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National Business

Gold gets a lift as hedge with Canada's deficit to surpass $340 billion

Gold gets a lift as hedge with Canada's deficit to surpass $340 billion

TORONTO — Canada's main stock index moved higher along with gold prices Wednesday as the country's deficit was projected to surpass $340 billion.
Brooks Brothers, worn by Lincoln and Kennedy, goes bankrupt

Brooks Brothers, worn by Lincoln and Kennedy, goes bankrupt

NEW YORK — Brooks Brothers, the 200-year-old company that dressed nearly every U.S. president, filed for bankruptcy protection Wednesday, the latest major clothing seller to be toppled by the coronavirus pandemic.
Via to temporarily layoff about 1,000 workers as pandemic impacts its business

Via to temporarily layoff about 1,000 workers as pandemic impacts its business

MONTREAL — Via Rail is temporarily laying off about 1,000 unionized employees as the company copes with interrupted routes and reduced travel demand amid the COVID-19 pandemic.
CFL's Edmonton Eskimos speed up name review as sponsor backlash builds

CFL's Edmonton Eskimos speed up name review as sponsor backlash builds

The Edmonton Eskimos promised to speed up a review of its name and provide an update at the end of the month after at least one of its sponsors announced it plans to cut ties with the Canadian Football League team unless it changes its name.
Ontario's private pot shops upset about giving up delivery and curbside pickup

Ontario's private pot shops upset about giving up delivery and curbside pickup

TORONTO — Ontario's private cannabis stores will have to give up offering delivery and curbside pickup next week — and they're not happy about it.
Air Transat signs deal to use jet fuel made from captured carbon dioxide

Air Transat signs deal to use jet fuel made from captured carbon dioxide

MONTREAL — Air Transat is looking to reduce greenhouse gas emissions from its airplanes by using jet fuel made from kerosene in a process that captures carbon dioxide produced by large industrial emitters.

Bar owners that offer rare wine and spirits carve takeout business model

TORONTO — Bar and restaurant owners who deal in specialty alcohol say they've carved out a new business model around Ontario's relaxed rules for takeout liquor, and they'll fight to make the system permanent.
Business owners on their own when it comes to mask bylaw enforcement

Business owners on their own when it comes to mask bylaw enforcement

TORONTO — As Ontario municipalities enact new measures regarding the use of masks in commercial locations, business owners are on their own when it comes to dealing with customers who refuse to comply.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,595.50, down 74.17 points.) The Toronto-Dominion Bank (TSX:TD). Financials. Down 95 cents, or 1.55 per cent, to $60.22 on 13.

Nova Chemicals hires industry veteran Luis Sierra to replace retiring CEO

CALGARY — Nova Chemicals Corp. has appointed a veteran petrochemical industry executive to replace CEO Todd Karran, who previously announced his retirement.