Skip to content

National Business

Few approved oilsands projects stand to be built in near term: analysts

Few approved oilsands projects stand to be built in near term: analysts

CALGARY — There are dozens of approved oilsands projects that could be built in the wake of the shelving of the Frontier oilsands mine this week but analysts say they won't be built until more export pipeline capacity comes online.
Read more >
Geneva auto show, other big events cancelled amid virus fears

Geneva auto show, other big events cancelled amid virus fears

GENEVA — The Geneva auto show was cancelled after the Swiss government put an immediate ban Friday on all large events in order to halt the spread of the new coronavirus.
Read more >
Agency: 2nd US case of person who got virus from community

Agency: 2nd US case of person who got virus from community

SAN JOSÉ, Costa Rica — California health officials on Friday confirmed the second case of novel coronavirus in the United States believed to have been transmitted to a person who didn’t travel internationally or come in close contact with anyone who
Read more >
Outbreak starts to look more like worldwide economic crisis

Outbreak starts to look more like worldwide economic crisis

NEW YORK — The coronavirus outbreak began to look more like a worldwide economic crisis Friday as anxiety about the infection emptied shops and amusement parks, cancelled events, cut trade and travel and dragged already slumping financial markets eve
Read more >
Wall Street has worst week since 2008 as S&P 500 drops 11.5%

Wall Street has worst week since 2008 as S&P 500 drops 11.5%

Stocks sank around the globe again Friday as investors braced for more economic pain from the coronavirus outbreak, sending U.S. markets to their worst weekly finish since the 2008 financial crisis.
Read more >
Most actively traded companies on the TSX

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,263.05, down 454.39 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down 16 cents, or 14.3 per cent, to 96 cents on 38.
Read more >
SNC shares jump as company puts criminal case behind it, commits to new strategy

SNC shares jump as company puts criminal case behind it, commits to new strategy

MONTREAL — Despite a rout on North American stock markets Friday, SNC-Lavalin Group Inc. shares jumped 11 per cent or $3.08 to close at $31.20 on the Toronto Stock Exchange following the release of its quarterly financial results.
Read more >
TSX flirts with correction territory, posts worst week since 2008

TSX flirts with correction territory, posts worst week since 2008

TORONTO — Canada's largest stock index flirted with correction territory Friday after plunging for a sixth-straight day, capping off its worst week since the global financial crisis of 2008.
Read more >
Fed Chair Powell pledges to use tools to support economy

Fed Chair Powell pledges to use tools to support economy

WASHINGTON — Federal Reserve Chairman Jerome Powell sought to calm fears Friday over the viral outbreak by issuing a rare statement of reassurance that the Fed will “use our tools" to support the economy — a strong signal of a coming interest rate cu
Read more >
CRTC needs to take new approach on wireless price reductions, advocate says

CRTC needs to take new approach on wireless price reductions, advocate says

Canadians are frustrated by the high prices they pay for wireless internet and the problem will only get worse unless the industry's regulator makes a dramatic move to increase competition, a consumer advocacy group said Friday.
Read more >