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National Business
National Business
Farm groups oppose new foreign worker restrictions in New Brunswick
FREDERICTON — Farm groups in New Brunswick say a new restriction on temporary foreign workers couldn't have come at a worse time and will have a major impact on food production in the province.
Apr 29, 2020 12:22 PM
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Roots closing seven U.S. stores, reports $44.6M fourth-quarter loss
TORONTO — Clothing retailer Roots Corp. plans to close permanently nearly all of its U.S. stores as they continue to underperform in a retail environment exacerbated by the COVID-19 pandemic.
Apr 29, 2020 11:50 AM
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Economic 'train wreck' delivers billions in asset impairments to oil producers
CALGARY — Fears that crude oil prices slammed by a global economic "train wreck" will remain low for some time are forcing Calgary-based companies to write off billions of dollars in value from their oil and gas resources. Husky Energy Inc.
Apr 29, 2020 11:12 AM
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Trump trade office adds Amazon to 'notorious markets' list
WASHINGTON — The United States for the first time added five of Amazon’s overseas operations to its list of “notorious markets’’ where pirated goods are sold.
Apr 29, 2020 10:51 AM
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'Trolls' went straight to homes. Movie theatres are fuming.
NEW YORK — The most controversial movie of the year is ...
Apr 29, 2020 10:47 AM
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Loblaw reports Q1 profit and sales up as customers stockpiled supplies
Canada's largest grocer believes it will see "financial pressure" in the future as customers' shopping habits change and costs rise during the COVID-19 pandemic. Loblaw Companies Ltd.
Apr 29, 2020 10:10 AM
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Nutella-maker closes Brantford plant after workers test positive for COVID-19
BRANTFORD, Ont. — The maker of Nutella, Ferrero Rocher and Kinder products says it had to close down its Brantford, Ont., plant after employees tested positive for COVID-19. Ferrero Canada Ltd.
Apr 29, 2020 9:25 AM
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Business and tech consulting firm CGI reports $314.8M first-quarter profit
MONTREAL — CGI Inc. says it earned $314.8 million in its latest quarter compared with $318.3 million in the same quarter a year earlier as it was hit by one-time restructuring costs and integration expenses.
Apr 29, 2020 8:29 AM
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Maple Leaf Foods says pandemic costs will add up to $20 million to Q2 expenses
Maple Leaf Foods Inc.
Apr 29, 2020 8:17 AM
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Cenovus Energy reports $1.8B first-quarter loss as oil prices plunged
CALGARY — Cenovus Energy Inc. reported a $1.8-billion loss in its first quarter as oil prices fell due to a drop in demand as a result of the COVID-19 pandemic and a oil price war between Saudi Arabia and Russia.
Apr 29, 2020 5:08 AM
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