National Business

HALIFAX — Air Canada's service cuts in Nova Scotia and in New Brunswick risk slowing the entire region's economic recovery, the CEO of a regional airport authority said Monday. The airline's decision to cut service to Saint John, N.B.

TORONTO — The head of Canada’s federal banking regulator won’t consider lifting restrictions that have kept banks and insurers from hiking dividends, offering share buybacks or increasing executive compensation until COVID-19 lockdowns have subsided.

TORONTO — Long, white peaked structures have cropped up around Ontario hospitals — and while they use the same blueprint as military barracks and greenhouses, construction workers are working to transform them into state-of-the art hospital wings.

OTTAWA — Consumers' concerns about finding work during the pandemic could signal longer-term problems for the country's labour market, the Bank of Canada says.

TORONTO — The leaders of Canada’s top banks believe an economic rebound is on the horizon, but say the short-term looks difficult and spending won’t truly pick up until the back half of 2021 or even 2022.

NEW YORK — The boarded up windows and For Rent signs are all over the place in Manhattan's Hell's Kitchen neighbourhood , where restaurants are closed and businesses shuttered. Nearby, the Broadway theatres are all dark.

MOSCOW — Russian President Vladimir Putin on Monday hosted his counterparts from Armenia and Azerbaijan to discuss reopening transport routes in the region that have been paralyzed for nearly three decades amid a conflict over Nagorno-Karabakh.

LONDON — The maker of Dr.

TORONTO — Porter Airlines has once more delayed its plans to restart flights, setting March 29 as a new tentative date, just over a year since it first suspended operations.

MISSISSAUGA, Ont. — Maple Leaf Foods Inc. says it plans to spend US$100 million to increase tempeh production capacity with the acquisition of a food processing plant in Indianapolis.