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National Business
National Business
Investment fund assets down 10% in March as COVID-19 worries spread
TORONTO — The Investment Funds Institute of Canada says fund holdings dropped by about 10 per cent in March from a month earlier, as investors worried about the economic impacts of the COVID-19 pandemic.
Apr 22, 2020 3:01 PM
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B.C. securities panel orders companies, founders to pay $37 million in fines
VANCOUVER — A group of companies and its founders have been fined nearly $37 million by a B.C. Securities Commission panel that says they misled investors, conducted unregistered trading and illegally sold securities.
Apr 22, 2020 2:45 PM
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Energy sector shutting down oil production as low crude oil prices persist
Calgary-based energy companies are continuing to reduce production, cut spending and trim costs as volatile oil prices remain stubbornly below profitable levels. Enerplus Corp.
Apr 22, 2020 2:42 PM
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Delta's 1st quarterly loss in 5+ years; worse is on the way
Delta Air Lines, the biggest and most profitable U.S. airline, lost $534 million in the first quarter, a setback that will appear trivial when the full force of the pandemic is revealed in the current quarter.
Apr 22, 2020 1:44 PM
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Greater Toronto Area home sales down 69 per cent mid-way through April
TORONTO — The Toronto Regional Real Estate Board says home sales were down 69 per cent in the first 17 days of April compared with a year ago as the COVID-19 outbreak put a chill on market activity.
Apr 22, 2020 1:20 PM
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Annual inflation rate cooled in March to 0.9 per cent as pandemic took hold
OTTAWA — The annual pace of inflation in Canada posted its biggest one-month decline in more than a decade, dropping below one per cent in March as the price of oil collapsed and the economy was first gripped by the COVID-19 pandemic.
Apr 22, 2020 12:27 PM
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Metro revenue continues to rise after COVID-19 buying rush levels off
One of Canada's largest grocery store chains has seen sales level off after the arrival of the COVID-19 pandemic sent shoppers flocking to grocery stores, but Metro Inc.
Apr 22, 2020 11:34 AM
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AP source: A-Rod, J-Lo retain JP Morgan in bid for Mets
NEW YORK — Alex Rodriguez, once again, wants to be like Derek Jeter. A-Rod and Jennifer Lopez, who are engaged, have retained J.P. Morgan to represent them in raising capital for a possible bid for the New York Mets.
Apr 22, 2020 9:49 AM
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Here's a list of March inflation rates for selected Canadian cities
OTTAWA — Canada's national annual inflation rate was 0.9 per cent in March, Statistics Canada reports.
Apr 22, 2020 8:57 AM
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Here's a list March inflation rates for Canadian provinces, territories
OTTAWA — Canada's national annual inflation rate was 0.9 per cent in March, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 0.1 per cent (1.7) — Prince Edward Island: 0.4 (2.
Apr 22, 2020 8:56 AM
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