National Business

WILMINGTON, Del.

TORONTO, S.D. — Maple Leaf Sports and Entertainment says it is cutting the salaries of up to one quarter of its full-time staff, and extending salary reductions for senior management and executives to deal with the financial impact of COVID-19.

EDMONTON — Aurora Cannabis Inc. says it is indefinitely pausing operations at one of its Alberta facilities and laying off a few dozen staff.

Element AI's ownership is headed across the border and into U.S. hands after years of being touted as one of Canada's most promising technology companies.

Consumer demand for credit intensified in the third quarter, driven chiefly by increases in mortgage balances and new auto loans, according to data released Monday by credit reporting agency Equifax. Mortgage balances and new auto loans were up 6.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (17,205.43, down 191.13 points.) Suncor Energy Inc. (TSX:SU). Energy. Down $1.64, or 7.32 per cent, to $20.77 on 26.1 million shares.

TORONTO — Despite losing some ground to start the week, North American stock markets concluded an exceptionally strong month of November on the back of positive news about COVID-19 vaccines. The S&P/TSX composite index closed down 191.

WASHINGTON — Federal Reserve Chairman Jerome Powell says that the pace of improvement in the economy has moderated in recent months with future prospects remaining “extraordinarily uncertain.

SASKATOON — Nutrien Ltd. is calling on other members of the fertilizer industry to join its fight against climate change as it launches an agriculture carbon program to drive improved environmental sustainability and boost profits for farmers.

Information disclosures and other billing issues continued to be at the root of most complaints, Canada's telecom ombudsman said Monday in its 2019-20 annual report which recorded a 19 per cent drop in complaints compared with a year earlier.