National Business

OTTAWA — A survey by Statistics Canada suggests that almost one in five businesses will look to further staffing cuts, bankruptcy or closing their doors if present COVID-19 conditions last for six months or more.

Burger King is staging an intervention with its cows. The chain has rebalanced the diet of some of the cows by adding lemon grass in a bid to limit bovine contributions to climate change.

HALIFAX — Nova Scotia's auditor general says the COVID-19 pandemic has the potential to raise costs for a health care expansion project that represents the largest capital output in the province's history.

TORONTO — Prince Edward Island is Canada's smallest province but has the country's highest number of job postings per capita, according to an analysis from Top Data. The analytics firm says data collected from job website Indeed.com found that P.E.I.

TORONTO — The operator of Canada's largest airport is cutting the size of its workforce by 27 per cent, including some of its management, due to a reduction of air traffic due to the COVID-19 pandemic.

WASHINGTON — U.S. consumer prices increased 0.6% in June, after three months of declines, with a big jump in gasoline prices accounting for over half of the gain.

CALGARY — A rebound in oil prices as consumer demand for gasoline rises will buoy energy companies as they give quarterly results starting next week, but analysts say there are still too many uncertainties to expect any new spending in the sector.

CALGARY — Calfrac Well Services Ltd. is seeking to restructure in a plan that will see its debtholders swap unsecured notes for shares in the company.

CALGARY — WestJet plans to restart non-stop flights from Calgary to London and Paris next month as it slowly increases the number of flights it offers this summer. The airline says it will resume the flights to London and Paris starting Aug. 20.

WASHINGTON — The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.