Business

Andre Mazerolle sits on a Harley-Davidson FLHXS -Street Glide Special motorcycle at Mackie Harley-Davidson in Oshawa on Friday January 15, 2021. Mazerolle was laid off from his marketing job during the pandemic and has since made a big switch to selling motorcycles for Mackie Harley-Davidson. (Photo by The Canadian Press)

Canadians launch new careers, return to school as COVID-19 rages on

TORONTO — When COVID-19 swept across Canada last year, Andre Mazerolle’s five-year…

Britain's Prime Minister Boris Johnson speaks during a coronavirus press conference at 10 Downing Street in London, Friday Jan. 22, 2021. Johnson announced that the new variant of COVID-19, which was first discovered in the south of England, may be linked with a possible increase in the mortality rate. (Leon Neal/Pool via AP)

Britain’s Boris Johnson presses Biden for new trade deal

WASHINGTON — British Prime Minister Boris Johnson made clear to President Joe…

A man wears a face mask as he walks by a storefront window advertising after Christmas sales on Boxing Day in Montreal, Saturday, Dec. 26, 2020. Statistics Canada says retail sales climbed 1.3 per cent to $55.2 billion in November, rising for the seventh straight month. THE CANADIAN PRESS/Graham Hughes

Retail sales rise 1.3 per cent to $55.2 billion in November as online shopping surges

Retail sales rise 1.3 per cent to $55.2 billion in November as online shopping surges

Joe Biden, then the U.S. vice-president, and Prime Minister Justin Trudeau take their seats at the start of the First Ministers and National Indigenous Leaders meeting in Ottawa, Friday, Dec. 9, 2016. THE CANADIAN PRESS/Adrian Wyld

Look past Keystone XL to areas of Canada-U. S. alignment, Trudeau suggests

Look past Keystone XL to areas of Canada-U. S. alignment, Trudeau suggests

Joe Biden, then the U.S. vice-president, and Prime Minister Justin Trudeau take their seats at the start of the First Ministers and National Indigenous Leaders meeting in Ottawa, Friday, Dec. 9, 2016. THE CANADIAN PRESS/Adrian Wyld
In this Dec. 18, 2020 photo, pipes to be used for the Keystone XL pipeline are stored in a field near Dorchester, Neb. The leader of a group promoting Indigenous participation in oil and gas development as a solution to poverty on reserves says the cancellation of the Keystone XL pipeline by President Joe Biden is a major setback. THE CANADIAN PRESS/AP-Chris Machian /Omaha World-Herald via AP

Indigenous business coalition leader says Keystone XL denial will hurt communities

Indigenous business coalition leader says Keystone XL denial will hurt communities

In this Dec. 18, 2020 photo, pipes to be used for the Keystone XL pipeline are stored in a field near Dorchester, Neb. The leader of a group promoting Indigenous participation in oil and gas development as a solution to poverty on reserves says the cancellation of the Keystone XL pipeline by President Joe Biden is a major setback. THE CANADIAN PRESS/AP-Chris Machian /Omaha World-Herald via AP
Financial numbers are seen on the digital ticker tape at the TMX Group in Toronto, Ont.'s financial district on Friday, May 9, 2014. THE CANADIAN PRESS/Darren Calabrese

S&P/TSX composite ends losing week down on faltering energy sector

S&P/TSX composite ends losing week down on faltering energy sector

Financial numbers are seen on the digital ticker tape at the TMX Group in Toronto, Ont.'s financial district on Friday, May 9, 2014. THE CANADIAN PRESS/Darren Calabrese
An incomplete secondary wall stands alongside the previous version near where the border separating Tijuana, Mexico, and San Diego meets the Pacific Ocean Tuesday, Jan. 19, 2021, in Tijuana, Mexico. In the days before Joe Biden became president, construction crews worked quickly to finish Donald Trump’s wall at an iconic cross-border park overlooking the Pacific Ocean that then-first lady Pat Nixon inaugurated in 1971 as symbol of international friendship. (AP Photo/Gregory Bull)

Biden halts border wall building after Trump’s final surge

Pause order leaves billions of dollars of work unfinished but still under contract

  • Jan 22, 2021
An incomplete secondary wall stands alongside the previous version near where the border separating Tijuana, Mexico, and San Diego meets the Pacific Ocean Tuesday, Jan. 19, 2021, in Tijuana, Mexico. In the days before Joe Biden became president, construction crews worked quickly to finish Donald Trump’s wall at an iconic cross-border park overlooking the Pacific Ocean that then-first lady Pat Nixon inaugurated in 1971 as symbol of international friendship. (AP Photo/Gregory Bull)
A man wears a face mask as he walks by a storefront window advertising after Christmas sales on Boxing Day in Montreal, Saturday, Dec. 26, 2020. Statistics Canada says retail sales climbed 1.3 per cent to $55.2 billion in November, rising for the seventh straight month. THE CANADIAN PRESS/Graham Hughes

Retail sales rise 1.3 per cent to $55.2 billion in November as online shopping surges

Retail sales climbed for seven straight months

A man wears a face mask as he walks by a storefront window advertising after Christmas sales on Boxing Day in Montreal, Saturday, Dec. 26, 2020. Statistics Canada says retail sales climbed 1.3 per cent to $55.2 billion in November, rising for the seventh straight month. THE CANADIAN PRESS/Graham Hughes
A man works in the broadcast centre at the TMX Group Ltd. in Toronto, on May 9, 2014. THE CANADIAN PRESS/Darren Calabrese

S&P/TSX composite down on broad-based decline led by energy; loonie rises again

S&P/TSX composite down on broad-based decline led by energy; loonie rises again

A man works in the broadcast centre at the TMX Group Ltd. in Toronto, on May 9, 2014. THE CANADIAN PRESS/Darren Calabrese
Grounded WestJet Boeing 737 Max aircraft are shown at the airline's facilities in Calgary, Alta., Tuesday, May 7, 2019. WestJet will operate the first commercial Boeing 737 Max flight in Canada today since the aircraft was grounded in 2019 following two deadly crashes. THE CANADIAN PRESS/Jeff McIntosh

Passengers unfazed as WestJet returns Boeing 737 Max to service

Passengers unfazed as WestJet returns Boeing 737 Max to service

Grounded WestJet Boeing 737 Max aircraft are shown at the airline's facilities in Calgary, Alta., Tuesday, May 7, 2019. WestJet will operate the first commercial Boeing 737 Max flight in Canada today since the aircraft was grounded in 2019 following two deadly crashes. THE CANADIAN PRESS/Jeff McIntosh
A conveyor belt transports coal at the Westmoreland Coal Co.'s Sheerness mine near Hanna, Alta., on Tuesday, Dec. 13, 2016. Coal mining impacts are already occurring in Alberta's Rocky Mountains even as debate intensifies over the industry's presence in one of the province's most beloved landscapes. THE CANADIAN PRESS/Jeff McIntosh

As Alberta debates coal mining, industry already affecting once-protected Rockies

As Alberta debates coal mining, industry already affecting once-protected Rockies

A conveyor belt transports coal at the Westmoreland Coal Co.'s Sheerness mine near Hanna, Alta., on Tuesday, Dec. 13, 2016. Coal mining impacts are already occurring in Alberta's Rocky Mountains even as debate intensifies over the industry's presence in one of the province's most beloved landscapes. THE CANADIAN PRESS/Jeff McIntosh

Loss of Keystone XL pipeline expected to hurt future oilpatch growth: experts

Loss of Keystone XL pipeline expected to hurt future oilpatch growth: experts

German Chancellor Angela Merkel talks to the media during a press conference on the current situation in Berlin, Germany, Thursday, Jan. 21, 2021. Topics include the decisions taken by the federal and state governments to combat the Corona pandemic, the Chancellor’s upcoming virtual consultations with the heads of state and government of the European Union (EU), and relations with the United States following the inauguration of the new president. (Michael Kappeler/Pool via AP)

Germany’s Merkel stands by Russia pipeline that US opposes

Washington says the project makes Europe more dependent on Russian gas and hurt European energy security

  • Jan 21, 2021
German Chancellor Angela Merkel talks to the media during a press conference on the current situation in Berlin, Germany, Thursday, Jan. 21, 2021. Topics include the decisions taken by the federal and state governments to combat the Corona pandemic, the Chancellor’s upcoming virtual consultations with the heads of state and government of the European Union (EU), and relations with the United States following the inauguration of the new president. (Michael Kappeler/Pool via AP)
Protesting farmers and their families gather around a bonfire to mark the harvest festival, which is called Lohri, on a blocked highway in protest against new farm laws on the outskirts of New Delhi, India, Wednesday, Jan. 13, 2021. Changes in India’s farm laws could potentially open up one of the world’s most populous markets and are being closely watched by Canada’s agricultural and economic sectors, say experts. THE CANADIAN PRESS/AP-Altaf Qadri

Changes in Indian farm laws could benefit Canada, experts say

Independent committee of experts to negotiate with opponents of legislation

Protesting farmers and their families gather around a bonfire to mark the harvest festival, which is called Lohri, on a blocked highway in protest against new farm laws on the outskirts of New Delhi, India, Wednesday, Jan. 13, 2021. Changes in India’s farm laws could potentially open up one of the world’s most populous markets and are being closely watched by Canada’s agricultural and economic sectors, say experts. THE CANADIAN PRESS/AP-Altaf Qadri
A sign on a shop window indicates the store is closed in Ottawa, Monday March 23, 2020. The Canadian Federation of Independent Business is raising its estimate for the number of businesses that are considering the possibility of closing permanently. THE CANADIAN PRESS/Adrian Wyld

CFIB raises estimate of small businesses at risk of closing permanently

One in six Canadian small business owners seriously contemplating shutting down

A sign on a shop window indicates the store is closed in Ottawa, Monday March 23, 2020. The Canadian Federation of Independent Business is raising its estimate for the number of businesses that are considering the possibility of closing permanently. THE CANADIAN PRESS/Adrian Wyld
CannTrust employees work with cannabis products at their packaging and extraction facility in Vaughan, Ont., on Wednesday, Dec. 19, 2018. CannTrust Holdings Inc. says it will create a $50-million trust to settle claims from class action lawsuits filed after the company was found growing cannabis in unlicensed rooms two years ago. THE CANADIAN PRESS/Nathan Denette

CannTrust to create $50M trust to settle lawsuits, signs restructuring agreement

CannTrust to create $50M trust to settle lawsuits, signs restructuring agreement

CannTrust employees work with cannabis products at their packaging and extraction facility in Vaughan, Ont., on Wednesday, Dec. 19, 2018. CannTrust Holdings Inc. says it will create a $50-million trust to settle claims from class action lawsuits filed after the company was found growing cannabis in unlicensed rooms two years ago. THE CANADIAN PRESS/Nathan Denette
Eldar Saetre CEO of Equinor speaks as he gives the company quarterly capital market update in London, Thursday, Feb. 6, 2020. THE CANADIAN PRESS/AP/Alastair Grant

Norwegian oil company Equinor completes oilsands exit by selling Athabasca Oil shares

Norwegian oil company Equinor completes oilsands exit by selling Athabasca Oil shares

Eldar Saetre CEO of Equinor speaks as he gives the company quarterly capital market update in London, Thursday, Feb. 6, 2020. THE CANADIAN PRESS/AP/Alastair Grant
Bank of Canada Governor Tiff Macklem takes part in a news conference at the Bank of Canada in Ottawa on December 15, 2020. Canada's central bank will update its economic forecast for the country that will offer a window when it expects a recovery from the COVID-19 pandemic to take hold. THE CANADIAN PRESS/Sean Kilpatrick

Vaccination efforts key to economic recovery, BoC says as it keeps rate on hold

Vaccination efforts key to economic recovery, BoC says as it keeps rate on hold

Bank of Canada Governor Tiff Macklem takes part in a news conference at the Bank of Canada in Ottawa on December 15, 2020. Canada's central bank will update its economic forecast for the country that will offer a window when it expects a recovery from the COVID-19 pandemic to take hold. THE CANADIAN PRESS/Sean Kilpatrick
In this Dec. 18, 2020 photo, pipes to be used for the Keystone XL pipeline are stored in a field near Dorchester, Neb.  THE CANADIAN PRESS/AP-Chris Machian /Omaha World-Herald via AP

Biden delivers on promise to cancel Keystone XL permit; TC Energy halts project

Biden delivers on promise to cancel Keystone XL permit; TC Energy halts project

In this Dec. 18, 2020 photo, pipes to be used for the Keystone XL pipeline are stored in a field near Dorchester, Neb.  THE CANADIAN PRESS/AP-Chris Machian /Omaha World-Herald via AP
The fading name on the building in Toronto that used to house the Toronto Stock Exchange is pictured on August 18, 2011. THE CANADIAN PRESS/Aaron Vincent Elkaim

North American stock markets increase while loonie hits nearly three-year high

North American stock markets increase while loonie hits nearly three-year high

The fading name on the building in Toronto that used to house the Toronto Stock Exchange is pictured on August 18, 2011. THE CANADIAN PRESS/Aaron Vincent Elkaim