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Air Canada loses $1.75 billion in second quarter as revenues plunge 89 per cent

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U.S. adds 1.8 million jobs in July, showing 2020-08-07 08:50:02With confirmed viral cases still elevated in much of the nation and businesses under continued pressure, many employers appear reluctant or unable to

Trudeau government should rethink EI as CERB winds 2020-08-06 12:32:07The federal government estimates four million people will be moved onto employment insurance when the Canada Emergency Response Benefit starts winding

Tim Horton’s owner RBI sees 37% profit decline 2020-08-06 12:31:55Tim Hortons has been hit especially hard due to Canada's more gradual reopening, said RBI Chief Executive Officer Jose Cil.

Where to buy kids’ masks in Canada and 2020-08-06 06:00:37Face masks will be on the back-to-school shopping list for many parents this year.

8 million Canadians rethinking retirement because of COVID-19: 2020-08-04 17:05:26Most believe they will have to retire later due to the financial impact of the health emergency.

COVID-19 putting pressure on small-town rents: ‘I can’t 2020-08-01 06:00:06The pandemic is putting downward pressure on rents in Toronto and Vancouver. In some smaller cities, though, it's the opposite.

Coronavirus: Trudeau announces plans for end of CERB, 2020-07-31 12:00:18Ottawa will also create a 'transitional, parallel benefit' for people who don't qualify for Employment Insurance, like contract and gig workers, th

Coronavirus: Ontario restaurants, bars now required to keep 2020-07-31 10:53:33The province announced new measures for restaurants and bars across Ontario it says will help limit the spread of COVID-19.

TC Energy says new U.S. permit to boost 2020-07-30 17:32:17The CEO of TC Energy Corp. says the company will begin moving more oil from Western Canada into the United States by next year under a new U.S. presid

WE Charity paid U.S. consultants who provide ‘combative 2020-07-29 23:25:16One of the firms paid by WE has links to top Republican Party figures, including Marco Rubio, and specializes in 'combative media training.'

Waterloo company donates 750,000 face shields to teachers 2020-07-29 13:00:58The company, The Canadian Shield, pegs the value of the donation at $7.5 million.

As COVID-19 hit, many Canadians got pay cuts 2020-07-29 12:56:05Pay transparency may also be taking a hit because of the pandemic.

Canada Business - The

TikTok Feud Is Pulling Canada Between The U.S. 2020-08-05 22:30:33OTTAWA — The potential sale of social-media platform TikTok to Microsoft is leaving Canada with a sense of deja vu.Experts say the country is on

Ottawa Agrees To Slash Environmental Oversight In Alberta’s 2020-08-04 10:23:39EDMONTON — Alberta has come to an agreement with the federal government that makes major cuts to environmental monitoring of the oilsands.The de

Here’s How Bad Credit Can Affect Your Mortgage 2020-08-04 09:10:47You probably already know that your credit score is an important part of your financial health. But did you know that it’s one of the most impor

Air Canada CEO Demands Feds Loosen Travel Restrictions 2020-07-31 20:02:25MONTREAL — The head of Air Canada on Friday accused the federal government of imposing “one of the most severe aviation lockdown regimes i

If You Got CERB, Here's What You Need 2020-07-30 21:00:37Many Canadians are just trying to get through the week, never mind the year, when it comes to their finances.But accountants say it’s already ti

French Oil Company Writes Off $9.3 Billion In 2020-07-30 10:20:28CALGARY — French energy giant Total says it is writing off $9.3-billion (US$7 billion) worth of oilsands assets in Alberta and cancelling its me

Supporting Marginalized Groups Is Key To Canada's Economic 2020-07-29 21:32:34TORONTO — Canadians cannot expect the economy to fully recover from COVID-19 without helping those most affected by the downturn — includi

Wireless Plans Got Cheaper This Year, But Only 2020-07-29 09:12:35OTTAWA — A new government report shows Canada’s three biggest wireless carriers have lowered prices for a number of plans in Quebec since

Canadians Now Have Until The End Of September 2020-07-28 11:02:04OTTAWA — Anyone who owes the federal government taxes will now have until the end of September to pay.The Canada Revenue Agency (CRA) says the p

‘Work Culture’ Is Code For White And Western. 2020-07-28 09:56:11I remember sitting on the couch at night, scrolling through job postings and LinkedIn profiles. I felt overwhelmed and disillusioned at the thought of

Is CERB Killing The Recovery? The Arguments For 2020-07-26 11:09:05Over the past few months, a growing chorus of business owners and economists has been raising an alarm over the Canada Emergency Response Benefit (CER

Online Shopping Sales In Canada Surged 99% During 2020-07-25 17:29:29Canadian consumers flocked to online shopping as the measures to combat the COVID-19 pandemic were enacted, according to a Statistics Canada report.A

CBC | Business News

Enerplus restarting North Dakota production despite threat to 2020-08-07 15:01:34Enerplus Corp. says it has restored North Dakota crude oil production halted during the pandemic-linked oil price crash in May despite a court ruling

Shoppers will be reluctant to browse until there's 2020-08-07 14:52:45Canadian customers likely won't start frequenting stores for items not on their shopping list until there's a vaccine for COVID-19, Indigo Books &am

Walmart will require masks in all its Canadian 2020-08-07 12:36:53Walmart Canada will require all customers and staff to wear a mask or other type of face covering in its stores nationwide, starting Aug. 12.

U.S. added 1.8M jobs in July as recovery 2020-08-07 09:08:45U.S. employment growth slowed considerably in July amid a resurgence in new COVID-19 infections, offering the clearest evidence yet that the economy'

Canada added 419,000 jobs in July, but is 2020-08-07 08:48:08Canada's economy added 419,000 jobs in July and the jobless rate dropped to 10.9 per cent.

Fraudsters create fake Canadian company, steal foreign website 2020-08-07 04:00:00A Toronto woman thought she had taken all the right steps to avoid a job scam. She didn't know that the company that hired her, which she thought was

Canada to retaliate 'dollar for dollar' after U.S. 2020-08-06 16:22:29Ottawa will impose retaliatory tariffs on U.S. goods in response to President Donald Trump's decision to restore a 10 per cent tariff on Ca

BCE profit falls 70% as COVID-19 took a 2020-08-06 16:09:47The parent of Bell Canada saw its net profit fall nearly 70 per cent from the same period last year due to the pandemic's impact on economic activity

Black and racialized Canadians underrepresented on corporate boards, 2020-08-06 14:18:47Black and racialized people are under-represented and sometimes non-existent on boards in eight major cities across Canada.

Sales at Tim Hortons owner fell 31% during 2020-08-06 11:08:10Restaurant Brands International Inc., the company that owns Tim Hortons, saw the pandemic take a big bite out of earnings last quarter, with sales dow

Another 1.2 million Americans filed for state jobless 2020-08-06 09:55:00Nearly 1.2 million laid-off Americans applied for state unemployment benefits last week, evidence that the coronavirus keeps forcing companies to slas

CNRL beats expectations despite loss and halving of 2020-08-06 09:54:25Canadian Natural Resources Ltd. beat analyst expectations despite swinging to a loss in its latest quarter on a halving of revenues.

Christian Science Monitor |

Aid for US economy is expiring – at 2020-07-16 15:40:17With a rise in coronavirus cases hindering efforts at reopening the economy, pressure is rising on Congress for a new round of aid.

Waiter by day, actor by night: In NYC, 2020-07-16 12:48:52As New York City attempts to reopen, some fear that jobs for the city's creative class are no longer available. “Suddenly I don’t have yo

First to close, first to grow: Chinese economy 2020-07-16 12:44:29The Chinese economy was the first to shut down at the start of the coronavirus pandemic – and it's now the first major economy to show growth.

Apple wins court battle over $15B, limiting EU's 2020-07-15 12:24:26Apple just won a long court battle over $15 billion in back taxes. Like several U.S. tech companies, they’ve managed to pay low tax rates on a b

Hunger jumps, travel plummets: Tracing pandemic’s ripples in 2020-07-14 13:14:00The coronavirus and efforts to contain it have reshaped the U.S. economy and the lives of those who depend on it. Just how long will that last?

Vacation redefined: Head to Cape Cod, act like 2020-07-10 13:28:54Vacation traditions are being tested as people pine for beaches amid a pandemic. One result is the rise of the away-from-home staycation.

In economic slump, town takes new tack: Printing 2020-07-09 12:26:16Tenino, Washington has revived a Great Depression-era strategy to help shore up the local economy during the pandemic – printing its own currenc

Workers plan 'Strike for Black Lives.' Here are 2020-07-09 12:10:00A U.S. coalition of labor unions and racial justice organizers plan a mass walk-out on July 20, calling on corporations and government leaders to addr


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