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Insurance firms pledge small-business help as pressure to address rising rates mounts
A group representing Canadian insurance companies has launched a team that will help small businesses find affordable coverage as rates rise during the pandemic, but critics expressed skepticism over the move.
Oct 29, 2020 3:05 PM
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RioCan CEO says real estate industry's norms have turned upside-down
TORONTO — Demand for space in prime office towers and shopping malls has plunged because the pandemic suddenly turned them into places that customers and tenants "don't even want to go to," RioCan Real Estate Investment Trust's veteran chief executiv
Oct 29, 2020 2:53 PM
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Wall Street ends higher after shaking off a wobbly start
U.S. stocks shook off an early slide and closed broadly higher Thursday as the market steadied after its worst drop in more than four months. The S&P 500 rose 1.2%, bouncing back from a drop of 0.3% in the early going.
Oct 29, 2020 2:35 PM
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Canadian small business confidence drops in October as COVID-19 cases rise
Small business confidence appears to be an inverse function of the COVID-19 case count, with a new report finding the outlook of entrepreneurs fell in October just as the pandemic's second wave tracked upward.
Oct 29, 2020 2:26 PM
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N.S. offers hotels, motels property tax rebate to help with COVID-induced losses
HALIFAX — Nova Scotia hotel, motel and inn operators hit hard by the COVID-19 pandemic are being offered a property tax rebate. The rebate program will cost about $4.
Oct 29, 2020 2:08 PM
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Gildan understands airline industry's pain as reduced travel hurts T-shirt business
Gildan Activewear Inc. says it is feeling some of the same pain as the airline industry as COVID-19 has upended the tourism business and demand for holiday printed T-shirts.
Oct 29, 2020 2:07 PM
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Recall of Daily Shield hand sanitizer expanded, manufacturer's licence suspended
Health Canada has suspended the licence of a Mississauga manufacturer of hand sanitizer and issued an expanded recall for some of its products found to contain unauthorized ingredients that could be unsafe for consumers.
Oct 29, 2020 1:50 PM
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Suncor says end of Alberta oil quotas a "positive signal" as it reports $302M loss
CALGARY — The Alberta government's decision to end its oil production curtailment program in December after almost two years is "a very positive signal" for oilsands and refining giant Suncor Energy Inc., CEO Mark Little said Thursday.
Oct 29, 2020 1:38 PM
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One-time costs of Husky takeover expected to be about $500 million, says Cenovus CEO
CALGARY — The one-time costs of merging with Husky Energy Inc. are expected to total about $500 million, including severance, says the CEO of Cenovus Energy Inc., adding the expense is worth it given the expected savings of about $1.
Oct 29, 2020 12:53 PM
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U.S. OKs extradition of 2 nabbed in ex-Nissan boss' escape
BOSTON — The U.S. State Department has agreed to turn over to Japan two American men accused of smuggling former Nissan Motor Co.
Oct 29, 2020 12:44 PM
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