Skip to content
Join our Newsletter
Join our Newsletter

National Business

Manitoba pushes economic rebound as COVID-19 cluster linked to meat plant grows

Manitoba pushes economic rebound as COVID-19 cluster linked to meat plant grows

BRANDON, Man. — The Manitoba government has launched a campaign promoting a restart to the economy in a city that has seen a large increase in COVID-19 cases connected to a cluster in a meat-processing plant.
Unifor launches Big Three negotiations with warning against COVID concessions

Unifor launches Big Three negotiations with warning against COVID concessions

TORONTO — Negotiations with the Detroit Three automakers were launched Wednesday with Unifor national president Jerry Dias warning the union won't make any concessions, even if there is a "second wave" of coronavirus infection.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,575.28, down 78.27 points) StageZero Life Sciences Ltd. (TSX:SZLS). Health care. Up 2.5 cents, or 38.

Birchcliff Energy reports wider second-quarter loss on lower oil, liquids prices

CALGARY — Natural gas producer Birchcliff Energy Ltd. is reporting a $39.5-million second-quarter loss compared with a loss of $9.5 million in the year-earlier period.
North American stock markets surge higher with TSX boosted by energy sector

North American stock markets surge higher with TSX boosted by energy sector

TORONTO — The Toronto Stock Exchange's main index surged to its highest level since early March on the strength of the energy sector, while the S&P 500 fell just shy of an all-time high. The S&P/TSX composite index moved up 78.
Ontario budget deficit projected to jump to $38.5 billion in 2020-2021

Ontario budget deficit projected to jump to $38.5 billion in 2020-2021

TORONTO — The COVID-19 pandemic continues to take a heavy toll on Ontario, the province's finance minister said Wednesday as he announced the government has nearly doubled its deficit projection in just three months.
Sumner Redstone, who built media empire including CBS, dies

Sumner Redstone, who built media empire including CBS, dies

Sumner Redstone, who joined his family's drive-in movie chain in the 1950s and used it to build a vast media empire that included CBS and Viacom, has died. He was 97.
Shoppers Drug Mart to test three medical clinics in Toronto area this year

Shoppers Drug Mart to test three medical clinics in Toronto area this year

TORONTO — Shoppers Drug Mart is opening medical clinics in Toronto where family physicians will be available to take on a roster of patients and accept appointments for walk-in services.
Companies test antibody drugs to treat, prevent COVID-19

Companies test antibody drugs to treat, prevent COVID-19

With a coronavirus vaccine still months off, companies are rushing to test what may be the next best thing: drugs that deliver antibodies to fight the virus right away, without having to train the immune system to make them.
CAE to lay off 350 employees — mostly in Canada — as Q1 revenue drops by a third

CAE to lay off 350 employees — mostly in Canada — as Q1 revenue drops by a third

MONTREAL, Ont. — CAE Inc. plans to lay off 350 employees before November, part of a restructuring program slated to cost $100 million following a loss of more than that in its latest quarter as revenue fell by a third.