Skip to content

National Business

Centerra Gold to suspend open pit mining at Oksut project in Turkey

Centerra Gold to suspend open pit mining at Oksut project in Turkey

TORONTO — Centerra Gold Inc. is suspending open pit mining at its Oksut project in Turkey in an effort to slow the spread of COVID-19. The suspension of work at the project starting March 31 is for an initial period of two weeks.
Nestle Canada giving temporary raises to factory and distribution centre workers

Nestle Canada giving temporary raises to factory and distribution centre workers

TORONTO — Nestle Canada is giving a temporary raise to its employees in its factories and distribution centres across the country as deals with the COVID-19 pandemic.
Stocks have first back-to-back gains since sell-off began

Stocks have first back-to-back gains since sell-off began

BEIJING — Asian stocks were mixed Thursday after Wall Street gained as U.S. lawmakers wrangled over a proposed $2 trillion virus aid package. Market benchmarks in Tokyo and Shanghai declined. Australia and Southeast Asian markets gained.
Ontario introduces $17B COVID-19 package; more than doubles deficit

Ontario introduces $17B COVID-19 package; more than doubles deficit

TORONTO — Ontario introduced a $17-billion package Wednesday to support the province through the COVID-19 outbreak, including an influx of cash for the health sector, direct payments to parents, and tax breaks for businesses.
Grocery deliveries delayed as demand surges amid COVID-19 pandemic

Grocery deliveries delayed as demand surges amid COVID-19 pandemic

Grocers and third-party services are seeing an influx in demand for delivery, resulting in longer-than-normal wait times as health and government authorities urge people to practice social distancing amid the COVID-19 outbreak.
Most actively traded companies on the TSX

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (13,139.28, up 568.15 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up six cents, or 13.64 per cent, to 50 cents on 28.
Toronto stock market posts first back-to-back rally since COVID-19 crisis

Toronto stock market posts first back-to-back rally since COVID-19 crisis

TORONTO — Canada's main stock index posted its first back-to-back rally since the COVID-19 crisis began to hit stocks last month as stimulus measures appear set to become a reality in Canada and the U.S.
Food companies temporarily boost employee pay during COVID-19 outbreak

Food companies temporarily boost employee pay during COVID-19 outbreak

Some of Canada's food processors joined other companies in increasing pay for hourly staff working hard to ensure the country's food supply remains strong during the COVID-19 pandemic.
Canadian Press NewsAlert: B.C. gives $500 rent rebates, freezes evictions

Canadian Press NewsAlert: B.C. gives $500 rent rebates, freezes evictions

VANCOUVER — The British Columbia government is suspending evictions and offering a $500 monthly rebate to help renters and landlords during the COVID-19 pandemic. Premier John Horgan says the government is also imposing a freeze on rent increases.
Highlights of Ontario's COVID-19 fiscal plan

Highlights of Ontario's COVID-19 fiscal plan

TORONTO — Ontario introduced a $17-billion package Wednesday to provide COVID-19 relief.