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National Business
National Business
Federal government to enact single-game sports betting bill Aug. 27
The federal government says it will enact legislation that will legalize single-game sports betting in Canada on Aug. 27.
Aug 12, 2021 2:04 PM
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Ottawa investing $1.44B in Telesat to help improve rural and remote internet access
OTTAWA — The federal government has signed a deal to invest $1.44 billion in Telesat's advanced low Earth orbit satellite constellation, Telesat Lightspeed.
Aug 12, 2021 1:32 PM
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AEG Presents to require COVID-19 vaccines for concertgoers
LOS ANGELES (AP) — AEG Presents, a major tour and festival promoter, announced that COVID-19 vaccines would be required for concertgoers at its clubs, theaters and festivals. The vaccine requirement is set to go into full effect no later than Oct.
Aug 12, 2021 1:24 PM
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OxyContin-maker Purdue goes to judge to confirm settlement
NEW YORK (AP) — Purdue Pharma's quest to settle thousands of lawsuits over the toll of OxyContin and its other prescription opioid painkillers entered its final phase Thursday with the grudging support of many of those who have claims against the com
Aug 12, 2021 1:18 PM
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Canadian Tire beefs up supply chain 'monster machine' to secure inventory, customers
In a pandemic world where inventory is king, Canadian Tire Corp. hopes to secure its spot as one of Canada's reigning retailers by strengthening its supply chain.
Aug 12, 2021 1:14 PM
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Manulife subsidiary buys timberlands in Maine for carbon sequestration
TORONTO — A U.S. subsidiary of Manulife Financial Corp. has bought 36,000 hectares of timberlands in Maine that will be used for carbon sequestration. Financial terms of the deal by Hancock Natural Resource Group were not immediately available.
Aug 12, 2021 10:05 AM
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Canadians don't want to spend on suits, dress attire at work
Before the pandemic, Rachelle Waterman used to head to the shopping mall before every big work event or weekend outing.
Aug 12, 2021 10:00 AM
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Back-to-back 1% price hike; wholesale prices rise in July
WASHINGTON (AP) — Inflation at the wholesale level jumped a higher-than-expected 1% in July, matching the rise from the previous month, and dimming hopes that the upward trajectory of prices would begin to slow.
Aug 12, 2021 9:38 AM
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US jobless claims near pandemic low as economy strengthens
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell for a third straight time last week, the latest sign that employers are laying off fewer people as they struggle to fill a record number of open jobs and meet a surge in con
Aug 12, 2021 9:19 AM
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Brookfield Asset Management reports Q2 profit, distributable earnings up
TORONTO — Brookfield Asset Management Inc. reported a profit in its latest quarter compared with a loss a year ago. The asset manager, which keeps its books in U.S.
Aug 12, 2021 8:22 AM
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