on January 15th, 2021

WASHINGTON – President-elect Joe Biden has picked a former Food and Drug commissioner to lead vaccine science in his drive to put 100 million shots into the arms of Americans in his administration’s first 100 days and stem the COVID-19 pandemic. Dr. David Kessler, who will have the title of chief science officer of COVID ... Read More »

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Cogeco reports first-quarter profit and revenue up from year ago mark

By The Canadian Press on January 15th, 2021

MONTREAL – Cogeco Inc. reported its first-quarter profit rose compared with a year ago as its revenue also climbed. The company says its profit attributable to owners of the corporation totalled $40.5 million or $2.53 per diluted share for the quarter ended Nov. 30, up from $31.3 million or $1.94 per diluted share a year ... Read More »

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