National Business

As home prices rise, a group of Toronto realtors say governments should focus economic recovery plans on housing supply — and be careful of stoking too much demand.

GATINEAU, Que. — Elanco Animal Health has agreed to make changes to a US$7.6-billion deal to buy several health care products for animals from Bayer AG in order to get approval from a Canadian regulator.

Canadian trials have just begun for a prospective COVID-19 vaccine but its Quebec-based manufacturer is already tempering expectations.

Delta Air Lines lost $5.7 billion during a brutal three-month stretch in which the coronavirus pandemic brought travel to a near standstill, and any hoped-for recovery has been smothered by a resurgence of infected Americans.

TORONTO — New Gold Inc. is reporting lower production from its Rainy River and New Afton gold mines in Canada during the second quarter, in part due to COVID-19 disruptions.

OTTAWA — A survey by Statistics Canada suggests that almost one in five businesses will look to further staffing cuts, bankruptcy or closing their doors if present COVID-19 conditions last for six months or more.

Burger King is staging an intervention with its cows. The chain has rebalanced the diet of some of the cows by adding lemon grass in a bid to limit bovine contributions to climate change.

HALIFAX — Nova Scotia's auditor general says the COVID-19 pandemic has the potential to raise costs for a health care expansion project that represents the largest capital output in the province's history.

TORONTO — Prince Edward Island is Canada's smallest province but has the country's highest number of job postings per capita, according to an analysis from Top Data. The analytics firm says data collected from job website Indeed.com found that P.E.I.

TORONTO — The operator of Canada's largest airport is cutting the size of its workforce by 27 per cent, including some of its management, due to a reduction of air traffic due to the COVID-19 pandemic.