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National Business
National Business
South Korea-Japan trade fight moves to global dispute panel
GENEVA — World Trade Organization members on Wednesday created a dispute panel to rule on a complaint by South Korea against Japan over restrictions on exports to Korea of products used in semiconductors, mobile phone displays and television displays
Jul 29, 2020 1:34 PM
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Prolonged oil industry slump leads to third cut in Canadian drilling forecast
CALGARY — The Petroleum Services Association of Canada is cutting its 2020 Canadian drilling forecast for a third time as the industry remains mired in a slump expected to extend well into the second half of the year.
Jul 29, 2020 1:22 PM
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Aphria posts $98.8 million net loss in Q4, missing analyst estimates
Canadians may have clamoured to snatch up cannabis products as COVID-19 ravaged the country, but the demand was not enough to keep Aphria Inc. from incurring a multimillion-dollar loss and impairment charge. The Leamington, Ont.
Jul 29, 2020 12:14 PM
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Enbridge reports stronger than feared Q2 Mainline oil transport volumes
CALGARY — The main export system for Western Canada's oil production is recovering after volumes fell by less than feared amid the COVID-19 economic slowdown in the second quarter, pipeline company Enbridge Inc. reported Wednesday.
Jul 29, 2020 12:06 PM
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Shopify revenues nearly double in Q2 amid COVID-19 shift to e-commerce
COVID-19 is proving to be no match for Shopify Inc., which nearly doubled revenues and reported US$36 million in profits as the pandemic raged across Canada.
Jul 29, 2020 10:34 AM
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Elevate cancels Toronto tech festival this year, launches innovation exchange
TORONTO — Organizers behind the annual Elevate tech festival say they are cancelling this year's event because of the COVID-19 pandemic.
Jul 29, 2020 10:18 AM
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Sun Life becomes minority owner of Montreal-based telemedicine business Dialogue
MONTREAL — Dialogue Technologies Inc. says it has formed a partnership with Sun Life Financial Inc. that will see the insurance provider become a minority owner of the telemedicine business.
Jul 29, 2020 10:16 AM
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More Americans signed contracts to buy homes in June
SILVER SPRING, Md. — The number of Americans signing contracts to buy homes rose for the second straight month after a devastating spring freeze brought on by the coronavirus outbreak.
Jul 29, 2020 10:13 AM
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AMC, Universal agree to shrink theatrical window to 17 days
NEW YORK — In a sign of how the pandemic is remaking Hollywood traditions, AMC Theatres and Universal Studios on Tuesday announced an agreement to shorten the exclusive theatrical window to just 17 days for the studio's films.
Jul 29, 2020 9:38 AM
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Cameco losses mount to $53 million in second quarter despite surge in revenues
SASKATOON — Cameco Corp. missed earnings expectations as it lost $53 million in the second quarter despite a 35 per cent growth in revenues.
Jul 29, 2020 9:31 AM
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