Skip to content

National Business

Husky Energy to get $41.5 million in federal cash for stalled N.L. offshore project

Husky Energy to get $41.5 million in federal cash for stalled N.L. offshore project

ST. JOHN'S, N.L. — Husky Energy will receive $41.5 million in federal money to maintain jobs and move toward restarting its West White Rose offshore oil project in Newfoundland and Labrador, although officials admit a restart is not certain.
Celebrities, Santa and Zoom part of office holiday parties being held amid COVID-19

Celebrities, Santa and Zoom part of office holiday parties being held amid COVID-19

TORONTO — When the December holiday season rolls around, Rogers Communication Inc. staff usually work as efficiently as elves to transform the Rogers Centre into a carnival.
3M cutting another 2,900 global jobs in second restructuring within a year

3M cutting another 2,900 global jobs in second restructuring within a year

LONDON, Ont. — The maker of Post-it notes and industrial coatings says an additional 2,900 jobs will be cut around the world following another restructuring, this time spurred on by the COVID-19 pandemic.
TD CEO pushes 'cautious optimism' after bank reported $5.14B profit in Q4

TD CEO pushes 'cautious optimism' after bank reported $5.14B profit in Q4

TORONTO — TD Bank Group's chief executive is ending 2020 without budging from a message he's been pushing almost every quarter this year: "cautious optimism.
WSP Global shares surge with deal to buy Ontario's Golder Associates for $1.5 billion

WSP Global shares surge with deal to buy Ontario's Golder Associates for $1.5 billion

MONTREAL — WSP Global Inc. has secured a transformation deal to take advantage of the world's green transition after agreeing to buy Ontario's employee-owned Golder Associates for about $1.5 billion.
Toronto buy now, pay later company PayBright to be bought by U.S.'s Affirm for $340M

Toronto buy now, pay later company PayBright to be bought by U.S.'s Affirm for $340M

TORONTO — One of Canada's top buy now, pay later finance companies is being purchased by an American rival. San Francisco-based Affirm says it has a reached a deal to buy Toronto's PayBright for $340 million.
OPEC, Russia to nudge up oil output after hit from pandemic

OPEC, Russia to nudge up oil output after hit from pandemic

FRANKFURT — OPEC and allied countries including Russia agreed Thursday to increase oil production by 500,000 barrels a day from January and said they would meet monthly to decide further output levels, gingerly adding more crude to a global economy s
In seismic shift, Warner Bros. to stream all 2021 films

In seismic shift, Warner Bros. to stream all 2021 films

NEW YORK — In the most seismic shift by a Hollywood studio yet during the pandemic, Warner Bros. Pictures on Thursday announced that all of its 2021 film slate — including a new “Matrix” movie, “Godzilla vs.

Ryanair gives Boeing a boost by ordering 75 more Max jets

Irish budget airline Ryanair said Thursday it is ordering 75 more Boeing 737 Max jets, a boost for Boeing just before its most important plane returns to flying after two deadly crashes.
Gift cards remain popular despite pandemic but come with a risk if store closes

Gift cards remain popular despite pandemic but come with a risk if store closes

TORONTO — Chris Corson has soured on gift cards this holiday season after the store she planned to spend them at was one of the growing casualties of the COVID-19 pandemic.