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National Business
Colliers says 21% of surveyed business tenants asking for rent relief
VANCOUVER — Real estate firm Colliers International says about one in five commercial tenants surveyed requested April rent relief as the COVID-19 shutdown hit business activity.
May 1, 2020 1:45 PM
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Agnico Eagle reports $21.6 million loss on pandemic related mine shutdowns
TORONTO — Shares in Agnico Eagle Mines Ltd. rose Friday after it released new production guidance and reported a first-quarter loss linked to temporary mine shutdowns to control spread of the COVID-19 pandemic.
May 1, 2020 11:39 AM
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Restaurant Brands International reports Q1 profit and sales down from year ago
TORONTO — The parent company of Tim Hortons saw daily sales fall by more than 40 per cent in the last two weeks of March as the COVID-19 crisis began to take hold in Canada, but has since regained some momentum as it shifted more restaurants to servi
May 1, 2020 11:00 AM
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Teck Resources exits energy industry group CAPP, citing cost-cutting
CALGARY — Teck Resources Ltd. is leaving the Canadian Association of Petroleum Producers, an industry organization whose members represent about 80 per cent of Canada's oil and gas production.
May 1, 2020 10:30 AM
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Atco reports lower Q1 profit, says COVID-19 may cause delays, labour shortages
CALGARY — Atco Ltd. says it had lower revenue and a reduced profit of $174 million profit in the first quarter, down from $226 million a year earlier.
May 1, 2020 10:12 AM
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Work safety strike, virus lockdown protest set for May Day
LOS ANGELES — Essential workers will strike nationwide on May Day to demand safer conditions during the coronavirus outbreak, while other groups plan rallies against tight stay-at-home orders they say are crippling the U.S. economy.
May 1, 2020 9:27 AM
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Cameco says uranium spot prices are up amid production disruptions
SASKATOON — Cameco Corp. says spot uranium prices are up amid the production disruptions caused by the COVID-19 pandemic.
May 1, 2020 7:47 AM
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WestJet to use federal wage subsidy program to avoid pilot layoffs
CALGARY — WestJet Airlines Ltd. says it will be able to save more than 1,000 pilot jobs by using the federal wage subsidy program.
Apr 30, 2020 9:51 PM
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Economic figures show grim toll in Europe and US from virus
NEW YORK — Bleak new figures Thursday underscored the worldwide economic pain inflicted by the coronavirus: The number of Americans filing for unemployment benefits has climbed past a staggering 30 million, while Europe’s economies have gone into an
Apr 30, 2020 8:27 PM
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Fairfax Financial loses nearly US$1.3B in Q1, less than it forecast two weeks ago
TORONTO — Fairfax Financial Holdings Ltd. says it lost nearly US$1.3 billion in the first quarter because of the COVID-19 pandemic, about US$100 million less than it forecast about two weeks ago. The Toronto-based holding company, which reports in U.
Apr 30, 2020 7:24 PM
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