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May home sales up compared with April, but still well below year-ago level

May home sales up compared with April, but still well below year-ago level

OTTAWA — Sales of residential properties in May were up from a record low in April, but were still down 39.8 per cent from the same month last year, the Canadian Real Estate Association reported Monday.
J.D. Irving to begin work in July on $35M sawmill expansion in Doaktown, N.B.

J.D. Irving to begin work in July on $35M sawmill expansion in Doaktown, N.B.

DOAKTOWN, N.B. — J.D. Irving Ltd. says work will get underway next month on the $35-million modernization and expansion at its sawmill in Doaktown, N.B.

Statistics Canada says manufacturing sales posted record plunge in April

OTTAWA — Canadian manufacturing sales fell by a record amount in April, the first full month of physical distancing measures in the wake of COVID-19, but sales are expected to regain at least some ground in May as factories moved to resume production
Nissan banks on new Rogue small SUV to begin US comeback

Nissan banks on new Rogue small SUV to begin US comeback

DETROIT — There’s a lot riding on the Nissan Rogue, the struggling Japanese automaker’s top-selling vehicle in the hottest part of its second-biggest market, the United States.
BP takes $17.5B hit as pandemic accelerates emissions cuts

BP takes $17.5B hit as pandemic accelerates emissions cuts

LONDON — Energy company BP is writing down its oil and gas assets by as much as $17.
Employee care key to brand reputation during COVID-19, consumer survey finds

Employee care key to brand reputation during COVID-19, consumer survey finds

As the COVID-19 pandemic shut down large parts of the economy and upended the way many companies do business, Canadian consumers were watching, and judging.
Rogers family donating $60M to charities helping those hurt financially

Rogers family donating $60M to charities helping those hurt financially

TORONTO — The Rogers family is making a $60-million donation to various charities across Canada to help those hurt financially by the COVID-19 pandemic.
Stephen Poloz named chair at advisory council at Ivey Business School

Stephen Poloz named chair at advisory council at Ivey Business School

LONDON, Ont. — The Ivey Business School at Western University has appointed former Bank of Canada governor Stephen Poloz as advisory council chair of its Lawrence National Centre for Policy and Management.
Saskatchewan Finance Minister Donna Harpauer will present the province's budget

Saskatchewan Finance Minister Donna Harpauer will present the province's budget

REGINA — Saskatchewan Finance Minister Donna Harpauer will present the province's budget today. The government and Opposition NDP have agreed to meet for a 14-day sitting starting June 15, but only some members will be returning to the legislature.
Philippine journalist convicted of libel, given 6-year term

Philippine journalist convicted of libel, given 6-year term

MANILA, Philippines — An award-winning journalist critical of the Philippine president was convicted of libel and sentenced to jail Monday in a decision called a major blow to press freedom in an Asian bastion of democracy.