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Idled Northern Pulp mill in Nova Scotia seeking protection from creditors
HALIFAX — An idled Nova Scotia pulp mill says it has received an "initial order" giving it protection from its creditors as it attempts to restructure its finances and affairs.
Jun 19, 2020 2:25 PM
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Grocery workers should be properly paid during pandemic, Trudeau says
CHELSEA, Que. — Grocery store employees who continued to work during the COVID-19 pandemic are "heroes" and should be properly compensated, said Prime Minister Justin Trudeau Friday.
Jun 19, 2020 2:21 PM
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EU suspends probe into Air Canada-Transat deal pending more information
European Union regulators are suspending their investigation into Air Canada's proposed purchase of Transat AT pending the arrival of more data from the two Canadian travel companies.
Jun 19, 2020 1:09 PM
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Wirecard CEO quits after auditors can't find $2.1 billion
FRANKFURT — The chief executive of German payment service provider Wirecard AG resigned on Friday after the company disclosed that auditors could not find 1.9 billion euros ($2.
Jun 19, 2020 12:44 PM
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Canadian crude-by-rail exports drop by half in April as fuel demand plunged
Canadian exports of crude oil by rail dropped by more than half in April compared to March as North American fuel demand plunged due to measures taken to control the COVID-19 pandemic.
Jun 19, 2020 11:41 AM
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SNC-Lavalin to pay $1.9 million for rigging bids on Quebec municipal contracts
OTTAWA — SNC-Lavalin Inc. will pay Ottawa $1.9 million for rigging bids on municipal infrastructure contracts in Quebec as part of a federal settlement.
Jun 19, 2020 11:07 AM
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Quebec securities regulator charges trio over PlexCoin virtual currency scheme
MONTREAL — Quebec's securities regulator has filed civil charges against three residents over the illegal sale of virtual currency called PlexCoin.
Jun 19, 2020 10:59 AM
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Ontario not moving ahead with plan to cut workers statutory holidays
TORONTO — The head of Unifor says he has been assured by Ontario's premier that the province will not proceed with a plan to cut statutory holidays for retail workers.
Jun 19, 2020 10:27 AM
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Bonavista shares-for-debt proposal leaves existing shareholders with 7% stake
CALGARY — Oil and gas producer Bonavista Energy Corp. is proposing a deal with lenders that would eliminate about half of its outstanding debt but leave existing shareholders with only seven per cent of the company.
Jun 19, 2020 9:32 AM
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Statistics Canada says retail sales plunged 26.4 per cent in April
OTTAWA — Retail sales fell by more than a quarter in April due to the COVID-19 pandemic, but Statistics Canada said Friday that they regained some of the lost ground in May. The agency said retail sales plunged by a record 26.4 per cent to $34.
Jun 19, 2020 8:26 AM
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