Skip to content

National Business

TSX gets lift from financials, U.S. markets rise to highest levels since March

TSX gets lift from financials, U.S. markets rise to highest levels since March

TORONTO — Canada's main stock index got a lift from the heavyweight financials sector, while U.S. markets surged to their highest levels in more than two months on improving sentiment from economic reopenings.
Protesters gather outside N.B. legislature as members resume busy spring session

Protesters gather outside N.B. legislature as members resume busy spring session

FREDERICTON — The COVID-19 pandemic, the economy, and vaccines were among the topics as the New Brunswick legislature got back into session Tuesday.
Higher prices encourage Canadian producers to boost oil production

Higher prices encourage Canadian producers to boost oil production

CALGARY — Western Canadian producers are moving to restore some oil production as crude prices rise with demand thanks to the gradual opening of the world economy and OPEC and Russian output cuts.
BC Ferries losing up to $1.5 million each day as pandemic tanks ridership

BC Ferries losing up to $1.5 million each day as pandemic tanks ridership

OTTAWA — The Canadian Ferry Association says BC Ferries is bleeding cash, with losses of up to $1.5 million per day as the COVID-19 pandemic continues to take a toll on ridership.
Quebec to loan up to US$200 million to struggling Cirque du Soleil

Quebec to loan up to US$200 million to struggling Cirque du Soleil

The Quebec government is coming to the rescue of Cirque du Soleil, announcing a loan of up to US$200 million as part of an agreement that could eventually see the province take over the live entertainment giant now walking a financial tightrope.
Canada Pension fund manager posts 3.1 per cent annual return for 2019-20

Canada Pension fund manager posts 3.1 per cent annual return for 2019-20

TORONTO — A stock market crash in March due to the COVID-19 pandemic took a bite out of Canada Pension Plan Investment Board's returns for 2020 but other types of assets performed well during the same downturn, CPPIB chief executive Mark Machin said
Retailers add COVID-19 surcharge for services to help offset costs of pandemic

Retailers add COVID-19 surcharge for services to help offset costs of pandemic

VANCOUVER — Among the many changes that returning customers to Hatz Hair Studio in North Vancouver may notice is a $5 charge on their bill to help offset costs associated with operating during the coronavirus.
'This is not a garden-variety recession,' says Scotiabank CEO as Q2 profit falls

'This is not a garden-variety recession,' says Scotiabank CEO as Q2 profit falls

TORONTO — COVID-19 weighed down Bank of Nova Scotia's second quarter, causing its profit to plunge and the company to increase its reserves to cover bad loans. The Toronto-based bank reported Tuesday a profit of $1.
Under-fire UK government aide Cummings has Johnson's loyalty

Under-fire UK government aide Cummings has Johnson's loyalty

LONDON — Dominic Cummings helped Boris Johnson win power by pitting the people against the elite. Johnson’s Conservative administration has branded itself “the People’s Government.
Latam Airlines seeks bankruptcy protection as travel slumps

Latam Airlines seeks bankruptcy protection as travel slumps

BANGKOK — Latam Airlines, South America’s biggest carrier, sought U.S. bankruptcy protection Tuesday as it grapples with a sharp downturn in air travel sparked by the coronavirus pandemic.
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks