Skip to content

National Business

Evraz steel mill in Regina hit with 500 layoffs; union cites decrease in demand

Evraz steel mill in Regina hit with 500 layoffs; union cites decrease in demand

REGINA — A union representing workers at a steel plant in Regina says nearly 500 of its members are being laid off. The United Steelworkers says the workers will be off the job starting Dec. 17 and their layoff notices are indefinite.
Airbnb rolls out restrictions in Canada to prevent New Year’s Eve parties

Airbnb rolls out restrictions in Canada to prevent New Year’s Eve parties

TORONTO — Just days after the discovery of a large party in one of its rental properties, Airbnb says it has a plan to curb New Year’s Eve parties this year while Canada works to slow the spread of the COVID-19 virus.
RioCan cuts payouts as COVID-19 challenges outlook for retail real estate

RioCan cuts payouts as COVID-19 challenges outlook for retail real estate

TORONTO — RioCan Real Estate Investment Trust says it is cutting its payouts to unitholders by a third as the COVID-19 pandemic creates an uncertain future for shopping centres.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (17,398.02, up 39.81 points.). Suncor Energy Inc. (TSX:SU). Energy. Up 38 cents, or 1.81 per cent, to $21.34 on 15.4 million shares.
Moe hopes for holiday visits as Saskatchewan's COVID-19 cases forecast to double

Moe hopes for holiday visits as Saskatchewan's COVID-19 cases forecast to double

REGINA — Saskatchewan Premier Scott Moe isn't committing to a threshold suggested by his chief medical health officer for granting more people the right to gather at Christmas. Dr.
Senate confirms Christopher Waller to serve on Fed's board

Senate confirms Christopher Waller to serve on Fed's board

WASHINGTON — The Senate on Thursday narrowly confirmed the nomination of Christopher Waller for the Federal Reserve's Board of Governors, placing another of President Donald Trump's picks on the Fed's influential board after a string of high-profile
S&P/TSX composite again creeps higher as investors digest solid November gains

S&P/TSX composite again creeps higher as investors digest solid November gains

TORONTO — Canada's main index crept higher again Thursday on a broad-based rally as investors continued to digest November's solid gains. The S&P/TSX composite index closed up 39.81 points to 17,398.02. It reached an intraday high of 17,452.
MPs probe officials on ability to collect GST from Netflix, other foreign companies

MPs probe officials on ability to collect GST from Netflix, other foreign companies

OTTAWA — Opposition MPs pressed officials Thursday to say how ready they'll be to begin collecting GST on cross-border sales by foreign companies starting next year, as proposed by the Liberal government's fiscal update.
Husky Energy to get $41.5 million in federal cash for stalled N.L. offshore project

Husky Energy to get $41.5 million in federal cash for stalled N.L. offshore project

ST. JOHN'S, N.L. — Husky Energy will receive $41.5 million in federal money to maintain jobs and move toward restarting its West White Rose offshore oil project in Newfoundland and Labrador, although officials admit a restart is not certain.
Celebrities, Santa and Zoom part of office holiday parties being held amid COVID-19

Celebrities, Santa and Zoom part of office holiday parties being held amid COVID-19

TORONTO — When the December holiday season rolls around, Rogers Communication Inc. staff usually work as efficiently as elves to transform the Rogers Centre into a carnival.