National Business

OAKVILLE, Ont. — Ford Motor Co. of Canada Ltd. has promoted executive Bev Goodman, a 25-year veteran of the Oakville automaker, to the job of president and CEO.

TORONTO — Volatility continued to grip North American stock markets with gains to begin the week after days of large movements that culminated in the biggest weekly loss in three months last week. The S&P/TSX composite index closed up 355.

CALGARY — Shares in some Canadian silver mining companies posted double-digit increases on Monday as the price of the shiny white metal surged to eight-year highs with some crediting promotional discussions on social media sites like Reddit.

TORONTO — Canadian space technology and robotics giant MDA will begin offering its workers rapid COVID-19 testing at its Brampton, Ont.

TORONTO — Bell Media says it has cut staff, including on-air broadcast roles, as part of a streamlining process. Bell spokesman Marc Choma says there have been a limited number of staff reductions, but did not specify how many jobs had been cut.

METEGHAN, N.S. — A large floating platform with six underwater turbines was launched Monday near the mouth of the Bay of Fundy, marking the latest high-tech bid to generate electricity by harnessing the bay's powerful tides.

TORONTO — At Toronto's Enercare Centre, winter brings conference season and its halls fill with the scent of cheese, pastries and desserts ahead of the annual Restaurants Canada Show.

OTTAWA — Shares of Dorel Industries Inc. rose Monday after the group looking to take Montreal-based company private raised its takeover offer by 10 per cent in an attempt to win the support of investors who have been critical of the bid.

PORTLAND, Maine — The thrill of hurtling along a remote trail, coupled with Americans’ ongoing desire to get outside during the pandemic, is creating the biggest boom in more than two decades for the snowmobiling industry.

DALLAS — Major League Baseball consultant Theo Epstein was hired Monday by a financial firm that advises on investments in sports teams.