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Households expect return to pre-pandemic spending within a year, Bank of Canada says
OTTAWA — Canadian household spending will eclipse earnings in the coming months as vaccinations increase and uncertainty from the pandemic recedes, the Bank of Canada said in a report released Monday.
Apr 12, 2021 12:07 PM
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OSC study finds COVID-19 pandemic impacts retail investors unevenly
TORONTO — The COVID-19 pandemic is affecting retail investors differently, with most trying to endure the hardship and uncertainty, according to a study by Ontario's securities regulator.
Apr 12, 2021 12:00 PM
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Drivers wanted: Record demand at Uber as vaccinations rise
Uber is offering sign-up bonuses and other incentives for drivers as it faces record demand for rides and meal delivery.
Apr 12, 2021 11:51 AM
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Canadian court rejects appeal by Google Canada in long-running patent case
OTTAWA — The Federal Court of Appeal has dismissed an appeal brought by Google Canada, saying its request would only delay a trial about a patent case filed against the search engine company.
Apr 12, 2021 11:50 AM
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Tamarack Valley strikes deal to buy private Anegada Oil for $494 million
CALGARY — In another sign of ongoing Canadian oilpatch consolidation, Tamarack Valley Energy Ltd. says it has agreed to buy private Anegada Oil Corp. for a net $494 million.
Apr 12, 2021 11:18 AM
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BMO sells EMEA asset management business to Ameriprise Financial for $1.09B
TORONTO — BMO Financial Group has signed a deal to sell its asset management business in Europe, the Middle East and Africa (EMEA) to Ameriprise Financial Inc. for $1.09 billion.
Apr 12, 2021 10:30 AM
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Merkel's bloc spars over who will run for German chancellor
BERLIN — The head of Chancellor Angela Merkel's party, Armin Laschet, on Monday rallied his party's leadership behind his bid to become the centre -right candidate to be Germany's next leader.
Apr 12, 2021 9:47 AM
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Venice architecture Biennale opens a year later on May 22
MILAN — A year after being postponed by the COVID-19 pandemic, the Venice Biennale for architecture will open on May 22 for a six-month run under strict virus protocols, officials said Monday.
Apr 12, 2021 9:44 AM
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Cannabis company Aphria reports Q3 loss, says COVID-19 lockdowns have caused pressure
Lockdowns enacted by Canadian provinces to quell the spread of COVID-19 hampered Aphria Inc.'s third quarter. The Leamington, Ont.
Apr 12, 2021 9:06 AM
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Porter Airlines pushes back flight restart date to June 21
TORONTO — Porter Airlines is once more pushing back its tentative date for resuming flights. The airline, which has delayed its restart date several times during the pandemic, now plans to resume flying on June 21.
Apr 12, 2021 8:58 AM
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