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National Business
National Business
Oilpatch optimism expected to rise as difficult second-quarter finally ends
CALGARY — A rebound in oil prices as consumer demand for gasoline rises will buoy energy companies as they give quarterly results starting next week, but analysts say there are still too many uncertainties to expect any new spending in the sector.
Jul 14, 2020 6:05 AM
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Calfrac Well Services seeks to swap shares for debt in recapitalization plan
CALGARY — Calfrac Well Services Ltd. is seeking to restructure in a plan that will see its debtholders swap unsecured notes for shares in the company.
Jul 14, 2020 5:49 AM
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WestJet increasing service for August, but still remains fall below a year ago
CALGARY — WestJet plans to restart non-stop flights from Calgary to London and Paris next month as it slowly increases the number of flights it offers this summer. The airline says it will resume the flights to London and Paris starting Aug. 20.
Jul 14, 2020 5:07 AM
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Uncertainty over schooling plans has working mothers mulling leaving workforce
Statistics Canada's June Labour Force Survey shows the employment recovery has been 'slowest for mothers with school-aged children.'
Jul 13, 2020 4:11 PM
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US budget deficit hits all-time high of $864 billion in June
WASHINGTON — The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.
Jul 13, 2020 3:19 PM
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Pieridae Energy says engineering company seeking exit from Goldboro LNG deal
CALGARY — The engineering company hired to build the proposed Goldboro LNG export facility in Nova Scotia is withdrawing from an agreement to provide a fixed price contract for the job, developer Pieridae Energy Ltd. said Monday.
Jul 13, 2020 2:56 PM
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Experts believe Edmonton will change its CFL team name
As pressure mounts for professional sports teams to shed racist or stereotypical names, experts believe the Canadian Football League's Edmonton Eskimos will soon announce a name change.
Jul 13, 2020 2:53 PM
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Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (15,639.41, down 74.41 points.) The Toronto-Dominion Bank (TSX:TD). Financials. Up 84 cents, or 1.4 per cent, to $60.
Jul 13, 2020 2:23 PM
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North American stock markets reverse from strong morning gains on vaccine hopes
TORONTO — North American stock markets plunged after a strong start to the week as a slide from Tesla Inc. and big tech company shares reversed a morning surge.
Jul 13, 2020 2:15 PM
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Ottawa to extend wage subsidy program until end of year
Prime Minister Justin Trudeau said more details on the extension would come later this week; PM also apologized for not recusing himself from discussions about the administration of Ottawa's $900 million student volunteer program
Jul 13, 2020 1:00 PM
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