National Business

TORONTO — Shares of Spin Master Corp. plunged nearly 40 per cent Thursday after the toy maker reported a loss in its latest quarter and warned it expected its gross product sales to decline this year.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,553.99, down 225.54 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down five cents, or 4.95 per cent, to 96 cents on 13.

TORONTO — Facebook says it is stepping up efforts to stop misinformation from spreading about COVID-19.

HALIFAX — After receiving "several expressions of interest," Nova Scotia-based seafood giant Clearwater Seafoods Inc. announced Thursday it is exploring a possible sale of the company.

CALGARY — A boost in output from oilsands mines formerly operated by Shell Canada has sparked a $70-million expansion at a Shell oilsands upgrader, the president of Canadian Natural Resources Ltd. reported Thursday.

TORONTO — Credit rating agency Equifax Canada says average consumer debt increased 2.7 per cent to reach $72,950 at the end of 2019 as the pace of non-mortgage debt slowed.

FREDERICTON — When it comes to maple syrup production in Canada, Quebec dominates, but a claim by Ontario of being second has left a sour taste in the mouths of some producers in New Brunswick.

The Federal Court of Appeal has dismissed an attempt by airlines to suspend the country's new passenger rights charter until an appeal of the regulations is heard.

VIENNA — The OPEC oil cartel is calling for a deep production cut to keep crude prices from falling further as disruption to global business from the coronavirus slashes demand from air travel and industry.

TUCSON, Ariz. — When Oprah Winfrey chose the novel “American Dirt” for her book club, she imagined engaging in an impassioned television dialog about the narrative, which follows a Mexican mother and her son fleeing to the United States.