Tag Archives: business

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 ...

OTTAWA - Canada's central bank made yet another unscheduled rate cut Friday to bring its key interest target down to a crisis-level low, and the federal government upped its financial l...

With many businesses forced to close under new restrictions from the Saskatchewan government, some have managed to switch gears completely to keep running. Chris Lech with Denson Commercial Food Equip...

Wall Street closed lower Friday but still notched big gains for the week as investors held out hope that a $2 trillion rescue package will cushion businesses and households from the economic devastati...