Skip to content

National Business

Federal government giving broadcasters $30 million relief from CRTC fees

Federal government giving broadcasters $30 million relief from CRTC fees

OTTAWA — The federal government says it will help broadcasters deal with the fallout from COVID-19 by waiving $30 million usually paid by the industry to support the operations of Canada's telecommunications regulator.
Proposed B.C. container terminal would threaten endangered orcas: review panel

Proposed B.C. container terminal would threaten endangered orcas: review panel

VANCOUVER — A federally appointed panel has found the development of a new shipping container terminal south of Vancouver would result in "significant adverse" effects on endangered southern resident killer whales.
Time to 'revenge shop': China's virus hot spot reopens

Time to 'revenge shop': China's virus hot spot reopens

WUHAN, China — The city at the centre of China's virus outbreak was reopening for business Monday after authorities lifted more of the controls that locked downs tens of millions of people for two months.
Macy's, Kohl's, Gap to furlough majority of their workers

Macy's, Kohl's, Gap to furlough majority of their workers

NEW YORK — Macy's, Kohl's and Gap Inc. all said Monday they will stop paying tens of thousands of employees who were thrown out of work when the chains temporarily closed their stores and sales collapsed as a result of the pandemic.
Rest stops barring washroom access to truckers a 'huge problem' as virus spreads

Rest stops barring washroom access to truckers a 'huge problem' as virus spreads

Truckers are increasingly being denied warm meals, hot showers or even a place to wash their hands as rest stops close and service stations bar access to washrooms amid the COVID-19 pandemic.
Air Canada to temporarily lay off 16,500 staff due to COVID-19 fallout

Air Canada to temporarily lay off 16,500 staff due to COVID-19 fallout

MONTREAL — Air Canada will temporarily lay off 16,500 employees starting this week as the airline struggles with fallout from the COVID-19 pandemic.
Most actively traded companies on the TSX

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (13,038.50, up 350.76 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down three cents, or 6.59 per cent, to 42.5 cents on 17.
Energy sector pushes TSX higher despite big drop in price of crude oil

Energy sector pushes TSX higher despite big drop in price of crude oil

TORONTO — Canada's main stock index moved higher on gains by the key energy sector even though the price of crude oil dropped to its lowest level since 2002.
Owners of Cape Breton's Donkin coal mine permanently close underground operation

Owners of Cape Breton's Donkin coal mine permanently close underground operation

DONKIN, N.S. — A troubled underground coal mining operation in Cape Breton has been permanently closed by its owners.
Oilsands producers in the red as blended bitumen price dips below $4 per barrel

Oilsands producers in the red as blended bitumen price dips below $4 per barrel

CALGARY — Oilsands producers are likely losing money or barely breaking even as prices for Western Canadian Select bitumen-blend crude dipped as low as US$3.82 per barrel on Monday, analysts said.