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Inflatable pools lead wave of toy sales as parents, kids reclaim slice of summer
Inflatable pools are driving a deluge of toy sales during the COVID-19 pandemic as consumers try to enhance at-home leisure for their children, their pets and their feet.
Jul 22, 2020 6:52 PM
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Kelt to sell B.C. Montney assets to ConocoPhillips for $510 million
CALGARY — Kelt Exploration Ltd. says it is selling assets in B.C. that account for almost half of its oil and gas production for $510 million in cash to Houston-based ConocoPhillips.
Jul 22, 2020 6:39 PM
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Tesla picks Texas site for second US vehicle assembly plant
Electric car maker Tesla Inc. has picked the Austin, Texas, area as the site for its largest auto assembly plant employing at least 5,000 workers. The new factory will build Tesla’s upcoming Cybertruck pickup and will be a second U.S.
Jul 22, 2020 6:37 PM
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Saskatchewan announces 60 new COVID-19 cases, mostly on Hutterites colonies
REGINA — Saskatchewan has posted its largest single-day jump in COVID-19 cases with 60 coming largely from Hutterite communities.
Jul 22, 2020 6:03 PM
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B.C. will match $1 billion from Ottawa to help jump start the pandemic economy
VICTORIA — The British Columbia government says it is matching $1 billion in federal government money to address the impacts of COVID-19 and help restart the economy. Premier John Horgan says in a news release the funding will secure some of B.C.
Jul 22, 2020 5:58 PM
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Tesla makes $104M profit in 2Q despite factory shutdown
DETROIT — Tesla overcame a seven-week pandemic-related shutdown at its U.S. assembly plant to post a surprising $104 million net profit for the second quarter.
Jul 22, 2020 5:57 PM
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Ottawa reports $29M profit at Trans Mountain but critic says accounting flawed
CALGARY — A report that says the Trans Mountain pipeline system has earned net income of $29 million in the 19 months since it was purchased by Ottawa relies on faulty accounting, according to a vocal critic of the project.
Jul 22, 2020 5:56 PM
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Rogers expects Q3 will show signs of recovery but pandemic's impact will remain
TORONTO — The usually busy back-to-school shopping season will likely look different for Rogers Communications Inc. this year, an uncertain outlook that comes as the COVID-19-related economic downturn took a toll during its most recent quarter.
Jul 22, 2020 5:55 PM
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Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,171.06, up 8.10 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up three cents, or 6.59 per cent, to 48.5 cents on 17.
Jul 22, 2020 5:50 PM
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United sees revenue stalling at 50% without a virus vaccine
United Airlines executives said Wednesday that travel will rise when the number of new coronavirus cases drops but the airline's revenue will stall around 50% of pre-pandemic levels until there is a vaccine.
Jul 22, 2020 5:44 PM
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