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Transat to rehire 4,000 employees with federal subsidy as planes remain parked

Transat to rehire 4,000 employees with federal subsidy as planes remain parked

MONTREAL — Transat A.T. Inc. plans to use the federal emergency wage subsidy to rehire 4,000 employees it had temporarily laid off after halting all flights due to the COVID-19 pandemic.
The Stars Group says first-quarter revenue a record, up 27 per cent

The Stars Group says first-quarter revenue a record, up 27 per cent

TORONTO — The Stars Group Inc. says it saw record revenue in its first quarter as COVID-19 led to an increase in online poker and casino games starting in March.
Musicians say CERB changes offer some financial relief as uncertainty persists

Musicians say CERB changes offer some financial relief as uncertainty persists

TORONTO — Chris McKhool still has many questions about how the federal government will support Canadian artists in the latest update to the COVID-19 emergency benefits program — but for now he's trying to stay focused on the music.
Asian shares climb on China data, Wall Street rally

Asian shares climb on China data, Wall Street rally

BANGKOK — Shares surged Friday in Asia after China reported economic data that, while bleak, was better than expected.
At Criterion Channel, programming a movable movie feast

At Criterion Channel, programming a movable movie feast

NEW YORK — Arthouses are closed. Film festivals are cancelled . But double features, matinees and film series continue to run unabated in one vital, virtual corner of moviedom.
Business owners left out as lending program goes on hold

Business owners left out as lending program goes on hold

NEW YORK — The government’s lending program for small businesses is tapped out, leaving business owners who still need loans waiting for Congress to approve more funding.
Layoffs and pay cuts are now striking more white collar jobs

Layoffs and pay cuts are now striking more white collar jobs

WASHINGTON — First, it was bars, restaurants, hotels. And clothing stores, movie theatres , entertainment venues. And countless small businesses, from bookstores to barber shops.
Is it or isn't it? How we know when we're in a recession

Is it or isn't it? How we know when we're in a recession

Everyone knows that Canada is in a deep economic slump caused by measures taken to control the spread of the COVID-19 pandemic — but they'll have to wait until May 1 to find out if it's officially a recession. A special meeting of the C.D.
Financials and energy sectors weigh on stocks in Toronto, U.S. markets see gains

Financials and energy sectors weigh on stocks in Toronto, U.S. markets see gains

TORONTO — It was a mixed day in markets Thursday as Canada's main stock index closed down on poor performance in the financials and energy sectors while major U.S. stock indices saw gains driven by major tech companies.
Lululemon's chief financial officer to depart next month for new role

Lululemon's chief financial officer to depart next month for new role

VANCOUVER — Lululemon Athletica Inc. says its chief financial officer will leave the company next month for a position in a different industry.
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