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National Business
Canadian Natural to boost oil and gas output by five per cent on higher $3.2B budget
CALGARY — The end of Alberta's oil production curtailment program and purchase of natural gas producer Painted Pony Energy Ltd. earlier this year will help Canadian Natural Resources Ltd.
Dec 9, 2020 3:33 PM
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Dollarama hikes dividend, offers employee bonus but no wage increase planned
MONTREAL — Dollarama Inc. said it will pay a bonus to employees for their work during the pandemic as it raised its dividend and reported a higher third-quarter profit.
Dec 9, 2020 2:16 PM
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UK probes whether COVID-19 vaccine caused allergic reactions
LONDON — Britain's medical regulator warned Wednesday that people with a history of serious allergic reactions shouldn’t get the COVID-19 vaccine from Pfizer and BioNTech, and investigators looked into whether two reactions on the first day of the U.
Dec 9, 2020 2:12 PM
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Canopy Growth to close five facilities across Canada, lay off 220 workers
TORONTO — Canopy Growth Corp. will cease operations at five facilities across the country and lay off more than 200 workers — the latest in a series of dramatic cuts the cannabis company and several others have made this year. Smiths Falls, Ont.
Dec 9, 2020 1:58 PM
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Whitecap strikes deal to add TORC Oil & Gas to grow production to 100,000 boe/d
Calgary-based Whitecap Resources Inc. is cementing its position as a consolidator of conventional oil and gas producers in Western Canada with a friendly $550-million all-stock deal to buy rival TORC Oil & Gas Ltd.
Dec 9, 2020 1:52 PM
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Boeing 737 Max back in air 2 years after grounded by crashes
RIO DE JANEIRO — Commercial flights with Boeing 737 Max jetliners resumed Wednesday for the first time since they were grounded worldwide following two deadly accidents nearly two years ago.
Dec 9, 2020 10:33 AM
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US Oct. job openings blip up to 6.7 million but hiring slows
WASHINGTON — U.S. employers advertised slightly more job openings in October, but hiring slipped as a resurgence of COVID-19 threatens the economic recovery. And the number of Americans fired or laid off rose for the first time since June.
Dec 9, 2020 9:40 AM
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Hydro-Quebec launches new subsidiary specialized in energy storage business
MONTREAL — Hydro-Quebec has launched a new energy storage business aimed at power producers, transmission providers and distributors, as well as commercial and industrial markets. The utility says EVLO Energy Storage Inc.
Dec 9, 2020 7:38 AM
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Clothing retailer Roots reports third-quarter profit up from year ago, sales down
TORONTO — Clothing retailer Roots reported its third-quarter profit rose compared with a year ago as the company cut costs. Roots says it earned $10.3 million or 24 cents per diluted share for the quarter ended Oct.
Dec 9, 2020 7:37 AM
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Explosion damages Polish store near Amsterdam, 3rd in 2 days
THE HAGUE, Netherlands — An explosion damaged a Polish supermarket in a Dutch town near Amsterdam early Wednesday morning, the third such blast in two days.
Dec 9, 2020 3:13 AM
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