National Business

OTTAWA — Sales of residential properties in May were up from a record low in April, but were still down 39.8 per cent from the same month last year, the Canadian Real Estate Association reported Monday.

DOAKTOWN, N.B. — J.D. Irving Ltd. says work will get underway next month on the $35-million modernization and expansion at its sawmill in Doaktown, N.B.

OTTAWA — Canadian manufacturing sales fell by a record amount in April, the first full month of physical distancing measures in the wake of COVID-19, but sales are expected to regain at least some ground in May as factories moved to resume production

DETROIT — There’s a lot riding on the Nissan Rogue, the struggling Japanese automaker’s top-selling vehicle in the hottest part of its second-biggest market, the United States.

LONDON — Energy company BP is writing down its oil and gas assets by as much as $17.

As the COVID-19 pandemic shut down large parts of the economy and upended the way many companies do business, Canadian consumers were watching, and judging.

TORONTO — The Rogers family is making a $60-million donation to various charities across Canada to help those hurt financially by the COVID-19 pandemic.

LONDON, Ont. — The Ivey Business School at Western University has appointed former Bank of Canada governor Stephen Poloz as advisory council chair of its Lawrence National Centre for Policy and Management.

REGINA — Saskatchewan Finance Minister Donna Harpauer will present the province's budget today. The government and Opposition NDP have agreed to meet for a 14-day sitting starting June 15, but only some members will be returning to the legislature.

MANILA, Philippines — An award-winning journalist critical of the Philippine president was convicted of libel and sentenced to jail Monday in a decision called a major blow to press freedom in an Asian bastion of democracy.