Skip to content

National Business

Death toll surpasses 6 million for pandemic now in 3rd year

Death toll surpasses 6 million for pandemic now in 3rd year

BANGKOK (AP) — The official global death toll from COVID-19 eclipsed 6 million on Monday — underscoring that the pandemic, now entering its third year, is far from over.
GM and Posco to build plant in Quebec to produce battery material

GM and Posco to build plant in Quebec to produce battery material

TORONTO — General Motors Co. and South Korea's Posco Chemical announced a deal Monday to build a plant in Quebec to produce material for batteries to be used in electric vehicles (EV). The companies said the new facility in Becancour, Que.
Ottawa announces COVID-19 rules for return of cruise ships to Canadian ports

Ottawa announces COVID-19 rules for return of cruise ships to Canadian ports

HALIFAX — Strict COVID-19 measures will be enforced when cruise ships return to Canada's ports next month after a nearly two-year hiatus, federal Transport Minister Omar Alghabra announced on Monday.
Colliers, Norton Rose exit Russia as Couche-Tard suspends operations in the country

Colliers, Norton Rose exit Russia as Couche-Tard suspends operations in the country

Alimentation Couche-Tard Inc.
Canadians took out fewer new mortgages in Q4 while debt continued to increase

Canadians took out fewer new mortgages in Q4 while debt continued to increase

TORONTO — Canadians took out fewer new mortgages even before interest rates began to rise last week, but consumer debt continued to increase in the fourth quarter, Equifax said in a report. The company said Monday the number of new mortgages fell 8.
War silenced violin for refugee as 1.7M have fled Ukraine

War silenced violin for refugee as 1.7M have fled Ukraine

ZAHONY, Hungary (AP) — The violin was so beloved by Myroslava Sherbina it was the one item she took as she fled Ukraine, along with the clothes she wore. But the instrument has remained silent since the start of Russia's invasion of her country.
Cargojet beats expectations as it swings to $102M profit in Q4 on surge in revenues

Cargojet beats expectations as it swings to $102M profit in Q4 on surge in revenues

MISSISSAUGA, Ont. — Cargojet Inc. swung to a $102-million profit in the fourth quarter as revenue surged 26.1 per cent on increased demand for its domestic, charter and other aircraft services. The Mississauga, Ont.
Air Transat relaunching routes for summer as pandemic restrictions ease

Air Transat relaunching routes for summer as pandemic restrictions ease

MONTREAL — Air Transat says it is relaunching a significant number of its routes for the busy summer travel season including destinations in Europe and the United States.
Allied buys six urban buildings from Choice Properties for $794 million

Allied buys six urban buildings from Choice Properties for $794 million

TORONTO — Allied Properties Real Estate Investment Trust says it has purchased six buildings from Choice Properties Real Estate Investment Trust for $794 million.
Vermilion Energy reports $344.6M Q4 profit, announces quarterly dividend

Vermilion Energy reports $344.6M Q4 profit, announces quarterly dividend

CALGARY — Vermilion Energy Inc. reported a fourth-quarter profit of $344.6 million compared with a loss of $57.7 million a year earlier, helped by higher oil and natural gas prices.