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Interfor's $35.6 million Q3 loss includes writedowns, B.C. restructuring costs

Interfor's $35.6 million Q3 loss includes writedowns, B.C. restructuring costs

VANCOUVER — Interfor Corp. says it had a $35.6-million net loss in the third quarter, which included write-downs related to the permanent closure of a sawmill in Maple Ridge, B.C., as well as restructuring costs at its B.C. Coastal business.
CHMC reports annual pace of housing starts slowed to 201,973 in October

CHMC reports annual pace of housing starts slowed to 201,973 in October

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts fell in October as the pace of new construction of apartment, townhouse, condo and other types of multiple-unit housing projects slowed.
CIBC to sell majority stake in FirstCaribbean to GNB Financial for US$797M

CIBC to sell majority stake in FirstCaribbean to GNB Financial for US$797M

TORONTO — CIBC has agreed to sell a large portion of its investment in CIBC FirstCaribbean to GNB Financial Group Ltd. for US$797 million. Upon closing of the transaction in 2020, GNB will own 66.
TMX Group reports record revenue, net earnings of $61.7 million in third quarter

TMX Group reports record revenue, net earnings of $61.7 million in third quarter

TORONTO — TMX Group Ltd. says earnings edged up in the third quarter as it hit record revenue for the period. The owner of the Toronto Stock Exchange says it earned $61.7 million, or $1.9 per diluted share, for the three months ending Sept.
Amazon to build first Quebec fulfilment centre next year, create 300 jobs

Amazon to build first Quebec fulfilment centre next year, create 300 jobs

MONTREAL — Amazon says it plans to build its first fulfilment centre in Quebec in the Lachine borough of Montreal. The online retail giant says the warehouse will open late next year and create more than 300 full-time jobs.
Interior proposes coveted deal to ex-client of agency head

Interior proposes coveted deal to ex-client of agency head

WASHINGTON — The Interior Department is proposing to award one of the first contracts for federal water in perpetuity to a powerful rural water district that had employed Secretary David Bernhardt as a lawyer and lobbyist.

Here's a quick glance at unemployment rates for October, by province

OTTAWA — Canada's national unemployment rate was 5.5 per cent in October. Here are the jobless rates last month by province (numbers from the previous month in brackets): — Newfoundland and Labrador 11.1 per cent (11.5) — Prince Edward Island 8.4 (8.

Here's a quick glance at unemployment rates for October, by Canadian city

OTTAWA — The national unemployment rate was 5.5 per cent in October. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.

National employment numbers for October from Statistics Canada, at a glance

OTTAWA — A quick look at October employment (numbers from the previous month in brackets): Unemployment rate: 5.5 per cent (5.5) Employment rate: 62.0 per cent (62.1) Participation rate: 65.7 per cent (65.
Bloomberg opens door to 2020 Democratic run for president

Bloomberg opens door to 2020 Democratic run for president

WASHINGTON — Michael Bloomberg, the billionaire former mayor of New York City, is opening the door to a 2020 Democratic presidential campaign, warning that the current field of candidates is ill equipped to defeat President Donald Trump.
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