National Business

WASHINGTON — Federal Reserve Chair Jerome Powell warned Tuesday that a tentative recovery from the pandemic recession could falter unless the federal government supplies additional economic support.

MADISON, Wis. — Gov.

VANCOUVER — The New Democrats are promising a one-time $1,000 COVID-19 recovery benefit for families and $500 for individuals as part of an election platform in British Columbia that largely banks on voters wishing to stay the course.

TORONTO — North American stock markets sank after U.S. President Donald Trump pulled the plug on fiscal stimulus negotiations until after next month's election.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,236.13, down 174.06 points.) Bank of Nova Scotia. (TSX:BNS). Financials. Up 15 cents, or 0.27 per cent, to $55.95 on 14.

TORONTO — Australian miner Newcrest Mining Ltd. says it has conditional approval to list its shares on the Toronto Stock Exchange, a move designed to increase its exposure to North American investors.

COME BY CHANCE, N.L. — At the Kwik-Way convenience store in Arnold’s Cove, N.L., Holly Hapgood has to turn her head away to hide the tears as she talks about news of impending layoffs and possible closure at the nearby oil refinery in Come by Chance.

Toronto's housing market saw its best September on record as pent-up demand and rock bottom borrowing costs supercharged sales despite the ongoing COVID-19 pandemic.

CALGARY — Bonterra Energy Corp. says a hostile buyout offer by Calgary-based rival Obsidian Energy Ltd. is more of a "take-under" than takeover bid because it's out of step with its market value.

CALGARY — Forest product market analysts expect prices for lumber and building panels in North America will remain strong for several years despite recent price declines after an unprecedented surge to record high levels over the summer.