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OTTAWA The Bank of Canada is expected to keep its key interest rate unchanged this morning on the first day of governor Tiff Macklem’s tenure. Economists expect the central...
Business
Work as we know it must be revamped to ensure safer workplaces and a successful rebound for the economy, or Canada’s recovery will be “derailed again and again.” In a...
Business
OTTAWA Prime Minister Justin Trudeau will continue today to make the case for a co ordinated global response to cushion the economic impact of the COVID 19 pandemic on the world’s...
Business
Portugal s foreign minister has said anyone in the UK thinking of going to Portugal this summer would be most welcome amid coronavirus. Augusto Santos Silva said tourists will be...
Business
Google has been sued in the US over claims it illegally invades the privacy of users by tracking people even when they are browsing in private mode . The class action...
Business
The UK s largest car manufacturing plant is unsustainable if the UK leaves the European Union without a trade deal, owner Nissan says. The Japanese company s global chief operating...
Business
The owner of Frankie & Benny s and Garfunkel s is set to tell staff that a large number of its outlets will not reopen after lockdown. In an email...
Business
CALGARY Ski resorts in the province have been closed since the middle of March but some are set to reopen for summer activities in the coming weeks....
Business
The Liberals had expected the Canada Emergency Response Benefit to cost the federal purse about $35 billion this fiscal year, but revised that estimate in recent days after realizing more...
Business
TORONTO DesRosiers Automotive Consultants says Canadian auto sales dropped by 44 per cent in May, an improvement from the estimated 74.6 per cent decline in April when the COVID 19 outbreak...
Business
For many, the migration to paperless billing is an environmentally friendly sign of the times, particularly during the COVID 19 pandemic that has spurred a huge shift to digital only commerce....
Business
Global Infrastructure Partners and Brookfield Asset Management are close to taking a stake in the Abu Dhabi National Oil Company’s natural gas pipelines, according to people familiar with the matter....
Business
Administrators Deloitte announced that attempts to rescue the firm had failed and there would be 2, 169 redundancies with 22 staff retained. Deloitte said the coronavirus pandemic and lockdown had presented...
Business
According to the Real Estate Board of Greater Vancouver, prices are up slightly in May over the same time last year an increase of 2.9 per cent. Although sales...
Business
MONTREAL Popular hunting, camping, and sports companySail Outdoors Inc. will be restructuring its operations in response to challenges posed by the COVID 19 pandemic and has filed for...
Business
OPEC and its allies edged closer to a consensus on extending production cuts to prop up the oil market, even as wrangling continued for a third day about whether to...
Business
CALGARY — Athabasca Oil Corp.’s bankers have cut the oilsands producer’s credit by more than half, forcing the company to seek federal aid to survive the coronavirus pandemic induced oil price...
Business
EasyJet and cruise firm Carnival are to lose their place on the prestigious FTSE 100 after the coronavirus impact hit their share prices. The airline lost up to two thirds of...
Business
The Laval, Que. based retailer says in a statement that it filed for protection under the Bankruptcy and Insolvency Act as part of a restructuring process. CEO Norman Decarie says store...
Business
Richard Branson is considering selling another chunk of his stake in Virgin Galactic Holdings Inc., a move that could provide about $200 million U.S. to support his broader Virgin business...