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National Business
National Business
Travel agencies report soaring bookings, but quarantine hotels hold people back
As travel agencies report soaring international bookings, experts and travellers say Canada’s requirement around quarantine hotels for returning travellers is the No. 1 factor holding back people from taking trips.
May 28, 2021 1:39 PM
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Canada Post says 950,000 customers potentially exposed to supplier data breach
OTTAWA — Canada Post says more than 950,000 customers were potentially exposed in a data breach attack on one of its suppliers.
May 28, 2021 1:31 PM
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National Bank optimistic but watching for new COVID-19 variants, economy overheating
The head of National Bank of Canada has a rosy outlook on his company's future as COVID-19 begins to subside, but chief executive Louis Vachon is still worried about variants that may emerge and the possibility of an overheating economy.
May 28, 2021 1:17 PM
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US consumers boosted spending in April as inflation surged
WASHINGTON (AP) — Americans increased their spending by 0.5% in April, a slowdown after a massive gain in March that had been powered by the distribution of billions of dollars in individual stimulus checks. Even with the pullback from a 4.
May 28, 2021 12:29 PM
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CanWel to change name to Doman Building Materials effective Monday
CALGARY — Vancouver-based CanWel Building Materials Group Ltd. says it will change its name to Doman Building Materials Group Ltd. effective Monday.
May 28, 2021 12:18 PM
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Interfor to raise U.S. production to 77 per cent by buying four sawmills for US$375M
CALGARY — Interfor Corp. is forging ahead with a strategy fuelled by record high prices to grow its lumber production in the United States as the U.S. moves to increase softwood lumber duties on Canadian imports to protect its domestic producers.
May 28, 2021 11:41 AM
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Malaysia imposes total lockdown after cases soar above 8,000
KUALA LUMPUR, Malaysia (AP) — Malaysia's prime minister says a total coronavirus lockdown will be imposed in the country, with all business and economic activities to be halted for two weeks to contain a worsening outbreak.
May 28, 2021 9:29 AM
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CWB Financial reports Q2 profit up 40% from year ago, tops expectations
EDMONTON — CWB Financial Group topped expectations as it reported its second-quarter profit rose 40 per cent compared with a year ago.
May 28, 2021 8:31 AM
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Supreme Court refuses to hear Wilks appeal of ruling on Calfrac recapitalization
CALGARY — Calfrac Well Services Ltd. has won its legal battle with a Texas rival that mounted an unsuccessful takeover attempt after the Supreme Court of Canada declined to hear an appeal.
May 27, 2021 7:21 PM
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CRTC backtracks on wholesale internet rates, reverts to 2016 levels
TORONTO — In a victory for large internet and phone companies, Canada's telecommunications regulator has reversed a 2019 decision to drop wholesale internet rates.
May 27, 2021 6:42 PM
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