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National Business
National Business
Fast rise in consumer spending could speed up job market recovery, BoC deputy says
OTTAWA — A deputy governor at the Bank of Canada says higher-than-expected spending by households could help the country recover tens of thousands of lost jobs over the next two years.
Mar 11, 2021 12:49 PM
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Meghan and Harry spark anger, soul-searching in UK media
LONDON — Britain’s royal family is smarting from its depiction in Meghan and Harry’s explosive TV interview as aloof, uncaring and tinged with racism.
Mar 11, 2021 12:48 PM
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Renewable diesel/hydrogen project in line for $100M in carbon credits, Tidewater says
CALGARY — Tidewater Midstream and Infrastructure Ltd.
Mar 11, 2021 11:52 AM
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Uber, Lyft team up on database to expose abusive drivers
SAN RAMON, Calif. — Uber and Lyft have teamed up to create a database of drivers ousted from their ride-hailing services for complaints about sexual assault and other crimes that have raised passenger-safety concerns for years.
Mar 11, 2021 11:26 AM
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Tourmaline Oil CEO says oilpatch acquisition environment still 'positive'
CALGARY — There are still plenty of potential oilpatch acquisition targets in Western Canada, but that may change if recently higher global oil prices continue to strengthen, the CEO of Tourmaline Oil Corp. said Thursday.
Mar 11, 2021 11:16 AM
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More than three-quarters of CEOs confident about global economy in 2021: PwC survey
NEW YORK — More than 5,000 chief executives globally expressed record optimism about economic growth a year after the World Health Organization declared COVID-19 a global pandemic, suggests a PwC survey.
Mar 11, 2021 9:43 AM
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Transat AT reports $60.5M Q1 loss, expects to resume operations mid-June
MONTREAL — Transat AT Inc. expects to resume its operations around mid-June, during the high summer season, the travel company said Thursday as it reported its latest financial results.
Mar 11, 2021 9:33 AM
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BMW remained profitable in 2020 with strong second half
FRANKFURT — German luxury automaker BMW says net profit fell 23% last year to 3.86 billion euros ($4.62 billion) as the pandemic shuttered factories in the first part of the year.
Mar 11, 2021 8:38 AM
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Lagging US, Europe speeds up help for virus-hit economy
FRANKFURT — The European Central Bank said it would step up its bond-purchase stimulus to support an economy whose recovery is expected to lag a year behind the rebound in the U.S.
Mar 11, 2021 8:37 AM
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WestJet cancels orders for 15 Boeing 737 Max planes as industry struggles
WestJet Airlines Ltd. says it has cancelled orders for 15 Boeing 737 Max aircraft as the industry-wide downturn in aviation continues. The cancellations leave WestJet with 27 Max aircraft remaining on order, the company says.
Mar 11, 2021 8:30 AM
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