Business

Investor advocacy group returns $2M to Jarislowsky Foundation amid cash crunch

October 18, 2019

TORONTO — Investor advocacy group FAIR Canada is struggling to obtain funding and says it has returned $2.4 million to the Jarislowsky Foundation because it was unable to ...

Trump taps Perry deputy to replace him at Energy Department

October 18, 2019

WASHINGTON — President Donald Trump says he is nominating a deputy to Energy Secretary Rick Perry to replace him in the top job at the Energy Department.Trump tweeted Friday ...

IMF, World Bank leaders appeal for an end to trade wars

October 18, 2019

WASHINGTON — The leaders of the International Monetary Fund and the World Bank appealed to their 189 member countries on Friday to resolve widening disagreements on trade and...

Google affiliate begins drone deliveries in Virginia town

October 18, 2019

A Google affiliate started using drones Friday to deliver customers' Walgreens and FedEx purchases in a test being run in a Virginia town.Wing, which is owned by Google ...

Oracle co-CEO Mark Hurd is dead at 62

October 18, 2019

Oracle co-CEO Mark Hurd, who led two Silicon Valley giants, has died at 62. Oracle confirmed his death Friday, but gave no cause. Hurd was on medical leave, which Oracle ...

Canadian business needs Brexit certainty but Johnson plan only a start: observers

October 18, 2019

TORONTO — Experts warn that a post-Brexit United Kingdom will present Canadian business with tremendous uncertainty about billions of dollars worth of trade and investments, ...

GM workers called back to Oshawa plant after U.S. union reaches tentative deal

October 18, 2019

General Motors has recalled all workers to its assembly plant in Oshawa, Ont., after the United Auto Workers union in the U.S. reached a tentative deal earlier this week.GM ...

TSX dips to end flat week ahead of election as loonie hits three-month high

October 18, 2019

TORONTO — Canada's main stock index ended a fairly flat week lower on the eve of the federal election as the loonie hit a three-month high.The Canadian dollar has risen to ...

Gildan Activewear stock drops nearly 26 per cent after guidance update

October 18, 2019

MONTREAL — Gildan Activewear Inc. shares plunged nearly 26 per cent Friday after the company cut its 2019 guidance and warned third-quarter earnings would shrink.The shares ...

Corus Entertainment stock falls, analyst disappointed by pre-Christmas ad outlook

October 18, 2019

TORONTO — Corus Entertainment Inc. shares dropped 11 per cent Friday after the TV, radio and studio company announced a lower profit for the fourth quarter and a ...

Johnson returns to London to drum up support for Brexit deal

October 18, 2019

LONDON — After defying expectations to win the backing of European Union leaders for his new Brexit deal , Prime Minister Boris Johnson was battling Friday to secure enough ...

China's economic slowdown deepens, weighing on global growth

October 17, 2019

BEIJING — China's economic growth sank to a new multi-decade low in the latest quarter as a trade war with the U.S. deepened a slump that is weighing on the global ...

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Drilling rig count down to 28 for Saskatchewan

October 1, 2019

It’s raining, it’s pouring, now the drilling rigs are snoring

September 13, 2019

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Drilling rig count down to 28 for Saskatchewan

October 1, 2019

Estevan – If there’s one thing lots of rain and snow will do in the fall, it’s shut down drilling rigs. And that’s exactly what’s been happening. On the first day of ...

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Column: What four years of the current government has meant for the oilpatch

October 15, 2019

The last five years in the oilpatch have been rough. It was in late 2014 when the wheels started coming off. Oil at US$100 a barrel disappeared, never to reappear. By ...