National Business

VAUGHAN, Ont. — CannTrust Holdings Inc. is staging a comeback more than a year after its licences were suspended for illegally growing thousands of kilograms of dried cannabis in unlicensed rooms. The Vaughan, Ont.

WASHINGTON — Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin urged Congress to approve COVID-19 relief funds without further delay, though Democrats continued to attack a decision by Mnuchin to allow five Fed lending prog

VANCOUVER — The Real Estate Board of Greater Vancouver says November home sales were down from October — but still well above the same time last year, as the market catches up to the effects of COVID-19.

WELLINGTON, New Zealand — Australia's economy grew by 3.3% in the third quarter, rebounding from its first recession in nearly three decades as it recovered from pandemic-related shocks, according to figures released Wednesday.

TORONTO — Sun Life Financial Inc. says its president and chief executive will retire next year. The Toronto-based insurance company says Dean Connor, 64, will depart Sun Life on Aug. 6.

RIO DE JANEIRO — A large gang of heavily armed bank robbers invaded the Brazilian city of Cameta just one day after a similar force struck another mid-sized city on the opposite side of the country, taking residents hostage as they looted a bank.

TORONTO — A coalition of about 50 retailers is calling on the Ontario government to lift COVID-19 restrictions for non-essential stores it claims is making things worse.

TORONTO — Three promising COVID-19 vaccine candidates may have spurred optimism from investors, but Royal Bank of Canada's chief executive is warning the country is not rid of its pandemic troubles yet.

TORONTO — Fairfax Financial Holdings Ltd. has agreed to sell its interests in the RiverStone Europe insurance business to a fund managed by CVC Capital Partners.

MONTREAL — Garda World Security Corp. has raised its hostile takeover offer for British security firm G4S to 3.68 billion pounds or about C$6.3 billion.