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National Business
National Business
Canadian small business confidence drops in October as COVID-19 cases rise
Small business confidence appears to be an inverse function of the COVID-19 case count, with a new report finding the outlook of entrepreneurs fell in October just as the pandemic's second wave tracked upward.
Oct 29, 2020 4:26 PM
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N.S. offers hotels, motels property tax rebate to help with COVID-induced losses
HALIFAX — Nova Scotia hotel, motel and inn operators hit hard by the COVID-19 pandemic are being offered a property tax rebate. The rebate program will cost about $4.
Oct 29, 2020 4:08 PM
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Gildan understands airline industry's pain as reduced travel hurts T-shirt business
Gildan Activewear Inc. says it is feeling some of the same pain as the airline industry as COVID-19 has upended the tourism business and demand for holiday printed T-shirts.
Oct 29, 2020 4:07 PM
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Recall of Daily Shield hand sanitizer expanded, manufacturer's licence suspended
Health Canada has suspended the licence of a Mississauga manufacturer of hand sanitizer and issued an expanded recall for some of its products found to contain unauthorized ingredients that could be unsafe for consumers.
Oct 29, 2020 3:50 PM
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Suncor says end of Alberta oil quotas a "positive signal" as it reports $302M loss
CALGARY — The Alberta government's decision to end its oil production curtailment program in December after almost two years is "a very positive signal" for oilsands and refining giant Suncor Energy Inc., CEO Mark Little said Thursday.
Oct 29, 2020 3:38 PM
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One-time costs of Husky takeover expected to be about $500 million, says Cenovus CEO
CALGARY — The one-time costs of merging with Husky Energy Inc. are expected to total about $500 million, including severance, says the CEO of Cenovus Energy Inc., adding the expense is worth it given the expected savings of about $1.
Oct 29, 2020 2:53 PM
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U.S. OKs extradition of 2 nabbed in ex-Nissan boss' escape
BOSTON — The U.S. State Department has agreed to turn over to Japan two American men accused of smuggling former Nissan Motor Co.
Oct 29, 2020 2:44 PM
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Beyond beer: Molson Coors sales dip but brewer remains focused on future growth
MONTREAL — Molson Coors Beverage Co. recorded a lacklustre third-quarter as ongoing COVID-19 restrictions and packaging material constraints curbed the brewing giant's sales. The Montreal-based company, which reports in U.S.
Oct 29, 2020 2:41 PM
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'Bleak' drilling forecast calls for even fewer Canadian oil and gas wells in 2021
CALGARY — The Petroleum Services Association of Canada says it expects another "bleak" year for Canadian oil and gas drilling in 2021.
Oct 29, 2020 1:17 PM
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46 cases of COVID-19 linked to wedding events in Vaughan, Ont., health officials say
VAUGHAN, Ont. — Health officials north of Toronto say 46 cases of COVID-19 have now been linked to a large wedding. York Region Public Health says the wedding took place at an event centre in Vaughan, Ont.
Oct 29, 2020 12:37 PM
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