Skip to content

National Business

TSX and most U.S. stock markets fall ahead of start to earnings season

TSX and most U.S. stock markets fall ahead of start to earnings season

TORONTO — Canada's main stock index failed to keep up with last week's stellar performance, moving lower ahead of what is expected to be a grim corporate earnings season. Some large U.S. banks kick off the first-quarter results on Tuesday.
Air Canada and others suspend flights until June as sector slammed by COVID-19

Air Canada and others suspend flights until June as sector slammed by COVID-19

Air Canada is suspending most international flights until June, while Air Transat and Sunwing Airlines Ltd. are cancelling all trips until May 31 due to the COVID-19 pandemic.
Print flyers face uncertain future as COVID-19 escalates changes in how we shop

Print flyers face uncertain future as COVID-19 escalates changes in how we shop

TORONTO — Brent Barr has a wistful affection for the weekend tradition of flyer browsing.
Indigo rehires 545 workers following layoffs of 5,200 staff amid COVID-19

Indigo rehires 545 workers following layoffs of 5,200 staff amid COVID-19

TORONTO — Indigo Books and Music Inc. says it is rehiring 545 of its workers after tapping into the federal government's emergency wage subsidy.
Ontario accountants offer free tax prep for healthcare workers fighting COVID-19

Ontario accountants offer free tax prep for healthcare workers fighting COVID-19

TORONTO — Accountants in Ontario are hoping to make life a little simpler for frontline healthcare workers fighting the COVID-19 pandemic by offering to prepare their taxes for free.

News that deal to cut global oil production has been finalized is welcomed in Canada

News that a deal was finalized by OPEC and other oil producing nations to cut production by nearly 10 million barrels per day is being welcomed in Canada, where provinces have suffered drastic revenue losses due to rock-bottom crude prices.
City Lights Bookstore launches successful GoFundMe campaign

City Lights Bookstore launches successful GoFundMe campaign

NEW YORK — One of the world's most famous independent booksellers, City Lights Bookstore in San Francisco, was in dire financial shape because of the coronavirus outbreak and asked for help. Help quickly arrived.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Federal relief measures kick in Monday marks the beginning of the first full week that the Canada Emergency Business Account will be available to small businesses a
Global pact to contain oil price crash takes shape

Global pact to contain oil price crash takes shape

DUBAI, United Arab Emirates — The OPEC oil cartel and nations including Russia have agreed to boost oil prices by cutting as much as 10 million barrels a day in production, or a tenth of global supply.

Shaw suspends share buybacks amid economic uncertainty caused by COVID-19 impact

CALGARY — Shaw Communications executives said Thursday that the Freedom Mobile service won't meet its 2020 target for growing its subscriber base, because the COVID-19 crisis has kept stores closed and customers distracted, but they said the lost rev