The Bank of Canada says workers were feeling upbeat about job prospects in the weeks before COVID-19 delivered a shock to the Canadian economy, while employers felt otherwise.
Carnival jumps after Saudi Arabia Fund discloses 8.2% stake
Carnival Corp. shares jumped after Saudi Arabia’s Public Investment Fund said it acquired an 8.2 per cent stake in the world’s biggest cruise operator.
3M says White House asked it stop sending U.S.-made masks to Canada
The Trump Administration asked 3M Co. to stop sending U.S.-made respirators to Canada, the company said Friday.
What happens when Hollywood shuts down
As housebound consumers devour more TV content than ever, new shows and movies aren’t getting made.
American Airlines joins United in slashing New York-area flights
American Airlines Group Inc. will slash daily flights from New York-area airports by 95 per cent, joining United Airlines Holdings Inc. in eliminating most operations in the nation’s largest city as the increase in COVID-19 cases guts travel demand.
MTY Food Group suspends dividend, lays off over half of its staff
MTY Food Group Inc. has suspended its quarterly dividend, temporarily laid off over half of its workforce and reduced the base salaries of its leadership team.
Chorus Aviation suspends dividends, lays off staff and cuts executive salaries
HALIFAX - Chorus Aviation Inc. is suspending its dividend, temporarily laying off staff and cutting executive salaries as it deals with the fallout from COVID-19.
Amazon confronts coronavirus and unions: One a real threat, the other overblown
As the world’s largest online retailer was coping with a global crisis, why did it create a new one for itself?
Banks offer reduced credit card rate for clients impacted by virus
CIBC is offering reduced interest rates on personal credit cards for Canadians in financial hardship due to the COVID-19 pandemic.
Bombardier Inc. named a new chief executive officer to focus on corporate jets after the company winds down a multi-year sell-off of assets.