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Vinyl popularity softens decline of Canadian album sales: industry report

Vinyl popularity softens decline of Canadian album sales: industry report

TORONTO — Ten years ago, it would've been unthinkable that vinyl records could soften the decline of Canadian music sales, but a new industry roundup says renewed popularity in the physical discs did just that in 2021.
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How to minimize maintenance fee shocks when shopping for a condo

How to minimize maintenance fee shocks when shopping for a condo

TORONTO — There’s no avoiding maintenance fees if you buy a condo, but there are ways to reduce the risk of nasty surprises down the road.
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Merchandise trade surplus $3.1 billion in November, Statistics Canada reports

Merchandise trade surplus $3.1 billion in November, Statistics Canada reports

OTTAWA — Canada's merchandise trade surplus rose to $3.1 billion in November, despite the disruptions caused by flooding and landslides in B.C., Statistics Canada said Thursday. The agency said the result compared with a revised surplus of $2.
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Nearly 5,000 layoffs at Cineplex after Ontario closes movie theatres

Nearly 5,000 layoffs at Cineplex after Ontario closes movie theatres

TORONTO — Cineplex Inc. says it has temporarily laid off nearly 5,000 part-time employees because of mandated closures of its Ontario movie theatres to tackle the surge of the Omicron variant.
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Music: 2021 was a good year for Wallen, Adele - and vinyl

Music: 2021 was a good year for Wallen, Adele - and vinyl

NEW YORK (AP) — New data from the music industry confirms what a lot of people long suspected — 2021 was a very good year for Morgan Wallen, Adele and vinyl.
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November trade deficit hits near record-high $80.2 billion

November trade deficit hits near record-high $80.2 billion

WASHINGTON (AP) — The U.S. trade deficit surged to a near-record high of $80.2 billion in November as exports slowed at the same time that imports jumped sharply. The November deficit was 19.3% higher than the October deficit of $67.
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US jobless claims rise by 7,000, but still low at 207,000

US jobless claims rise by 7,000, but still low at 207,000

WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose last week but remained at historically low levels, suggesting that the job market remains strong. U.S. jobless claims rose by 7,000 last week to 207,000.
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Stelco Holdings says fourth-quarter steel shipments fell short of guidance

Stelco Holdings says fourth-quarter steel shipments fell short of guidance

HAMILTON — Stelco Holdings Inc. says its steel shipments in the fourth quarter of last year were below its guidance as it was hurt by production and logistics challenges and the emergence of the Omicron variant of COVID-19.
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Envelope and packaging company Supremex to resume paying a quarterly dividend

Envelope and packaging company Supremex to resume paying a quarterly dividend

MONTREAL — Supremex Inc. is reinstating its payment of a quarterly dividend after suspending it in the early days of the pandemic. The maker of envelopes and paper packaging says it will pay a quarterly dividend of 2.5 cents per common share.
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Toronto home sales lead to record 2021 despite weaker December

Toronto home sales lead to record 2021 despite weaker December

TORONTO — A resurgence in demand for Toronto homes contributed to record residential real estate sales and prices in 2021 despite a dip in December.
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