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TORONTO The federal government needs to move quickly to support the Canadian news industry amid the economic downturn brought about by the response to the COVID 19 pandemic, an industry...
Business
Fiat Chrysler Automobiles NV plans to progressively restart production at its U.S. and Canadian auto plants beginning May 4, effectively extending its factory shutdowns by two weeks. The automaker is...
Business
China is ramping up production of masks and it seems every other country wants them, so what are Canada’s chances of getting their hands on some of the precious equipment...
Business
Torstar is eliminating 85 positions and cutting its operating budget amid a drop in advertising revenue in the wake of the COVID 19 pandemic. “Like almost every business in this climate,...
Business
The federal wage subsidy for small businesses that have seen a substantial revenue dip due to the COVID 19 outbreak has drawn mixed reviews, with 37 per cent in a new...
Business
Landlords to major retailers including the Loblaws grocery chain and Canadian Tire stores have begun discussions on rent amid the COVID 19 shutdowns. Choice Properties Real Estate Investment Trust, whose principal...
Business
Global Infrastructure Partners and Brookfield Asset Management Inc. are among investors in talks to jointly bid for a stake in Abu Dhabi National Oil Co.’s natural gas pipelines, which could...
Business
BILLINGS, MONT. A Canadian company said Monday that it s started construction on the long stalled Keystone XL oil sands pipeline across the U.S. Canada border despite calls from...
Business
Scotiabank did not share a cause of death for O’Neill, who joined its board in 2008 and was chairman between 2014 and 2019. O’Neill was long considered an advocate for...
Business
The last time a serious economic downturn hit in 2008, Evan Schade was in high school and the crisis seemed like a news event that happened to other people. This...
Business
“Experts can be among the first to spot signs of potential misconduct in our markets, ” said Jeff Kehoe, director of enforcement at the OSC, the only Canadian regulator that pays...
Business
Travellers and travel agents alike are increasingly frustrated with refund policies and customer service at Canadian airlines amid the COVID 19 pandemic. A petition calling on Ottawa to refuse bailouts to...
Business
Consumer confidence fell to a record low last week, surpassing even the worst numbers from the Great Recession after the coronavirus pandemic shut down much of the economy. The Bloomberg...
Business
Prime Minister Justin Trudeau did not say how many people have thus far not been approved for the Canada Emergency Response Benefit, which offers $500 a week payments for workers who have...
Business
The loonie is headed lower this quarter, at least according to some of the currency market’s top ranked forecasters, who depart from the consensus view that gains are likely. Canadian Imperial...
Business
Thousands of UK motorists have won the first stage of a High Court action against Volkswagen over the installation of emissions cheating devices in its diesel vehicles. It follows a...
Business
TORONTO The landlord for Loblaw Companies Ltd. and others says it is offering rent deferrals because of the COVID 19 pandemic on a case by case basis. Choice Properties Real Estate Investment...
Business
In the birthplace of exchange traded funds, investors continued to pile into the products last month despite volatility that sent stock indexes into bear market territory. Equity ETFs in Canada...
Business
CALGARY Trican Well Service Ltd. says it has cut its employee costs by half through salary reductions, layoffs and job sharing in reaction to a severe slowdown in drilling...
Business
If the world’s banks are in much better shape this time round, it’s little consolation for their shareholders nursing historic losses. As the coronavirus pandemic sparks corporate defaults, interest rate...