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Trends that drove lumber prices to record highs will continue, Canfor CEO predicts

The work-from-home trend that drove lumber prices to record levels and helped producer Canfor Corp. realize record high revenues in the third quarter is expected to continue to provide benefits going forward, CEO Don Kayne says.
Canadian companies that have filed for creditor protection since COVID-19 pandemic

Canadian companies that have filed for creditor protection since COVID-19 pandemic

TORONTO — A list of some of the companies that have taken steps under the Companies' Creditors Arrangement Act or Bankruptcy and Insolvency Act since the beginning of the pandemic: Oct. 23: Le Chateau Inc. (apparel retailer) Sept.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Cogeco earnings Cogeco Inc. and Cogeco Communications release Q4 results after markets close on Tuesday.
Veggie burgers are still burgers, at least in Europe

Veggie burgers are still burgers, at least in Europe

BRUSSELS — It’s a meaty issue but the EU has taken a stance: veggie burgers are in fact burgers.
Trial of Russian in alleged bitcoin fraud to wrap in Paris

Trial of Russian in alleged bitcoin fraud to wrap in Paris

PARIS — French prosecutors requested on Friday a 10-year jail term and a fine of 750,000 euros ($888,634) against Alexander Vinnik, who is accused of being behind a 135 million-euro ($160 million) fraud campaign that used ransomware and the cryptocur
Automaker Daimler rebounds after lockdowns, raises outlook

Automaker Daimler rebounds after lockdowns, raises outlook

FRANKFURT — Daimler, the maker of Mercedes-Benz luxury cars and Freightliner trucks, saw third-quarter profit rebound as the company clamped down on costs and auto sales recovered after the coronavirus lockdowns of earlier in the year.
Seth Rogen on fighting cannabis stigma and why pot should be as accepted as beer

Seth Rogen on fighting cannabis stigma and why pot should be as accepted as beer

TORONTO — When actor Seth Rogen was growing up and smoking cannabis in Vancouver, he recalls there was a constant cloud of shame around the substance that still lingers.
Surging lumber prices prompt record segment profits and surging third-quarter results

Surging lumber prices prompt record segment profits and surging third-quarter results

VANCOUVER — Canfor Corp. says its net profit surged in the third quarter on record lumber earnings that were driven by an unprecedented increase in prices. The Vancouver-based forest products company says it earned $218.1 million or $1.
US: Russian hackers targeting state, local networks

US: Russian hackers targeting state, local networks

WASHINGTON — U.S. officials said Thursday that Russian hackers have targeted the networks of dozens of state and local governments in the United States in recent days, stealing data from at least two servers.
Walmart sues US in pre-emptive strike in opioid abuse battle

Walmart sues US in pre-emptive strike in opioid abuse battle

NEW YORK — Walmart is suing the U.S. government in a pre-emptive strike in the battle over its responsibility in the opioid abuse crisis.
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