National Business

TORONTO — Canada's main stock index partially rebounded from its worst one-day decline in more than 30 years on the promise of fiscal stimulus by the U.S. and other governments and a lift in oil prices.

CALGARY — Forecasts for a stand-pat year for drilling in 2020 in the Canadian oilpatch are up in the air following an oil price crash Monday linked to a dispute between Russia and Saudi Arabia over oil production cuts.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (14,958.09, up 443.85 points.) Baytex Energy Corp. (TSX:BTE). Energy. Up one cent, or 1.59 per cent, to 64 cents on 23 million shares.

WINNIPEG — The Manitoba government is easing its so-called payroll tax in order to be more competitive with Alberta, Saskatchewan and other provinces that don't have the levy.

MONTREAL — Air Canada is suspending flights to and from Italy, saying the decision was prompted by Italian regulations and "ongoing health and safety concerns" related to the outbreak of a novel coronavirus.

After a string of sexual crime allegations and legal troubles that have ensnared its founder, The Nygard Group of Companies is facing its latest challenge: a corporate restructuring.

TORONTO — Sara McIntyre started her side business by accident. The Toronto-based law clerk had been making soaps in her spare time as a hobby.

HALIFAX — Nova Scotia's lobster industry has taken a tentative step aimed at reopening its crucial export market in China.

BEIJING — Global stock markets rebounded Tuesday from record-setting declines after U.S. President Donald Trump said he would ask Congress for a tax cut and other measures to ease the pain of the spreading coronavirus outbreak.

FREDERICTON — The New Brunswick government tables its 2020-2021 provincial budget today, but the focus for most people will be more on the politics than the finances.