New York City’s death toll from the coronavirus rose past 4,000 on Tuesday, eclipsing the number killed at the World Trade Center on 9-11. In Britain, Prime Minister Boris Johnson lay in intensive care, believed to be the first major world leader hospitalized with the virus.
TORONTO - Ontario will allow cannabis delivery and curbside pick up from authorized retail stores during the COVID-19 pandemic after they were taken off the essential businesses list.
MONTREAL - Former SNC-Lavalin Group Inc. CEO Neil Bruce earned a full $7 million in 2019, though his tenure came to an end less than halfway through the year.
TORONTO - BlackBerry Ltd. says its researchers have uncovered how China-backed hackers have been able to extract data from many of the world's servers for a decade — largely without being noticed by cyber security.
TORONTO - Canada's main stock index inched higher on Tuesday while U.S. markets dipped after strong rallies since last month's lows.
HALIFAX - Nova Scotia-based undergarment manufacturer Stanfield's Ltd., has secured two contracts worth over $28 million to supply the federal and Nova Scotia governments with hundreds of thousands of protective gowns for front-line health-care workers in the fight against COVID-19.
Patience in Alberta is wearing thin for a promised aid package from the federal government for the oil and gas sector, Alberta Energy Minister Sonya Savage said Tuesday.
Uncertainty is everywhere in the financial world these days as the COVID-19 pandemic spreads, and that's translating into big swings in mortgage rates and challenges in how to navigate borrowing for a home.
TORONTO - When the impact of COVID-19 led Hongwei Liu to temporarily lay off some employees and slash company forecasts, the founder of Waterloo, Ont.-based technology startup MappedIn hoped he might qualify for a helping hand under the federal government's emergency wage subsidy.
FRANKFURT - The European Central Bank took more emergency action Tuesday to keep credit flowing to companies in the 19 countries that use the euro by easing its rules for lending to banks that serve those businesses.
TORONTO - The federal government needs to move quickly to support the Canadian news industry amid the economic downturn brought about by the response to the COVID-19 pandemic, an industry spokesman said Monday.
TORONTO - Major commercial landlords in Canada are offering rent deferrals to tenants as the COVID-19 pandemic has forced many businesses to close their stores.
TORONTO - North American stock markets surged to start the trading week on hopes of slowing growth of COVID-19 in parts of Europe and New York.
Natalie Rahey and Blair Skrupski were supposed to be standing under a wedding canopy in three weeks, hand in hand on a Caribbean beach surrounded by friends and family.
TORONTO - Postmedia Network Canada Corp. will delay the release of its next quarterly report by as much as six weeks as a result of relaxed filing rules that have been put in place by securities regulators because of the COVID-19 pandemic.
CALGARY - Trican Well Service Ltd. says it has cut its employee costs by half through salary reductions, layoffs and job sharing in reaction to a severe slowdown in drilling activity due to low oil prices.
WINNIPEG - Unionized workers of the Winnipeg Free Press have accepted a temporary' wage cut requested by the newspaper's publisher, who said last week the newspaper needs flexibility to survive a collapse in advertising revenue since the COVID-19 crisis took hold.
MONTREAL - CAE Inc. is temporarily laying off about a quarter of its staff, cutting salaries and suspending its dividend and share repurchase plan in response to the COVID-19 pandemic.
HALIFAX - Chorus Aviation Inc. is suspending its dividend, temporarily laying off staff and cutting executive salaries as it deals with the fallout from COVID-19.
MONTREAL - MTY Food Group Inc. has suspended its quarterly dividend, temporarily laid off over half of its workforce and reduced the base salaries of its leadership team.
CALGARY - A Calgary company says it has received more than 100 requests over the past two weeks to set up field hospitals, quarantine accommodations, testing centres and other temporary structures needed for the COVID-19 pandemic.
TORONTO - Several of Canada's largest banks are offering reduced interest rates on personal credit cards for Canadians in financial hardship due to the COVID-19 pandemic.
TORONTO - Prime Minister Justin Trudeau is facing criticism after he announced Friday that the country is teaming up with U.S. tech giant Amazon.com Inc. to distribute personal protective equipment like masks and gloves across the country.
MONTREAL - When he officially succeeds Alain Bellemare as CEO of Bombardier Inc. on Monday, Eric Martel will confront sobering questions about the future of a Quebec institution grappling with share-price lows, credit downgrades and a financial position some deem "unsustainable."
TORONTO - Amid the workplace disruptions, household distractions and widespread unemployment brought by the COVID-19 crisis, it couldn't be a worse time for consumers to face an internet price increase.
TORONTO - Canada's main stock index gained for a second straight week despite closing lower on Friday even as crude oil prices continued to surge.
WINNIPEG - Unionized workers of the Winnipeg Free Press and associated businesses will vote Sunday on a "emergency, temporary" wage cut requested by the newspaper's publisher, who says the publication needs the financial flexibility to survive a collapse in advertising revenue since the COVI…
OTTAWA - Transport Minister Marc Garneau is entrenching lower speed limits for trains hauling large amounts of crude oil or liquefied gas through urban areas, but relaxing the definition of "higher risk" trains that are subject to the stricter rules.
ORLANDO, Fla. - Saying they don't know when they'll be able to re-open many of their businesses with the coronavirus spreading, Walt Disney Co. officials announced they will start furloughing some workers in two weeks at its theme parks resorts in Florida and California.
CALGARY - Athabasca Oil Corp. is suspending operations at its Hangingstone SAGD oilsands operation due to the drop in oil prices and the COVID-19 pandemic.
TORONTO - The number of shares traded on Canada's main stock exchange in March more than doubled compared with a year ago as the stock market plunged due to the COVID-19 pandemic.
TORONTO - Google is preparing to dig into its trove of data to help Canada’s politicians and public health officials judge the success of measures aimed at ending the spread of COVID-19.
TORONTO - The Canadian Bankers Association says the country's six largest banks have allowed customers to defer payments on more than 10 per cent of the mortgages in their portfolios as borrowers affected by COVID-19 seek financial help.
Toronto Regional Real Estate Board says home sales were strong in the first half of March but then started to slow down because of the COVID-19 pandemic.
BERKELEY, Calif. - Tesla's sales of its increasingly popular electric cars got off to fast start this year, even though the company had to slam the brakes along with other major automakers last month because of worldwide efforts to contain the worst pandemic in a century.
DOVER, Del. - A Delaware judge has dismissed a shareholder lawsuit against sports apparel maker Lululemon Athletica over its decision to give a $5 million severance package to its former CEO rather than fire him for misconduct.
TORONTO - Canada's main stock index moved higher Thursday as energy stocks surged on a record 25 per cent rise in crude oil prices.
CALGARY - Budget cuts in the western Canadian oil and gas sector are hitting home for front-line workers who are facing smaller paycheques as well as an ever-increasing risk of being laid off.
TORONTO - Creators of the freshly minted subscription streaming platform Quibi had a tough sell on their hands even before the COVID-19 pandemic spiralled us into uncertain financial times.
Home sales in the Vancouver region were strong for the first half of March, but started to taper as the COVID-19 outbreak intensified, the Real Estate Board of Greater Vancouver said Thursday.
Andy Hunter, founder of a new online sales outlet for independent booksellers, had seen a crisis building well before the coronavirus pandemic shut down many of the country's stores.
NEW YORK - The popcorn will be bring your own and the barbecue won't be as good, but the Austin, Texas, SXSW Film Festival is moving online after having its 27th edition cancelled by the coronavirus pandemic.