National Business

CALGARY — Nick Zannis is thankful his greenhouse established online sales five years ago, now that the retail world has been turned upside down by the COVID-19 pandemic.

TORONTO — Five things to watch for in the Canadian business world in the coming week: CP Rail earnings Canadian Pacific Railway Ltd. will release first-quarter results after markets close on Tuesday. CP and rival Canadian National Railway Co.

Paul O’Neill, a former Treasury secretary who broke with George W. Bush over tax policy and then produced a book critical of the administration, died Saturday. He was 84. O’Neill’s son, Paul O’Neill Jr.

CALGARY — ConocoPhillips says it plans to cut production at its Surmont oilsands operation in northern Alberta due to low oil prices until market conditions improve.

REGINA — The Saskatchewan government predicted Friday that the economic fallout from COVID-19 could reduce the province's revenues by up to $3.3 billion.

TORONTO — North American markets closed the week up with a late-day surge, while the loonie rose against the U.S. dollar.

TORONTO — Heritage Minister Steven Guilbeault unveiled early plans on Friday to give $500 million to Canada's arts, sports and cultural sectors as they weather the COVID-19 pandemic — but exactly who will benefit remains to be determined.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (14,359.88, up 460.56 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up half a cent, or 1.18 per cent, to 43 cents on 15.

HALIFAX — Cities and towns of all sizes in Atlantic Canada are calling out for financial help to maintain basic and essential services as they feel the economic squeeze of battling COVID-19.

TORONTO — Canada's securities regulators are giving mutual funds temporary additional flexibility to borrow money in response to recent market volatility amid the COVID-19 pandemic.