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North American stock markets climb to record highs amid Democrat gains in Washington

North American stock markets climb to record highs amid Democrat gains in Washington

TORONTO — Stock markets across North America, including Canada's main index, surged to record highs Thursday on anticipation that a Democratic electoral sweep in the U.S. will result in greater stimulus spending.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (18,027.57, up 199.46 points.) Cenovus Energy Inc. (TSX:CVE). Energy. Up 12 cents, or 1.41 per cent, to $8.61 on 13.4 million shares.
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2020 sets new sales record for Toronto homes priced $3 million and up

2020 sets new sales record for Toronto homes priced $3 million and up

TORONTO — A record number of Toronto homes priced over $3 million sold last year, Re/Max said in a report this week, even as amid the economic downturn during the COVID-19 pandemic.
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New Mercedes screen to stretch nearly full width of car

New Mercedes screen to stretch nearly full width of car

FRANKFURT — Daimler's Mercedes-Benz has unveiled a key interior component of its upcoming electric luxury sedan: a large, curved screen that sweeps across almost the entire width of the car in the place of a conventional dashboard.
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Ontario students push teachers to pressure pension fund to divest from fossil fuels

Ontario students push teachers to pressure pension fund to divest from fossil fuels

TORONTO — An environmental coalition is appealing to Ontario teachers to pressure their pension fund to divest from companies that develop or transport fossil fuel products.
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Top bank economists expect 2021 recovery if Canada quells COVID-19, vaccinates more

Top bank economists expect 2021 recovery if Canada quells COVID-19, vaccinates more

TORONTO — Chief economists from Canada's big banks expect the economy to rebound this year, but say failing to control COVID-19 or get vaccines into arms could upend that recovery.
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US services sector grows for seventh consecutive month

US services sector grows for seventh consecutive month

SILVER SPRING, Md. — The U.S. services sector, where most Americans work, grew for the seventh consecutive month in December even as coronavirus cases surged through the holidays.
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Merchandise trade deficit fell to $3.3B in November, Statistics Canada reports

Merchandise trade deficit fell to $3.3B in November, Statistics Canada reports

OTTAWA — The country's merchandise trade deficit fell to $3.3 billion in November as gold exports rose and imports pulled back, Statistics Canada said Thursday. The result for November followed a revised deficit of $3.
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US unemployment claims slip to still-high 787,000

US unemployment claims slip to still-high 787,000

WASHINGTON — The number of Americans seeking unemployment aid fell slightly last week to 787,000, a historically high number that points to a weak job market held back by the viral pandemic.
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Planning your 2021 budget a chance to reassess your spending and make changes

Planning your 2021 budget a chance to reassess your spending and make changes

OTTAWA — The pandemic put household budgets to the test in 2020. For millions it meant the loss of a job or a reduction in hours, while for others it meant unexpected expenses as they made the shift to working from home.
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