National Business

LONDON — Big tech companies face hefty fines in the European Union and Britain if they treat rivals unfairly or fail to protect users on their platforms, in proposed regulations unveiled Tuesday by officials in Brussels and London.

MONTREAL — Videotron says it is gradually launching its fifth-generation wireless network in Montreal before adding other regions of Quebec. The deployment over the next few years will be done in collaboration with Samsung.

TORONTO — Canada's most prominent banks and insurance companies have won the right to host their next annual general meetings online as the COVID-19 pandemic continues.

STOCKHOLM — Swedish fashion retailer H&M says its sales fell 10% in the fourth quarter as the second wave of the COVID-19 pandemic stalled consumer spending, cutting short a promising recovery seen in the third quarter.

OTTAWA — Manufacturing sales grew 0.3 per cent to $54.1 billion in October, led by the paper, and petroleum and coal industries, Statistics Canada said Tuesday. The agency said the rise followed a revised increase of 2.

WASHINGTON — U.S. industrial production increased 0.4% in November with manufacturing receiving a boost from a rebound in output at auto plants after three months of declines.

Builders broke ground on more homes in November as construction on multi-family housing picked up in Vancouver and Montreal, Canada Mortgage and Housing Corp. said on Tuesday. The seasonally adjusted annual rate of housing starts rose 14.

Every year around Christmas, Toronto restaurant Allen’s holds a holiday party for their regulars, and tips from the event are divided out to staff as a Christmas bonus.

OTTAWA — Statistics Canada has announced an expert panel to provide independent advice and guidance on its labour force survey which keeps tabs on the country's job market.

OTTAWA — TC Energy Corp. says it has signed a deal to buy out the other unitholders of TC PipeLines LP, a U.S. master limited partnership it operates, after raising its earlier offer. Under the sweetened proposal, TCP unitholders will receive 0.