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National Business
National Business
Toronto market rebounds slightly as crude oil prices hit 11-month high
TORONTO — Canada's main stock index climbed slightly higher, helped by gains in the energy sector as the price of oil hit its highest level in 11 months. West Texas Intermediate climbed above US$53 a barrel. "It's really a remarkable move.
Jan 12, 2021 5:10 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (17,985.80, up 51.35 points.) Toronto-Dominion Bank. (TSX:TD). Financials. Up 60 cents, or 0.81 per cent, to $74.80 on 14.
Jan 12, 2021 5:08 PM
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Starbucks says closure of up to 300 stores in Canada to be completed by end of March
TORONTO — Starbucks says its plan to close up to 300 coffee shops across Canada will be complete by the end of March.
Jan 12, 2021 3:41 PM
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N.L.'s growing demographic troubles lie behind cancelled seniors' tax discount
APPLETON, N.L. — Newfoundland and Labrador's aging population has turned a seniors' discount on property taxes into a financial burden for the tiny town of Appleton.
Jan 12, 2021 3:36 PM
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Post-secondary students consider skipping fall semester amid pandemic
Josephine DiMaurizio’s third year of geology studies at Queen's University in Kingston, Ont., was meant to be full of hands-on course work, with multiple large field trips and days in the lab.
Jan 12, 2021 3:35 PM
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With Sheldon Adelson's death, Netanyahu loses key supporter
TEL AVIV, Israel — Israeli Prime Minister Benjamin Netanyahu on Tuesday mourned the passing of U.S. casino magnate Sheldon Adelson, one of Netanyahu’s staunchest American supporters, lauding his efforts to bolster ties between the U.S.
Jan 12, 2021 1:47 PM
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Canada's major airlines welcome new transport minister amid industry headwinds
MONTREAL — Canada's airlines welcomed the appointment of Omar Alghabra as the new federal minister of transport in a statement that emphasized the industry's continued challenges.
Jan 12, 2021 1:34 PM
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Corus Entertainment forecasts recovery despite weaker results in first quarter
TORONTO — Corus Entertainment Inc. expects to post a recovery later in 2021 after beating analyst expectations in the first quarter despite lower profits and revenues.
Jan 12, 2021 1:09 PM
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GM charges up new unit to sell electric delivery vans, gear
DETROIT — The market for battery-powered delivery vehicles and equipment has so much potential that General Motors is forming a new business unit to serve it, a move that lifted the automaker’s stock to a multiyear high.
Jan 12, 2021 12:16 PM
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Detour Gold purchase helps drive Kirkland Lake to higher gold production in 2020
CALGARY — Kirkland Lake Gold Ltd. is reporting full-year 2020 gold output of 1.37 million ounces, a 41 per cent increase from 2019 and in line with guidance. The increase in production was driven largely by the all-stock $4.
Jan 12, 2021 11:25 AM
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