National Business

CALGARY — Bonterra Energy Corp. says a hostile buyout offer by Calgary-based rival Obsidian Energy Ltd. is more of a "take-under" than takeover bid because it's out of step with its market value.

CALGARY — Forest product market analysts expect prices for lumber and building panels in North America will remain strong for several years despite recent price declines after an unprecedented surge to record high levels over the summer.

VANCOUVER — Highlights of the British Columbia NDP's platform in the Oct.

Appliance stores are grappling with a double whammy of surging demand and supply chain problems, resulting in mounting backorders ahead of the busiest shopping season of the year.

Boeing is lowering its expectations around demand for new planes over the next decade as the coronavirus pandemic continues to undercut air travel.

WASHINGTON — The head of the International Monetary Fund says that the global economy has started on a long climb to stronger growth with prospects looking a little better than four months ago.

WASHINGTON — The U.S. trade deficit rose in August to the highest level in 14 years. The Commerce Department reported Tuesday that the gap between the goods and services the United States sells and what it buys abroad climbed 5.9% in August to $67.

LONDON — The U.K.'s pubs and restaurants could see well over 500,000 job losses by the end of 2020 as a result of new coronavirus restrictions, including the requirement they shut their doors at 10 p.m.

WASHINGTON — U.S. employers advertised slightly fewer jobs in August as hiring ticked up modestly. The number of U.S. job postings on the last business day of August dipped to 6.49 million, down from 6.

OTTAWA — Canada's merchandise trade deficit narrowed to $2.4 billion in August as both exports and imports edged lower following double-digit percentage gains in June and July.