National Business

MILAN — European car sales plunged by nearly a quarter last year as the pandemic provoked the worst crisis ever to hit the capital-intensive industry. New car registrations sank by 23.7%, or 3 million vehicles, to 9.

SAN SALVADOR, El Salvador — The money sent home to El Salvador by migrants plunged 40% at the start of the coronavirus pandemic, but then recovered to end 2020 at a record high of $5.92 billion, authorities said Monday.

TOKYO — Japan's foreign minister accused South Korea on Monday of worsening already strained ties by making “illegal” demands for compensation for the sexual abuse of Korean women and use of forced labourers during World War II.

CALGARY — AltaLink wants to refund an additional $350 million to Alberta's electricity customers over the next three years because of low energy prices.

CALGARY — A British Columbia company that feeds food waste to insects to produce pet food has received $6 million from the federal government for a new plant just north of Calgary. Enterra Feed Corp.

PRINCE RUPERT, B.C. — The port in Prince Rupert, B.C., has set another record in defiance of the economic downtown caused by the COVID-19 pandemic.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (17,944.88, up 35.85 points.) Zenabis Global Inc. (TSX:ZENA). Health care. Up 2.5 cents, or 29.41 per cent, to 11 cents on 39.

TORONTO — Canada's main stock index edged higher in a broad-based rally even as energy was pulled down by the prospect of a presidential permit being rescinded for the Keystone XL project. The S&P/TSX composite index closed up 35.

CALGARY — Cancelling the multi-billion dollar Keystone XL pipeline expansion would not only jeopardize thousands of jobs in Alberta, it would also mean the loss of billions of dollars in corporate income taxes, carbon taxes and royalties, according t

ROME — Italian Premier Giuseppe Conte won a crucial vote in Parliament's lower house Monday night after a coalition defector's lawmakers abstained in the balloting, but he must clear a much tougher hurdle less than 24 hours later in the Senate to hol