National Business

TORONTO — The head of the Business Council of Canada is worried about the country's inability to produce vaccines and certain medical supplies, but hopes the pandemic will pressure governments to rectify the situation.

Twitter is branching out from advertising to find more ways to make money — both for itself and for its most prolific users, whether those are businesses, celebrities or regular people.

OTTAWA — Canada's top court has decided against hearing a pair of appeals brought to it by Bell Canada, Rogers Communications and a number of cable companies seeking to overturn a CRTC decision that lowered the wholesale rates those companies charge

TORONTO — Canada’s small businesses have collectively taken on $135 billion in debt in an attempt to survive the pandemic, a dizzying amount that could hurt the country's economic recovery, according to a report released Thursday.

MONTREAL — The Caisse de depot et placement du Quebec posted a return of 7.7 per cent in 2020, below its benchmark index of 9.2 per cent as the investment fund plans changes to its portfolio in response to the COVID-19 pandemic.

CALGARY — Imperial Oil Ltd. is cutting one billion barrels from its inventory of oilsands bitumen following a year marked by low oil prices and budget cutting amid the COVID-19 pandemic and a global price war between major oil producers.

VANCOUVER — Healthy growth is forecast for British Columbia through 2023 by Central 1, the financial services partner for 250 credit unions across Canada. The Vancouver-based firm predicts growth of 4.2 per cent this year, 4.

Buyers are spending more money on home purchases in several major Canadian cities, even as the COVID-19 pandemic causes layoffs and income reductions across the country. The Canada Mortgage and Housing Corp.

TORONTO — OMERS says its portfolio lost 2.7 per cent, net of expenses, last year as the COVID-19 pandemic hammered its investments.

TORONTO — CIBC chief executive Victor Dodig credited the fast-paced mortgage market and new cash-back reward credit cards as factors behind the bank's better-than-expected first-quarter profit growth, as the bank also slashed its provisions for credi