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National Business
National Business
Aimia reports $10.8M Q3 loss compared with $16.9M profit a year ago
TORONTO — Aimia Inc. reported a loss in its latest quarter compared with a profit a year ago. The company says it lost $10.8 million or 15 cents per share for its third quarter which ended Sept. 30. That's compared with a profit of $16.
Nov 11, 2020 7:59 AM
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California voters reject revamp to property tax system
SAN DIEGO — California voters rejected a proposal to partially dismantle the state’s 42-year-old cap on property taxes, a move that would have have raised taxes for many businesses in a pandemic-hobbled economy.
Nov 11, 2020 3:23 AM
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Asian shares mostly higher as focus shifts to virus recovery
Shares were mostly higher Wednesday in Asia after a worldwide rally spurred by hopes that a COVID-19 vaccine will help the global economy return to normal.
Nov 10, 2020 10:42 PM
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Auto industry has hit trough from COVID-19, says Linamar chief executive
The auto industry has hit its trough from the COVID-19 pandemic, Linamar chief executive Linda Hasenfratz said Tuesday.
Nov 10, 2020 7:01 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 (16,615.37, up 139.51 points.) Enbridge Inc. (TSX:ENB). Energy. Up $1.82, or 4.81 per cent, to $39.65 on 17.6 million shares.
Nov 10, 2020 5:11 PM
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Financials and energy boost S&P/TSX composite as vaccine hopes remain
TORONTO — Canada's main stock index enjoyed another triple-digit climb Tuesday on continued hope that a COVID-19 vaccine will lead to a global economic recovery. The S&P/TSX composite index closed up 139.51 points to 16,615.
Nov 10, 2020 5:01 PM
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First Nations chief calls $1-billion Clearwater deal a 'generational acquisition'
HALIFAX — The Mi’kmaq chief behind a blockbuster deal to buy Atlantic Canada’s largest seafood firm says it will create wealth for generations, though critics warn it could also reignite tensions with the non-Indigenous lobster fishery.
Nov 10, 2020 4:11 PM
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CAE says recovery tied to lifting of travel restriction, business jet interest
CAE Inc. says its recovery from the COVID-19 pandemic will be closely tied to the lifting of travel restrictions and continued demand for private aircraft.
Nov 10, 2020 3:44 PM
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Boeing suffers 2nd consecutive month with no airline orders
Boeing had no orders for new airliners in October, its second consecutive month, and orders for 37 of its Max jets came off the books as the company continues to struggle with the grounding of the Max and a pandemic that has crippled the airline indu
Nov 10, 2020 2:23 PM
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Ford adding 350 jobs at 2 plants to make electric vehicles
DETROIT — Ford plans to add 350 jobs at two factories to meet expected demand for electric vehicles that haven't gone on sale yet.
Nov 10, 2020 1:42 PM
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