Skip to content

National Business

Ontario using billions in pandemic funding by March, deficit still record high

Ontario using billions in pandemic funding by March, deficit still record high

TORONTO — Ontario will spend all of the $13.3 billion in pandemic funding it received from the federal government by the end of March, although that won't change the record deficit it expects to rack up this year.
Audit raises concerns about wildfire risks at US nuclear lab

Audit raises concerns about wildfire risks at US nuclear lab

ALBUQUERQUE, N.M. — One of the nation’s premier nuclear laboratories isn’t taking the necessary precautions to guard against wildfires, according to an audit by the U.S. Energy Department’s inspector general.
60% of Indigenous workers feel emotionally unsafe on the job: Catalyst survey

60% of Indigenous workers feel emotionally unsafe on the job: Catalyst survey

TORONTO — As Krystal Abotossaway navigated corporate Canada over the last decade, the Toronto woman with Anishinaabe Kwe heritage always paid always took care to be on time, to watch her drinking at after-work events and to be agreeable in meetings.
'I don't want to be a unicorn': Black founders struggle to raise venture capital

'I don't want to be a unicorn': Black founders struggle to raise venture capital

TORONTO — When Lola Adeyemi started a company making chickpea stews and roasted carrot soups like the ones she grew up eating in Africa, she was expecting an uphill battle.
Imperial, Suncor make contingency plans despite 'low probability' of Line 5 shutdown

Imperial, Suncor make contingency plans despite 'low probability' of Line 5 shutdown

CALGARY — Less than a month after U.S. President Joe Biden nixed the Keystone XL pipeline as part of a sweeping climate plan, another pipeline with implications for Canada is in the crosshairs of a U.S. politician.
Interfor buys South Carolina sawmill for US$59M as lumber prices set new records

Interfor buys South Carolina sawmill for US$59M as lumber prices set new records

VANCOUVER — Lumber producer Interfor Corp. is buying a sawmill in South Carolina from WestRock Co. for US$59 million in cash.
LVMH to put Fenty fashion collection on pause

LVMH to put Fenty fashion collection on pause

NEW YORK — LVMH Moët Hennessy Louis Vuitton, the world’s largest luxury group, has put Rihanna's Fenty fashion collection on hold.
In switch, South Africa to give health workers J&J vaccine

In switch, South Africa to give health workers J&J vaccine

JOHANNESBURG — South Africa will start vaccinating front-line health workers next week with a shot that is still in testing — an unorthodox strategy announced Wednesday after officials abandoned plans to use another vaccine that a small study suggest
Cameco Q4 net profit plunges 39 per cent as COVID forced uranium mine suspension

Cameco Q4 net profit plunges 39 per cent as COVID forced uranium mine suspension

SASKATOON — Cameco Corp. beat expectations even as the uranium miner reported that is net income attributable to common shareholders decreased 39 per cent to $80 million in the fourth quarter due to the impact of COVID-19.
'Digital loonie' should come from Bank of Canada, not private sector, deputy says

'Digital loonie' should come from Bank of Canada, not private sector, deputy says

OTTAWA — A Bank of Canada official delivered a detailed defence of why the central bank should issue a "digital loonie" instead of ceding control to private cryptocurrencies that could become economic gatekeepers.