National Business

OTTAWA — Canada's national unemployment rate was 6.5 per cent in January. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 12.8 per cent (11.9) _ Prince Edward Island 9.

OTTAWA — The national unemployment rate rose to 6.5 per cent in January. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.

EDMONTON — Premier Jason Kenney says his government will announce next week a date to end Alberta's COVID-19 vaccine passport, with the actual cancellation coming soon after that.

BANGKOK (AP) — Asian shares were mostly higher Friday after a historic plunge in the stock price of Facebook’s parent company helped yank other tech stocks lower on Wall Street. Hong Kong jumped 2.6% after reopening from Lunar New Year holidays.

BURNABY, B.C. — Interfor Corp. is reporting a near tripling in profits last year despite a weaker fourth quarter in which net earnings were cut by more than half. The Burnaby, B.C., lumber producer says it earned $819 million or $12.

NEW YORK — Amazon's profits in the fourth quarter nearly doubled, beating analysts' expectations, even as the online behemoth continues to contend with surging costs tied to a snarled supply chain and labour shortages.

Lightspeed Commerce Inc.'s new chief executive is insisting the company is on track to meet its growth and profitability targets after just one day in the top job.

WATERLOO, ONT. — OpenText Corp. is raising its fiscal 2022 guidance after swinging to a US$88.3 million profit attributable to shareholders in its latest quarter on a 2.5 per cent increase in revenues. The Waterloo, Ont.

TORONTO — A big earnings miss from Facebook's parent company rippled across the technology sector as Canadian and U.S. stock markets fell for the first time in five days even as crude oil surpassed US$90 a barrel for the first time since 2014.

TORONTO — Greater Toronto Area home sales tumbled as fewer properties were listed and market conditions tightened last month, weighing on the regional real estate board’s sales forecasts for the year, but not dampening its price predictions.