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Publisher says news media need cash 'now' to survive drop in advertising revenue
TORONTO — The federal government needs to move quickly to support the Canadian news industry amid the economic downturn brought about by the response to the COVID-19 pandemic, an industry spokesman said Monday.
Apr 6, 2020 6:19 PM
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Commercial landlords offering rent deferrals as economy hit by pandemic
TORONTO — Major commercial landlords in Canada are offering rent deferrals to tenants as the COVID-19 pandemic has forced many businesses to close their stores.
Apr 6, 2020 6:00 PM
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Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (13,592.70, up 654.40 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up 1.5 cents, or 3.7 per cent, to 42 cents on 19.
Apr 6, 2020 5:50 PM
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North American stock markets rise on hope of slowing growth of virus
TORONTO — North American stock markets surged to start the trading week on hopes of slowing growth of COVID-19 in parts of Europe and New York.
Apr 6, 2020 5:21 PM
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Breakdown of co-op grocery partnership sparks layoffs and lawsuits
CALGARY — When a relationship breaks down after more than 60 years of mutual benefit, feelings are bound to get hurt.
Apr 6, 2020 4:43 PM
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Travellers, travel agents 'in agony' over refund policies and customer service
Natalie Rahey and Blair Skrupski were supposed to be standing under a wedding canopy in three weeks, hand in hand on a Caribbean beach surrounded by friends and family.
Apr 6, 2020 4:36 PM
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Postmedia delays Q2 report to late May because of uncertainty caused by COVID
TORONTO — Postmedia Network Canada Corp. will delay the release of its next quarterly report by as much as six weeks as a result of relaxed filing rules that have been put in place by securities regulators because of the COVID-19 pandemic.
Apr 6, 2020 1:54 PM
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Trican Well Service cuts jobs, salaries as low oil prices stall drilling plans
CALGARY — Trican Well Service Ltd. says it has cut its employee costs by half through salary reductions, layoffs and job sharing in reaction to a severe slowdown in drilling activity due to low oil prices.
Apr 6, 2020 12:13 PM
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Winnipeg Free Press begins2 weeks of pay reductions for union, management
WINNIPEG — Unionized workers of the Winnipeg Free Press have accepted a temporary' wage cut requested by the newspaper's publisher, who said last week the newspaper needs flexibility to survive a collapse in advertising revenue since the COVID-19 cri
Apr 6, 2020 11:25 AM
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CAE temporarily laying off 2,600, cutting salaries, suspending dividend
MONTREAL — CAE Inc. is temporarily laying off about a quarter of its staff, cutting salaries and suspending its dividend and share repurchase plan in response to the COVID-19 pandemic.
Apr 6, 2020 11:00 AM
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