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National Business
National Business
Record surge in oil prices pushes TSX high; U.S. markets also move higher
TORONTO — A record surge in crude oil prices pushed Canada's main stock index higher after some recent extreme volatility in response to COVID-19.
Mar 19, 2020 5:47 PM
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Project deferral, oil prices troubling for N.L. economy during pandemic
ST. JOHN'S, N.L. — The global COVID-19 pandemic is spelling trouble for Newfoundland and Labrador's oil and gas industry, adding to existing economic challenges in the cash-strapped province.
Mar 19, 2020 5:08 PM
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Investment watchdogs warn of COVID-19 fraud schemes, ask Canadians to report them
TORONTO — Canada's stock market regulators warned investors on Thursday to be wary of companies that claim to have products or services that will prevent, detect or cure the coronavirus infection.
Mar 19, 2020 4:57 PM
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Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (12,170.52, up 449.10 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up three cents, or 6.67 per cent, to 48 cents on 22.
Mar 19, 2020 4:44 PM
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Producers advised to spend nothing on drilling as oil price hovers at US$25
CALGARY — World oil prices have fallen so low that producers in Canada are being advised not to spend any money on drilling and, in some cases, to stop producing crude oil from existing wells. Benchmark U.S.
Mar 19, 2020 4:27 PM
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Agnico Eagle sends Nunavut mine workers home to guard against COVID-19 spread
TORONTO — Agnico Eagle Mines Ltd.
Mar 19, 2020 4:09 PM
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Reducing liquor store hours could undermine containment efforts: epidemiologists
Cutting liquor store hours amounts to a half-measure that could undermine efforts to contain COVID-19, epidemiologists say.
Mar 19, 2020 4:03 PM
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Hotel Association of Canada warns of impact of COVID-19 on business
OTTAWA — The Hotel Association of Canada is warning that the industry is going to be devastated as travel comes to a halt in a bid to slow the spread of COVID-19. The association says the hotel industry business has crashed over the past 10 days.
Mar 19, 2020 2:54 PM
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In response to virus, Bank of England cuts main rate to 0.1%
LONDON — The Bank of England slashed its main interest rate to 0.1%, the lowest level since its founding in 1694, and reactivated a bond-buying stimulus program to cushion against the economic shock of the coronavirus pandemic.
Mar 19, 2020 2:48 PM
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Some Canadian companies embarking on hiring sprees amid COVID-19 layoffs
TORONTO — While scores of Canadian employers have been laying off workers across the country amid an outbreak of novel coronavirus, Cherif Habib has been doing the exact opposite.
Mar 19, 2020 1:56 PM
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