National Business

PORTLAND, Maine — Maine's lobster fishermen braced for a difficult summer this year because of the coronavirus pandemic, but then the unexpected happened. They kept catching lobsters, and people kept buying them.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,065.35, up 153.09 points.) Just Energy Group Inc. (TSX:JE). Energy. Down 27.5 cents, or 37.16 per cent, to 46.5 cents on 30.

ST. JOHN'S, N.L. — The Canadian government is giving $320 million to Newfoundland and Labrador's struggling offshore oil and gas industry. Natural Resources Minister Seamus O'Regan made the funding announcement Friday at a news conference in St.

TORONTO — The technology and utilities sectors pushed Canada's main stock index higher to end another choppy week. "It's been very sloppy," said Colin Cieszynski, chief market strategist at SIA Wealth Management.

HALIFAX — Two things are keeping Brenda O'Reilly’s restaurants in Newfoundland and Labrador afloat: Government subsidies and patios. “Patios have been a real godsend,” the owner of four St. John’s restaurants said in an interview Friday.

MONTREAL — Cogeco Communications Inc. says its strategy is unaltered by costly promises made to Quebec from Rogers Communications Inc. in the event it succeeds in acquiring the telecom company.

A group advocating on behalf of municipalities and some First Nations across B.C. wants the province to share its cannabis excise tax revenue. The Union of B.C.

WestJet Airlines Ltd. is warning furloughed workers their pay will be cut by up to 53 per cent starting Sunday due to changes in the extended federal wage subsidy, prompting flight crews to call on Ottawa for action.

Canadian producers are applauding a new temporary federal relief fund to help film and television productions that have been stalled by a lack of COVID-19 insurance.

CALGARY — Shares in Tourmaline Oil Corp. tracked lower Friday as its subsidiary, Topaz Energy Corp., announced it has filed a preliminary prospectus to raise $252.5 million through an initial public offering.