National Business

MONTREAL — Air Canada CEO Calin Rovinescu was on track to receive around $12.9 million in total compensation last year, but the value fell by more than half as the airline's shares stalled due to the COVID-19 pandemic.

TORONTO — Used car dealers in Ontario are starting to recover from the near total shutdown in April, but a survey released Monday suggests they expect sales and prices to be under pressure for the year as economic uncertainty clouds the market.

TORONTO — Canada's main stock index posted a triple-digit advance to start the trading week on a broad-based rally led by a resurgence among cannabis stocks.

TORONTO — If you were hoping to get out of putting on a face mask to visit stores and other businesses demanding customers wear one, think again.

TORONTO — Five business groups called on the Ontario government on Monday to impose a commercial eviction moratorium during the COVID-19 pandemic, warning that many small and medium-sized businesses are at risk of closing.

TORONTO — Transat AT has extended the timing of its acquisition by Air Canada after European regulators launched an in-depth investigation into the deal over concerns it may reduce competition and result in higher prices.

SOAVE, Italy — Gucci and Saint Laurent are two of the highest profile luxury fashion houses to announce they will leave the fashion calendar behind, with its relentless four-times-a-year rhythm, shuttling cadres of fashionistas between global capital

KARLSRUHE, Germany — A German court has ruled that Volkswagen must buy back cars from owners of its diesel cars equipped with software that evaded emissions testing — but consumers must accept the current value of the car based on the mileage they dr

LONDON — British leader Boris Johnson’s powerful chief aide insisted Monday that he wouldn't resign for driving the length of England while the country was under strict lockdown — a trip he made without informing the prime minister first.

OTTAWA — The Canada Revenue Agency is extending some of the filing deadlines for corporations and trusts in a move to help businesses and tax preparers dealing with the COVID-19 pandemic.