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National Business
National Business
Airlines slash flights, freeze hiring as virus cuts travel
Airlines are slashing flights, freezing hiring and parking planes to cope with a stunning drop in bookings and a rise in cancellations caused by fear over the new virus outbreak.
Mar 10, 2020 6:46 PM
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Somber events mark first anniversary of Ethiopian crash
TULUFERA, Ethiopia — Grim-faced, visibly grief-stricken and some crying, hundreds of family members gathered Tuesday for a memorial service at the site where one year ago an Ethiopian Airlines jet crashed into the rocky ground, killing all 157 on boa
Mar 10, 2020 6:18 PM
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Enbridge moving May annual meeting online due to coronavirus concerns
CALGARY — Enbridge Inc. is moving its annual meeting in May online because of concerns about the spread of novel coronavirus.
Mar 10, 2020 6:16 PM
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Air Canada halts all flights to Italy amid nationwide coronavirus lockdown
MONTREAL — Air Canada has suspended flights to and from Italy after the country extended a national lockdown in response to the novel coronavirus.
Mar 10, 2020 5:44 PM
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North American stock markets partially rebound on stimulus hope and higher crude
TORONTO — Canada's main stock index partially rebounded from its worst one-day decline in more than 30 years on the promise of fiscal stimulus by the U.S. and other governments and a lift in oil prices.
Mar 10, 2020 4:54 PM
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Cenovus spending cut expected to set trend as sector adjusts to oil prices
CALGARY — Forecasts for a stand-pat year for drilling in 2020 in the Canadian oilpatch are up in the air following an oil price crash Monday linked to a dispute between Russia and Saudi Arabia over oil production cuts.
Mar 10, 2020 4:52 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 (14,958.09, up 443.85 points.) Baytex Energy Corp. (TSX:BTE). Energy. Up one cent, or 1.59 per cent, to 64 cents on 23 million shares.
Mar 10, 2020 4:29 PM
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Manitoba government to cut payroll tax in Wednesday's budget
WINNIPEG — The Manitoba government is easing its so-called payroll tax in order to be more competitive with Alberta, Saskatchewan and other provinces that don't have the levy.
Mar 10, 2020 3:32 PM
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NewsAlert: Air Canada halts all flights to Italy amid coronavirus lockdown
MONTREAL — Air Canada is suspending flights to and from Italy, saying the decision was prompted by Italian regulations and "ongoing health and safety concerns" related to the outbreak of a novel coronavirus.
Mar 10, 2020 2:56 PM
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Nygard to restructure and seek protection amid sex crime claims and lawsuits
After a string of sexual crime allegations and legal troubles that have ensnared its founder, The Nygard Group of Companies is facing its latest challenge: a corporate restructuring.
Mar 10, 2020 2:56 PM
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