National Business

Canadian Pacific Railway Ltd. has significantly lowered its financial guidance due to the fallout from the COVID-19 pandemic, saying a drop in crude oil and automotive shipments will outweigh gains in grain traffic.

WASHINGTON — Damon West was hoping the government's coronavirus rescue package for small business owners would help replace the income he's lost now that he can't travel the country as a keynote speaker. But then he got a call from his accountant.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (13,940.06, down 448.22 points.) StageZero Life Sciences Ltd. (TSX:SZLS). Health care. Up 5.5 cents, or 68.75 per cent, to 13.

CALGARY — The CEO of one of Canada's largest drilling rig contractors says plunging North American crude prices on Monday and Tuesday are signs that the oil industry is headed for a "deep, deep collapse." On Tuesday, U.S.

TORONTO — Global stock markets fell in a broad-based decline as crude oil prices sank to their lowest level in more than two decades on heightened supply concerns.

TORONTO — General Motors says it has permanently shut down its Maven car sharing service in all markets including Toronto after suspending operations in March due to the COVID-19 outbreak.

The temporary closure of an Alberta meat processing facility due to a COVID-19 outbreak isn't expected to result in beef shortages, but the reduction in capacity will mean that ranchers will bear the brunt as their costs rise and prices for their pro

NEW YORK — Lady Gaga, Michael Jordan and the remote Rolling Stones provided television entertainment over the weekend for millions of Americans homebound because of the coronavirus.

Coca-Cola's global volume tumbled 25% in April as the coronavirus pandemic gripped large swaths of the world population.

MONTREAL — Air Canada says it will cancel all flights to the U.S. after Ottawa extended its border closure with the United States by 30 days.