Skip to content
Join our Newsletter

National Business

Federal government announces $3 million to support B.C. tech companies

Federal government announces $3 million to support B.C. tech companies

VANCOUVER — British Columbia's small- and medium-sized technology businesses are getting some financial help from the federal government.
Read more >
Rival bidder for Torstar seeks appeal of court ruling approving NordStar deal

Rival bidder for Torstar seeks appeal of court ruling approving NordStar deal

TORONTO — A rival bidder for Torstar Corp. is seeking to appeal an Ontario judge's ruling that allows NordStar Capital LP to proceed with its $60-million purchase of the newspaper publishing company.
Read more >
Toronto index falls, while price of gold continues streak of record highs

Toronto index falls, while price of gold continues streak of record highs

TORONTO — Major North American indexes dipped into the red Tuesday while gold continued its streak of record highs, inching closer to breaking the $2,000-an-ounce barrier.
Read more >
Late slump pulls Wall Street lower; gold sets another record

Late slump pulls Wall Street lower; gold sets another record

Stocks pulled lower on Wall Street Tuesday following a mixed set of earnings reports from dozens of big U.S. companies. The S&P 500 fell 20.97 points, or 0.6%, to 3,218.44 after a last-hour slide erased a small gain from earlier in the day.
Read more >
Sponsors, WE Charity 'mutually' agree to part ways, WE says amid controversy

Sponsors, WE Charity 'mutually' agree to part ways, WE says amid controversy

TORONTO — WE Charity says it has "mutually agreed" to suspend its partnerships after a flood of companies announced they were dropping their support for the embattled organization whose founders faced parliamentary hearings on Tuesday.
Read more >
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: George Weston earnings George Weston Ltd. releases its Q2 financial results on Tuesday.
Read more >
Boosting marginalized groups key to 'feminist economic recovery,' report says

Boosting marginalized groups key to 'feminist economic recovery,' report says

TORONTO — Canadians cannot expect the economy to fully recover from COVID-19 without helping those most affected by the downturn — including women, people of colour, and the LGBTQ+ community, a new report says.
Read more >
Pandemic hurts sales, profit for Pfizer amid restructuring

Pandemic hurts sales, profit for Pfizer amid restructuring

FAIRLESS HILLS, Pa. — Pfizer Inc. reported a 32% plunge in second-quarter profit, mainly due to the global coronavirus pandemic limiting marketing of and new prescriptions for its medicines, even as the drugmaker races to develop a vaccine.
Read more >
Oilsands production expected to rebound after pandemic-linked 2020 slump

Oilsands production expected to rebound after pandemic-linked 2020 slump

CALGARY — A new report predicts Canadian oilsands production will have its biggest annual decline on record this year, dropping by an average of nearly 175,000 barrels per day due to issues associated with the COVID-19 pandemic.
Read more >
Pipeline owner fined for unsafe incident near GO tracks in Greater Toronto

Pipeline owner fined for unsafe incident near GO tracks in Greater Toronto

CALGARY — The Canada Energy Regulator is fining Trans-Northern Pipelines $40,000 for an incident near a commuter train line in Greater Toronto that resulted in damage to a pipeline transporting gasoline.
Read more >