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National Business
National Business
Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (14,798.29, up 156.18 points.) Manulife Financial Corp. (TSX:MFC). Financials. Up 37 cents, or 2.27 per cent, to $16.
Apr 28, 2020 5:31 PM
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Toronto stock market rises as energy sector gains despite crude softness
TORONTO — Canada's main stock index outpaced U.S. markets Tuesday as the energy sector led despite further softness in crude oil prices. The S&P/TSX composite index closed up 156.18 points at 14,798.29, the highest level in more than seven weeks.
Apr 28, 2020 5:05 PM
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McDonald's Canada to start using imported beef amid Canadian supply concerns
TORONTO — McDonald's Canada says it will start importing beef as Canada's beef supply chain struggles to meet current demand amid COVID-19.
Apr 28, 2020 4:29 PM
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Plummeting business tourism costing cities hundreds of millions in lost revenues
The cancellation of business conferences and conventions across the country is costing cities hundreds of millions of dollars in lost revenue as the COVID-19 pandemic devastates the tourism industry.
Apr 28, 2020 3:50 PM
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Postmedia to lay off 80, permanently close 15 newspapers amid COVID-19 fallout
Postmedia Network Inc. will lay off about 80 employees and permanently close 15 community publications as the newspaper conglomerate navigates the financial fallout of COVID-19.
Apr 28, 2020 3:16 PM
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Calfrac Well Services cuts deepen to 70% in Canada, U.S. due to low oil prices
CALGARY — Calfrac Well Services Ltd. says it has now cut 70 per cent of its North American staff as demand for its hydraulic fracturing and other well completion services continues to fall in view of low oil prices.
Apr 28, 2020 2:09 PM
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Prime minister of Papua New Guinea threatens to take over Barrick gold mine
TORONTO — The prime minister of Papua New Guinea is threatening to take over a gold mine operated by Barrick Gold Corp. after operations were suspended there last weekend in the midst of a dispute over renewal of its mining lease.
Apr 28, 2020 12:37 PM
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Fantino resigns from Aleafia Health board alongside former RCMP commissioner
TORONTO — Aleafia Health Inc. says former Ontario Provincial Police commissioner and federal cabinet minister Julian Fantino is resigning from the company's board.
Apr 28, 2020 11:27 AM
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Merck expects brunt of pandemic will strike this quarter
The pandemic increased sales of Merck medicines during the first quarter as households around the world stocked up, but the drugmaker expects a significant hit this quarter as the full force of the outbreak lands. Merck & Co.
Apr 28, 2020 11:17 AM
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Consumer confidence plunges in April as millions lose jobs
WASHINGTON — U.S. consumer confidence plunged in April as millions lost their jobs and there was an unprecedented deterioration of an index that monitors their attitudes about current business and work conditions.
Apr 28, 2020 11:06 AM
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