Business

Austin officials cancel South by Southwest festival

AUSTIN, Texas — Austin city officials have cancelled the South by Southwest…

Canada added 30,300 jobs in February, unemployment rate 5.6 per cent

OTTAWA — The unemployment rate in Canada nudged up a tenth of…

Vermilion shares fall after it cuts dividend due to virus hit on oil prices

CALGARY — Shares in Vermilion Energy Inc. fell by as much as…

COVID-19 threatens Canadian aerospace companies as global air travel plummets

MONTREAL — The novel coronavirus is wreaking havoc on the global airline…

Tim Hortons, McDonald’s Canada stop accepting reusable cups amid coronavirus

TORONTO — Tim Hortons and McDonald’s Canada are the latest coffee purveyors…

Federal government gives Big 3 telcos two years to bring down wireless prices

TORONTO — The federal government is giving Canada’s three largest wireless carriers…

Here’s a quick glance at unemployment rates for February, by province

OTTAWA — Canada’s national unemployment rate was 5.6 per cent in February.…

Canadian start-ups, following U.S. lead, look to modernize auto, mortgage sales

TORONTO — A pair of Canadian startups are looking to help make…

Federal government gives Big 3 telcos two years to bring down wireless prices

TORONTO — The federal government is giving Canada’s three largest wireless carriers…

Cosmetics company Lush calls for end of Safe Third Country deal with U.S.

OTTAWA — Cosmetics company Lush has launched a campaign calling on Canadians…

Canada’s largest airlines waiving fees to change flights because of coronavirus

TORONTO — Canada’s largest airlines are waiving change fees in light of…

Starbucks, Second Cup halt use of reusable cups amid novel coronavirus outbreak

Two major coffee chains have stopped serving coffee in reusable cups brought…

Maple syrup claim creates sticky dispute between New Brunswick, Ontario

FREDERICTON — When it comes to maple syrup production in Canada, Quebec…

Average Canadian debt rose 2.7 per cent to $72,950, says Equifax Canada

TORONTO — Credit rating agency Equifax Canada says average consumer debt increased…

Oilsands mine production bump prompts Shell upgrader expansion: Canadian Natural

CALGARY — A boost in output from oilsands mines formerly operated by…

Nova Scotia-based seafood giant Clearwater Seafoods explores possible sale

HALIFAX — After receiving “several expressions of interest,” Nova Scotia-based seafood giant…

Immediate worry of COVID-19 spurred Bank of Canada rate cut, Poloz says

Canada’s central bank was leaning towards cutting its trend-setting interest rate this…

Starbucks halts use of reusable cups to prevent spread of novel coronavirus

SEATTLE — Starbucks is stopping the use of reuseable cups and is…

  • Mar 5, 2020

OPEC calls for big production cut, but will Russia agree?

VIENNA — The oil-producing countries of the OPEC cartel are calling for…

  • Mar 5, 2020

Royal Bank matches Bank of Canada with 50 basis point cut to prime interest rate

TORONTO — Royal Bank says it has dropped its prime lending rate…