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National Business
National Business
Ottawa pitches in $320M to help Newfoundland and Labrador offshore oil sector
ST. JOHN'S, N.L. — The Canadian government is giving $320 million to Newfoundland and Labrador's struggling offshore oil and gas industry. Natural Resources Minister Seamus O'Regan made the funding announcement Friday at a news conference in St.
Sep 25, 2020 4:39 PM
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Technology and utilities push TSX up to end choppy week of trading; loonie dips
TORONTO — The technology and utilities sectors pushed Canada's main stock index higher to end another choppy week. "It's been very sloppy," said Colin Cieszynski, chief market strategist at SIA Wealth Management.
Sep 25, 2020 4:37 PM
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As restaurants brace for cold weather, second wave, industry seeks meal subsidy
HALIFAX — Two things are keeping Brenda O'Reilly’s restaurants in Newfoundland and Labrador afloat: Government subsidies and patios. “Patios have been a real godsend,” the owner of four St. John’s restaurants said in an interview Friday.
Sep 25, 2020 4:09 PM
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Cogeco says its strategy unaltered by costly Rogers promises to invest in Quebec
MONTREAL — Cogeco Communications Inc. says its strategy is unaltered by costly promises made to Quebec from Rogers Communications Inc. in the event it succeeds in acquiring the telecom company.
Sep 25, 2020 3:39 PM
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B.C. municipalities want province to share cannabis tax money from Feds
A group advocating on behalf of municipalities and some First Nations across B.C. wants the province to share its cannabis excise tax revenue. The Union of B.C.
Sep 25, 2020 3:33 PM
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Furloughed WestJet workers demand clarity on wage subsidy program amid pay cut
WestJet Airlines Ltd. is warning furloughed workers their pay will be cut by up to 53 per cent starting Sunday due to changes in the extended federal wage subsidy, prompting flight crews to call on Ottawa for action.
Sep 25, 2020 3:30 PM
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Feds offer $50-million fund to film, TV productions struggling to get insurance
Canadian producers are applauding a new temporary federal relief fund to help film and television productions that have been stalled by a lack of COVID-19 insurance.
Sep 25, 2020 3:10 PM
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Tourmaline Oil files preliminary prospectus for $252.5M Topaz Energy IPO
CALGARY — Shares in Tourmaline Oil Corp. tracked lower Friday as its subsidiary, Topaz Energy Corp., announced it has filed a preliminary prospectus to raise $252.5 million through an initial public offering.
Sep 25, 2020 2:15 PM
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Desk shortage forces people to get creative about workspaces
NEW YORK — First it was toilet paper. Disinfectant wipes. Beans. Coins. Computers. Now, desks are in short supply because of the coronavirus pandemic.
Sep 25, 2020 2:11 PM
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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: Meng hearing A Vancouver court will hold a hearing in Huawei Technologies Co. Ltd. CFO Meng Wanzhou’s extradition case.
Sep 25, 2020 11:44 AM
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