National Business

MONTREAL — Quebecor Inc. says its net profits grew 23 per cent in its latest quarter on higher revenues. The Quebec-based telecommunications company says its net income attributable to shareholders was $173.

MONTREAL — Gildan Activewear Inc. has stitched record-high profits in its latest quarter on strong sales growth that even surpassed 2019 levels. The Montreal-based maker of T-shirts, underwear and socks, which reports in U.S.

TORONTO — Ontario is calling on the federal government to double the number of immigrants allowed into the province under a program aimed at boosting the skilled workforce.

TORONTO — Ontario is calling on the federal government to double the number of immigrants allowed into the province under a program aimed at boosting the skilled workforce.

FRANKFURT, Germany (AP) — OPEC and allied oil-producing countries rebuffed pressure from U.S. President Joe Biden to pump significantly more oil and lower gasoline prices for U.S.

MONTREAL — The pace of home sales in Montreal in October fell 24 per cent compared with a record total for the month last year, while prices soared higher.

OTTAWA — Canada merchandise trade surplus grew to $1.9 billion in September compared with $1.5 billion in August as both imports and exports fell due in part to the shortage of semiconductor chips that hurt auto production.

WASHINGTON (AP) — The U.S. trade deficit hit an all-time high of $80.9 billion in September as American exports fell sharply while imports, even with supply chain problems at American ports, continue to climb.

Canadians are emerging from the pandemic with a lack of confidence in their financial knowledge, with many underestimating how much they actually know about topics like savings, debt, investing and insurance, a new poll has found.

LONDON (AP) — The Bank of England has confounded market expectations and held U.K.