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National Business
National Business
Laliberte abandons legal challenge of tax bill for 2009 space flight
MONTREAL — The billionaire founder of the Cirque du Soleil is ending efforts to recover millions of dollars paid to Canadian tax authorities relating to his 2009 stay on board the International Space Station.
Jun 1, 2020 11:43 AM
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April construction spending falls 2.9% as virus upends work
WASHINGTON — U.S. construction spending fell 2.9% in April, the largest drop in 18 months, with broad declines across all building activity as shutdowns hobbled projects and workers were told to stay home.
Jun 1, 2020 11:19 AM
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Survey: US factories sink in May for third straight month
WASHINGTON — American factories slowed for the third consecutive month in May as they continued to sustain economic damage from the coronavirus pandemic.
Jun 1, 2020 10:41 AM
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Trans Mountain reaches 'key milestone' as pipeline construction begins in B.C.
KAMLOOPS, B.C. — Trans Mountain says it has reached another "key milestone" in the project to triple capacity of a pipeline moving oil from the Edmonton area to port in Burnaby, B.C.
Jun 1, 2020 10:40 AM
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Judge tosses ex-basketball players' 'Fortnite' dance lawsuit
SILVER SPRING, Md. — A federal judge has dismissed a lawsuit in which two former University of Maryland men’s basketball players accused makers of the “Fortnite” video game of misappropriating a dance move that the ex-teammates popularized. U.S.
Jun 1, 2020 10:23 AM
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Lundin Gold restarting Fruta del Norte after suspending operations in March
VANCOUVER — Lundin Gold Inc. says it is moving to restart operations at its Fruta del Norte project in Ecuador after suspending operations on March 22 due to the pandemic. The company says it has started moving supplies to the mine.
Jun 1, 2020 8:13 AM
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Investment Canada review of Cineplex takeover by Cineworld extended to June 15
TORONTO — Cineplex Inc. says the Investment Canada Act review of its deal to be acquired by Cineworld Group has been extended to June 15. The review period had been set to end today. The deadline to complete the $2.
Jun 1, 2020 7:44 AM
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Sweats are in, slacks are out: Could 'work-leisure' become business as usual?
Every morning when Ariella Baron searched her closet for something to wear to work, she would mentally scroll through her schedule to calibrate her outfit to the tasks the day had in store for her.
May 31, 2020 9:00 AM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Rate announcement The Bank of Canada is scheduled to make its latest interest rate announcement on Wednesday.
May 31, 2020 9:00 AM
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Pandemic-related restaurant closures take an emotional and financial toll
Michael Raviele agonized for hours over how to break the news to his loyal customers before finally announcing at 4:30 a.m. on May 15 that he was closing Il Gatto Nero, the Italian restaurant his father first opened some six decades prior.
May 31, 2020 9:00 AM
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