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National Business
National Business
Cascades to close containerboard plant in Burlington, Ont., affecting 45 workers
KINGSEY FALLS, Que. — Cascades Inc. says it will close its Brown containerboard plant in Burlington, Ont., by the end of July, a decision that will affect the 45 employees. The Kingsey Falls, Que.
May 26, 2020 5:43 PM
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Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,148.12, up 72.70 points.) HEXO Corp. (TSX:HEXO). Health care. Down 12 cents, or 11 per cent, to 97 cents on 16.8 million shares.
May 26, 2020 5:32 PM
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Tilray Inc. to close Leamington, Ont., greenhouse over next 6 weeks
NANAIMO, B.C. — Tilray Inc. says it will close a licensed cannabis greenhouse in Ontario, which will save the company millions of dollars a year. The Nanaimo, B.C.
May 26, 2020 5:18 PM
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TSX gets lift from financials, U.S. markets rise to highest levels since March
TORONTO — Canada's main stock index got a lift from the heavyweight financials sector, while U.S. markets surged to their highest levels in more than two months on improving sentiment from economic reopenings.
May 26, 2020 5:12 PM
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Protesters gather outside N.B. legislature as members resume busy spring session
FREDERICTON — The COVID-19 pandemic, the economy, and vaccines were among the topics as the New Brunswick legislature got back into session Tuesday.
May 26, 2020 5:06 PM
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Higher prices encourage Canadian producers to boost oil production
CALGARY — Western Canadian producers are moving to restore some oil production as crude prices rise with demand thanks to the gradual opening of the world economy and OPEC and Russian output cuts.
May 26, 2020 4:57 PM
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BC Ferries losing up to $1.5 million each day as pandemic tanks ridership
OTTAWA — The Canadian Ferry Association says BC Ferries is bleeding cash, with losses of up to $1.5 million per day as the COVID-19 pandemic continues to take a toll on ridership.
May 26, 2020 4:54 PM
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Quebec to loan up to US$200 million to struggling Cirque du Soleil
The Quebec government is coming to the rescue of Cirque du Soleil, announcing a loan of up to US$200 million as part of an agreement that could eventually see the province take over the live entertainment giant now walking a financial tightrope.
May 26, 2020 4:24 PM
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Canada Pension fund manager posts 3.1 per cent annual return for 2019-20
TORONTO — A stock market crash in March due to the COVID-19 pandemic took a bite out of Canada Pension Plan Investment Board's returns for 2020 but other types of assets performed well during the same downturn, CPPIB chief executive Mark Machin said
May 26, 2020 3:23 PM
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Retailers add COVID-19 surcharge for services to help offset costs of pandemic
VANCOUVER — Among the many changes that returning customers to Hatz Hair Studio in North Vancouver may notice is a $5 charge on their bill to help offset costs associated with operating during the coronavirus.
May 26, 2020 3:05 PM
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