Skip to content
Join our Newsletter

National Business

Calfrac Well Services seeks to swap shares for debt in recapitalization plan

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.
Read more >
WestJet increasing service for August, but still remains fall below a year ago

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.
Read more >
Uncertainty over schooling plans has working mothers mulling leaving workforce

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.'
Read more >
US budget deficit hits all-time high of $864 billion in June

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.
Read more >
Pieridae Energy says engineering company seeking exit from Goldboro LNG deal

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.
Read more >
Experts believe Edmonton will change its CFL team name

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.
Read more >
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 (15,639.41, down 74.41 points.) The Toronto-Dominion Bank (TSX:TD). Financials. Up 84 cents, or 1.4 per cent, to $60.
Read more >
North American stock markets reverse from strong morning gains on vaccine hopes

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.
Read more >
Ottawa to extend wage subsidy program until end of year

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
Read more >
Polish president wins 2nd term after bitter campaign

Polish president wins 2nd term after bitter campaign

WARSAW, Poland — Polish President Andrzej Duda declared victory Monday in a runoff election in which he narrowly won a second five-year term, acknowledging the campaign he ran was often too harsh as he appealed for unity and forgiveness.
Read more >