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National Business
Caisse de depot posts negative 2.3 per cent return in first six months of 2020
MONTREAL — The Caisse de depot et placement du Quebec says the economic impacts of the COVID-19 pandemic resulted in posting a negative return of 2.3 per cent during the first six months of 2020.
Aug 7, 2020 2:21 PM
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Heroux-Devtek earnings down amid turbulence in aerospace industry
Heroux-Devtek Inc. swung to a net loss in its latest quarter as the landing-gear manufacturer felt the impact from severe turbulence in the global aerospace industry caused by the COVID-19 pandemic. The Quebec-based company said it lost $1.
Aug 7, 2020 2:18 PM
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U.S. aluminum tariffs 'disappointing' and 'unfortunate,' says B.C. premier
VICTORIA — British Columbia Premier John Horgan says the United States government's decision to impose tariffs on Canadian raw aluminum is "disappointing." A statement from the premier's office says Canadian aluminum exports do not harm the U.S.
Aug 7, 2020 2:10 PM
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Domtar launches strategic review of personal care business after nine years
Domtar Corp. is launching a strategic review of its personal care business, nine years after launching the diaper and incontinence operations.
Aug 7, 2020 2:04 PM
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'Cautious consumer' to remain until COVID-19 vaccine, Indigo CEO says
TORONTO — Canadian customers likely won't start frequenting stores for items not on their shopping list until there's a vaccine for COVID-19, Indigo Books & Music Inc. founder and chief executive said Friday.
Aug 7, 2020 1:48 PM
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Saskatchewan doctors want masks, distancing addressed in back-to-school plan
REGINA — A doctors association in Saskatchewan is urging the provincial government to apply more caution when it comes to reopening schools.
Aug 7, 2020 1:40 PM
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Enerplus restarting North Dakota production despite threat to pipeline
CALGARY — Enerplus Corp. says it has restored North Dakota crude oil production halted during the pandemic-linked oil price crash in May despite a court ruling last month that the Dakota Access Pipeline must be shut down.
Aug 7, 2020 1:32 PM
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Ford urges Ontarians to buy local in retaliation for U.S. aluminum tariffs
TORONTO — Ontario's premier dove into the simmering trade battle between Canada and the United States on Friday, slamming the American president for disloyalty while urging the province's residents to join the fight by supporting local industry.
Aug 7, 2020 12:49 PM
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Parkland posts lower Q2 net income of $32 million as fuel sales fall by 14%
CALGARY — Service station operator Parkland Corp. is reporting higher-than-expected second quarter earnings despite pandemic-related hits to its sales volumes.
Aug 7, 2020 12:09 PM
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Magna takes big hit in second quarter from COVID-19 auto production shutdowns
AURORA, Ont. — A "precipitous decline" in global auto manufacturing during the COVID-19 pandemic led Magna International Inc. to report its first operating loss since 2009 on Friday.
Aug 7, 2020 12:07 PM
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