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Ovintiv lays off 25% of staff as fears rise for delayed oil industry recovery

CALGARY — Fears of persistently lower demand for oil are hitting home for industry workers as the world economy slowly strengthens following the deepest disruptions of the COVID-19 crisis. Oil and gas producer Ovintiv Inc.
Telus to launch 5G wireless service in 5 markets on Friday, 26 more by year end

Telus to launch 5G wireless service in 5 markets on Friday, 26 more by year end

VANCOUVER — Telus says its fifth-generation wireless network will be activated in five of Canada's largest markets starting Friday, with another 26 to be added by the end of this year.

Aimia closes Kognitiv transaction after court dismisses Air Canada lawsuit

MONTREAL — Aimia Inc. says it has closed a transaction with Kognitiv Corp. after the Quebec Superior Court dismissed an application from Air Canada to halt the merger.
Bombardier chairman defends $17.5-million severance package for former CEO

Bombardier chairman defends $17.5-million severance package for former CEO

MONTREAL — The chairman of Bombardier Inc. is defending the multimillion-dollar compensation plan handed to former CEO Alain Bellemare.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (15,479.83, up 51.14 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down two cents, or 3.92 per cent, to 49 cents on 14.
Indigenous bank workers still face barriers despite employer efforts, says study

Indigenous bank workers still face barriers despite employer efforts, says study

TORONTO — A new study says significant barriers continue to exist when it comes to hiring, retaining and promoting Indigenous workers in Canada's banking and financial sector.
Open letter from 27 CEOs calls for Canada to lighten travel restrictions

Open letter from 27 CEOs calls for Canada to lighten travel restrictions

TORONTO — Chief executives from 27 companies including three airlines say it's time for Canada's prime minister and provincial premiers to relax restrictions on air travel for the good of the economy.
Surging Shopify and energy strength prompts partial recovery of TSX

Surging Shopify and energy strength prompts partial recovery of TSX

TORONTO — Canada's main stock index recovered some of Wednesday's losses as tech darling Shopify Inc. surged after receiving an analyst upgrade. The Ottawa-based company's shares gained 5.
California orders people to wear masks in most indoor spaces

California orders people to wear masks in most indoor spaces

SACRAMENTO, Calif. — California on Thursday started requiring people throughout the state to wear masks in most indoor settings and outdoors when distancing isn't possible. “Science shows that face coverings and masks work,” Gov.
Grocer Empire Co. reports Q4 profit and sales up, raises dividend

Grocer Empire Co. reports Q4 profit and sales up, raises dividend

Customers seeking one-stop-shop options helped push Empire Co.'s fourth-quarter profits beyond analysts' expectations as the COVID-19 pandemic continued to unfold in Canada.
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