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CMHC: Retail, construction and services workers have high share of mortgage deferrals

CMHC: Retail, construction and services workers have high share of mortgage deferrals

OTTAWA — Canada's housing authority says retail, construction and services workers were the most common deferrers of mortgage payments in the first few months of the COVID-19 pandemic. New data from Canada's Mortgage and Housing Corp.
PepsiCo goes Beyond Meat in new partnership

PepsiCo goes Beyond Meat in new partnership

PepsiCo and Beyond Meat are creating a joint venture to develop snacks and drinks made from plant-based proteins. The companies didn’t reveal what kinds of products they will make Tuesday, saying they’re still in development.
US consumer confidence rebounds in January

US consumer confidence rebounds in January

WASHINGTON — U.S. consumer confidence rose in January as Americans became more optimistic about the future. The Conference Board reported Tuesday that its consumer confidence index increased to 89.3, a rebound from December when it dipped to 87.1.
New, used vehicle demand surges amid pandemic lockdowns

New, used vehicle demand surges amid pandemic lockdowns

If it wasn’t for the pandemic, Timon Wientziak probably wouldn’t be buying a car while living in downtown Toronto.
Home prices rise at fastest pace in more than 6 years

Home prices rise at fastest pace in more than 6 years

WASHINGTON — U.S. home prices jumped in November at the fastest pace in more than six years, fueled by demand for more living space as Americans stick closer to home during the pandemic. Home prices soared 9.
California: Criminal rings loot billions in jobless funds

California: Criminal rings loot billions in jobless funds

LOS ANGELES — Sophisticated hackers, identity thieves and overseas criminal rings stole over $11 billion in unemployment benefits from California last year, but the extent of the fraud might grow far larger: billions more in payments are under invest
Janet Yellen wins Senate approval as treasury secretary

Janet Yellen wins Senate approval as treasury secretary

WASHINGTON — The Senate on Monday approved President Joe Biden’s nomination of Janet Yellen to be the nation’s 78th treasury secretary, making her the first woman to hold the job in the department's 232-year history.
Canadian manufacturers predict 'tough sledding' as Biden signs Buy American order

Canadian manufacturers predict 'tough sledding' as Biden signs Buy American order

CALGARY — The head of the Canadian Manufacturers and Exporters says he expects "tough sledding" ahead for his members after U.S. President Joe Biden ordered more stringent Buy American rules for government spending.
Dutch police use tear gas, water cannon amid rioting

Dutch police use tear gas, water cannon amid rioting

THE HAGUE, Netherlands — Groups of youths confronted police in Dutch towns and cities Monday night, defying the country's coronavirus curfew and throwing fireworks.
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 Monday on the Toronto Stock Exchange: Toronto Stock Exchange (17,906.02, up 60.11 points.) BlackBerry Ltd. (TSX:BB). Technology. Up $5.06, or 28.33 per cent, to $22.92 on 26.3 million shares.