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National Business
National Business
U.S. deep freeze weather boosts Canadian oil and gas producer profits and prospects
CALGARY — Canadian oil and gas producers are banking higher profits as unusually severe winter weather sidelines U.S. rivals this week and drives up demand and prices for their products.
Feb 17, 2021 4:29 PM
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7-Eleven's in-store alcohol plans are a new take on old model, restaurant group says
7-Eleven's plans to serve alcohol in Ontario may be hard for convenience store patrons to envision. But it is actually a new take on an old format, says James Rilett, vice president of Central Canada for industry group Restaurants Canada.
Feb 17, 2021 3:51 PM
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Fed officials expressed concerns in over slowing economy
WASHINGTON — Federal Reserve officials were convinced last month that the U.S. economy and job growth had slowed as coronavirus cases surged across the country, noting that the outlook is heavily dependent on the course of the virus.
Feb 17, 2021 3:34 PM
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Statistics Canada says annual inflation rate climbs to 1.0% in January
OTTAWA — Canada's headline inflation barometer rose one per cent in January compared with the same month last year, accelerating from the end of 2020 and poised to go higher in the coming months.
Feb 17, 2021 3:30 PM
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De Havilland Aircraft of Canada to pause Dash-8 production, 500 employees affected
De Havilland Aircraft of Canada Ltd. said Wednesday that it will pause production of new Dash 8-400 at its Downsview factory, as airlines re-evaluate their costs amid harsh market conditions.
Feb 17, 2021 3:19 PM
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US charges North Korean computer programmers in global hacks
WASHINGTON — The Justice Department has charged three North Korean computer programmers in a broad range of global hacks, including a destructive attack targeting an American movie studio, and in the attempted theft and extortion of more than $1.
Feb 17, 2021 3:14 PM
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Black business owners persist through highs and lows of Black Lives Matter, COVID-19
TORONTO — May 2020 was a stressful time for Vancouver thrift-store owner Portia Sam as she prepared to reopen from the first wave of pandemic related retail shutdowns.
Feb 17, 2021 3:06 PM
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Benchmark lumber prices jump to a record US$1,000 despite slowdown in sales volumes
CALGARY — Homebuyers and renovators hoping for a mid-winter price slump are instead being greeted with new all-time record high prices for lumber and oriented strandboard (OSB) building panels.
Feb 17, 2021 12:46 PM
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'Never Have I Ever' star Maitreyi Ramakrishnan among Canadians on Time 100 Next list
TORONTO — "Never Have I Ever" star Maitreyi Ramakrishnan is among the Canadians on Time magazine's 100 Next list.
Feb 17, 2021 12:26 PM
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Ford to go all electric in Europe by 2030
FRANKFURT — Ford is vowing to convert its entire passenger vehicle lineup in Europe to electric power by 2030 in just the latest sign of the seismic technological changes sweeping the auto industry.
Feb 17, 2021 12:05 PM
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