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Upper Crust owner SSP Group says it believes that demand for travel will return , despite the coronavirus pandemic dragging down sales. The firm said weekly sales are currently 76 below...
Business
According to the CFIB, it could be more than eight years before revenues return to normal at restaurants and hotels in Canada after the pandemic. File SHARE CALGARY...
Business
CALGARY Canadian exports of crude oil by rail fell to another eight year low in July despite the gradual recovery of North American fuel demand from low levels due to...
Business
EDMONTON Aurora Cannabis Inc. says it incurred $3.3 billion in losses in its 2020 fiscal year, including $1.86 billion in its latest quarter due to large impairment charges. It...
Business
OTTAWA Shopify Inc. is working with the FBI after two “rogue members” of its support team engaged in a scheme to illegitimately obtain customer transactional records of some merchants....
Business
Ford Motor Co. and Unifor have dodged a strike and reached a tentative agreement on a new labour contract, which the union says includes a commitment by the automaker to...
Business
Many hotels are cutting down on daily cleaning during the pandemic , and they say it’s for the safety of their guests and employees. But unions representing hospitality workers say...
Business
In a decade at the helm of TC Energy, CEO Russ Girling has accomplished a great deal, such as securing a US$13 billion acquisition to extend its geographic footprint in...
Business
TORONTO The technology sector helped North American stock markets to bounce back despite ongoing concerns about COVID 19 infections and U.S. political gridlock. The S&;P/TSX composite index closed...
Business
TORONTO The technology sector helped North American stock markets to bounce back Tuesday despite ongoing concerns about COVID 19 infections and U.S. political gridlock. I think that there...
Business
TORONTO A new study found Indigenous employers provide Indigenous workers with comparable income and better job satisfaction than other employers. The study is based on responses from Ontario participants...
Business
OTTAWA Giant Tiger Stores Ltd. says veteran company executive Paul Wood will take up the reins as founder Gordon Reid steps down from his role as chief...
Business
The Prime Minister’s Office says Trudeau will speak to Canadians directly on the “urgency of fighting COVID 19” as the country faces a second wave of the pandemic. Those plans will...
Business
MONTREAL Bombardier Inc. shares fell to a new low Tuesday after Spirit AeroSystems said some closing conditions on its planned acquisition of Bombardier’s aerostructures business remain unmet, injecting a...
Business
DBRS Morningstar confirmed its triple A rating for Canada’s debt despite expectations of the country’s highest ever fiscal deficit, citing a strong recovery from the worst so far of the pandemic...
Business
If the federal government isn’t careful, its decision to wind down the Canada Emergency Response Benefit could deal a blow to people’s livelihoods and blunt the country’s economic rebound from...
Business
Ralph Lauren Corp. said it’s trimming its workforce as the preppy apparel maker changes its structure and accelerates plans to shift to more online sales. The cuts are expected to...
Business
HALIFAX Atlantic Canada’s airports say they need more money from the federal government to cope with a massive decline in airline traffic owing to the COVID 19 pandemic. The Atlantic...
Business
CALGARY Inter Pipeline Ltd. says it has signed a deal to sell a majority of its European bulk liquid storage business to the CLH Group for $715 million. The...
Business
Germany’s DAX rose 1.1 per cent to 12, 679.53 and the CAC 40 in Paris picked up 0.5 per cent to 4, 816.09. Britain’s FTSE edged 0.1 per cent higher to 5, 807.31....