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Multi-unit housing starts up in some parts of Canada in April despite COVID-19
OTTAWA — Canada Mortgage and Housing Corp. says construction of multi-unit housing projects remained strong in some provinces last month despite the fight against the COVID-19 pandemic. CMHC estimates a 10.
May 8, 2020 9:47 AM
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Here's a quick glance at unemployment rates for April, by province
OTTAWA — Canada's national unemployment rate was 13.0 per cent in April. Here are the jobless rates last month by province (numbers from the previous month in brackets): — Newfoundland and Labrador 16.0 per cent (11.7) — Prince Edward Island 10.8 (8.
May 8, 2020 9:38 AM
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Here's a quick glance at unemployment rates for April, by Canadian city
OTTAWA — The national unemployment rate was 13.0 per cent in April. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
May 8, 2020 9:04 AM
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National employment numbers for April from Statistics Canada, at a glance
OTTAWA — A quick look at April employment (numbers from the previous month in brackets): Unemployment rate: 13.0 per cent (7.8) Employment rate: 52.1 per cent (58.5) Participation rate: 59.8 per cent (63.
May 8, 2020 9:01 AM
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TD expects U.S. retail banking business to take $1.1B charge for bad loans
Toronto-Dominion Bank says it expects to take a provision for credit losses related to its U.S. retail banking business of roughly $1.1 billion (US$800 million) in its second quarter due to the pandemic.
May 8, 2020 7:13 AM
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SNC free to exit Montreal in 2024 after shareholders vote down proposal
MONTREAL — SNC-Lavalin Group Inc. will be free to pull up stakes from Montreal — the seat of its operations for more than a century — come 2024, along the lines of a "Plan B" it submitted to federal prosecutors in 2018.
May 7, 2020 10:28 PM
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Uber loses $2.9 billion, offloads bike and scooter business
NEW YORK — Uber lost $2.9 billion in the first quarter as its overseas investments were hammered by the coronavirus pandemic, but the company is looking to its growing food delivery business and aggressive cost-cutting to ease the pain.
May 7, 2020 7:53 PM
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California doom: Staggering $54 billion budget deficit looms
SACRAMENTO, Calif. — California will have a budget shortfall of $54.3 billion because of the economic devastation wrought by the coronavirus, Gov.
May 7, 2020 7:45 PM
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Texas salon owner jailed for defying governor's order freed
DALLAS — A Texas salon owner who defied Republican Gov.
May 7, 2020 6:18 PM
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Cineplex delays first-quarter results due to COVID-19 pandemic
TORONTO — Cineplex says it's delaying the release of its first-quarter financial results as it focuses on the business impact of COVID-19.
May 7, 2020 5:45 PM
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