National Business

TORONTO — North American stock markets rebounded for a second day from last week's large losses on hopes that the long and contentious U.S. election ends in a clear outcome.

OTTAWA — Canada's internet network companies seem to be having difficulty getting timely, affordable access to telephone poles in underserved parts of the country.

HONG KONG — The planned stock market debut of the world's biggest online finance company, Ant Group, was suspended in Shanghai and Hong Kong on Tuesday, disrupting a record-setting $34.

TORONTO — Canadian dealerships sold 156,095 cars and trucks in October, down 2.1 per cent from the previous year, according to DesRosiers Automotive Consultants Inc.

TORONTO — Ontario revealed a new tiered system for COVID-19 restrictions on Tuesday, saying it will help fight the pandemic at a regional level, but critics said the framework prioritized the economy over public health.

TORONTO — Thomson Reuters's chief executive said Tuesday that the company has performed well through the COVID-19 crisis, but he's eager to make further improvements going into next year.

Calgary-based Waterous Energy Fund says it intends to launch a formal takeover bid for private junior oilsands producer Osum Oil Sands Corp. to raise its ownership stake to 85 per cent. The private fund is offering to buy to 52.

CALGARY — Canada's two largest railways transported a record monthly total of 6.3 million tonnes of Canadian grain in October. Montreal-based CN Rail ended the month moving 3.27 million tonnes while Canadian Pacific Railway shipped 3.

Vancouver home sales were up 29 per cent compared with a year ago in October, making it the second-best October on record, the Real Estate Board of Greater Vancouver said Tuesday.

SASKATOON — Strong growth in global food demand combined with promising harvest and fertilizing plans in the United States and elsewhere around the world bode well for Nutrien Ltd. going into 2021, chief executive Chuck Magro says.