Tag Archives: business

OTTAWA - Canadian businesses desperate for details about the federal government's promised wage subsidy program will have to wait a little longer for answers. A news conference planned for T...

OTTAWA - Businesses of any size that have seen sharp and sudden drops in revenues due to COVID-19 will be eligible for a new federal wage subsidy program, the federal government said Monday, just...

WUHAN, China - The city at the centre of China's virus outbreak was reopening for business Monday after authorities lifted more of the controls that locked downs tens of millions of people for two mon...

OTTAWA - A promised federal wage subsidy to cover three-quarters of salaries will go to any company - large, medium or small - charity or non-profit that can show it has seen revenues drop sharply due...

TOKYO - Asian shares surged Tuesday after a rally in U.S. stocks, mostly spurred by health care companies' announcements of developments that could aid in the coronavirus outbreak. Japan's benchmark N...

For those with a sweet tooth, the COVID-19 pandemic won't be getting in the way of a box of Girl Guide cookies. The girls are being advised to practise social distancing, which means no door-to-door s...

Stocks rallied this week as Washington acted to provide $2.2 trillion of relief to an economy shocked by the coronavirus outbreak, leaving some on Wall Street cautiously optimistic that the panicky se...

TORONTO - It's as if the COVID-19 epidemic had tripped a circuit breaker, shutting off all power to a city the size of Ottawa. Virus-induced restrictions that have shut down large swaths of normal com...

DETROIT - President Donald Trump issued an order Friday that seeks to force General Motors to produce ventilators for coronavirus patients under the Defence Production Act. Trump said negotiations wit...

OTTAWA - Parliament's budget watchdog is projecting that the federal deficit for the coming fiscal year could be $112.7 billion, a jump of $89.5 billion from previous forecasts as government spending ...