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National Business
National Business
Is it or isn't it? Answer coming at month's end on whether 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.
Apr 16, 2020 1:07 PM
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WSP Global withdraws 2020 guidance amid 'uncertainty,' but retains most projects
MONTREAL — WSP Global Inc. is withdrawing its 2020 guidance due to "unprecedented uncertainty" prompted by the COVID-19 pandemic.
Apr 16, 2020 12:27 PM
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WestJet to lay off 1,700 pilots as airline crisis deepens amid pandemic
WestJet Airlines Ltd. plans to lay off 1,700 pilots — three-quarters of the cockpit roster — as the company struggles with fallout from the COVID-19 pandemic.
Apr 16, 2020 12:11 PM
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Oil and gas giant Shell targets 'net zero' emissions by 2050
BERLIN — Energy company Royal Dutch Shell told investors Thursday that it aims to stop adding greenhouse gases to the atmosphere by 2050, a move that was welcomed by some climate campaigners even as others called it “corporate greenwash.
Apr 16, 2020 11:37 AM
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Nova Scotia LNG project decision delayed due to market conditions, COVID-19
CALGARY — Pieridae Energy Ltd.
Apr 16, 2020 11:33 AM
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Bombardier to help make 18,000 ventilators at shuttered Thunder Bay plant
MONTREAL — Bombardier Inc. is helping to produce 18,000 ventilators for the Ontario government at its temporarily shuttered plant in Thunder Bay, Ont.
Apr 16, 2020 11:32 AM
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Small businesses seek rapid rent relief measures as Trudeau promises more support
TORONTO — Small businesses are hoping for promised rent relief from both landlords and government as the COVID-19-related shutdown drags on and their bills pile up.
Apr 16, 2020 10:56 AM
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No baseball or beaches: Virus upends usual California summer
LOS ANGELES — In these dark times, clouded by fears of an enemy we can’t see and sheltered in homes we're itching to leave, it's reassuring to know that California's sunsets over the Pacific are just as vivid.
Apr 16, 2020 10:55 AM
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Barrick says it's on track to meet full-year production targets despite COVID-19
TORONTO — Barrick Gold says it's on track to achieve its production guidance for this year despite the impact of the COVID-19 pandemic.
Apr 16, 2020 10:48 AM
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Canopy Growth to lay off 85 workers, cease some global operations
Canopy Growth Corp. is making significant cuts just a month after the cannabis company slashed its workforce and took multi-million-dollar writedowns. Smiths Falls, Ont.
Apr 16, 2020 8:45 AM
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