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BRP third-quarter profit tops expectations, raises guidance for full-year results

BRP third-quarter profit tops expectations, raises guidance for full-year results

BRP Inc. topped expectations Wednesday as it reported its third-quarter profit rose compared with a year ago and raised its guidance for its full financial year.
Ontario records 1,373 new COVID-19 cases; set to release holiday guidelines

Ontario records 1,373 new COVID-19 cases; set to release holiday guidelines

Ontario is reporting 1,373 new cases of COVID-19 today, and 35 new deaths linked to the virus. Health Minister Christine Elliott says 445 of today's new cases are in Toronto, while 415 are in Peel Region.

Consumer spending up a slight 0.5% as virus maintains grip

WASHINGTON — U.S. consumers increased their spending by a sluggish 0.
Slight gain of 1.3% in October for manufactured goods

Slight gain of 1.3% in October for manufactured goods

WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods showed a modest gain in October but much of the strength came from a big jump in orders for military equipment.
S&P/TSX composite edges lower in early trading, U.S. stock markets mixed

S&P/TSX composite edges lower in early trading, U.S. stock markets mixed

TORONTO — Canada's main stock index edged lower in early trading, weighed down by losses in the financial, energy and metals and mining sectors. The S&P/TSX composite index was down 4.55 points at 17,269.70.
US jobless claims up for 2nd straight week as virus worsens

US jobless claims up for 2nd straight week as virus worsens

WASHINGTON — The number of Americans applying for unemployment benefits rose last week for a second straight week to 778,000, evidence that the U.S.
Unchanged from early estimate, US economy grew 33.1% in Q3

Unchanged from early estimate, US economy grew 33.1% in Q3

WASHINGTON — The second of three estimates on U.S. growth for the July-September quarter was unchanged at a record pace of 33.1%.
Pension fund managers call for strengthened ESG disclosure by companies

Pension fund managers call for strengthened ESG disclosure by companies

TORONTO — A group of Canadian pension plan investment managers is calling on companies to standardize their environmental, social, and governance disclosure to help them in their investment decision-making and better assess and manage their risks.
Cascades to close its napkin plant in Laval, Que. in June 2021

Cascades to close its napkin plant in Laval, Que. in June 2021

KINGSEY FALLS, Que. — Cascades Inc. says it will close its napkin plant in Laval, Que., at the end of June next year. The plant currently employs 54 workers.
Spin Master signs Wizarding World licensing deal to develop Harry Potter toys

Spin Master signs Wizarding World licensing deal to develop Harry Potter toys

TORONTO — Toymaker Spin Master Corp. has announced a deal to develop toys and games based on the Harry Potter and Fantastic Beasts movies. The company says it has signed a global licensing agreement with Warner Bros.