Tag Archives: business

OTTAWA - Mid-sized Canadian businesses that are strapped for cash because of COVID-19 can now apply through their own banks to get loans of up to $60 million from the federal government. The loans, to...

OTTAWA - The prices Canadians have reported paying for goods and services have been rising more than the official inflation rate, a senior Bank of Canada official says. Deputy governor Lawrence S...

Cream of Wheat and Mrs. Butterworth are the latest brands reckoning with racially charged logos. The soul-searching comes in the wake of PepsiCo's announcement Wednesday that it's renaming its Aunt Je...

FRANKFURT - The European Central Bank has handed out 1.31 trillion euros ($1.46 trillion) in long-term, ultra-cheap credit to hundreds of banks as part of its emergency support aimed at cushioning the...

OTTAWA - The federal deficit could be on track to hit $256 billion this fiscal year due to the COVID-19 pandemic, Parliament's budget watchdog says in a new estimate that doesn't account for ...

BERLIN - The Group of Seven leading economies is calling on China to reconsider plans to impose a national security law in Hong Kong, according to a joint statement issued Wednesday. The national secu...

LONDON - Some of London's biggest West End shows, including "Hamilton" and "The Phantom of the Opera," won't reopen until next year, producers announced Wednesday, as arts bodies warned that Britain f...

NEW YORK - Quaker Oats is retiring the 131-year-old Aunt Jemima brand, saying the company recognizes the character's origins are "based on a racial stereotype." Just hours later, the owner of the Uncl...

OTTAWA - The Canadian Association of Petroleum Producers says if bridge loans for smaller oil and gas companies aren't ready to flow soon some companies will have to turn to less-safe options to survi...

OTTAWA - As the country enters its 13th week since the COVID-19 pandemic clamped down hard on the Canadian economy, Prime Minister Justin Trudeau concedes it's time the country gets a better...