Skip to content

National Business

North American stock markets post rebound on health care news, technology deals

North American stock markets post rebound on health care news, technology deals

TORONTO — Promising news in health care and some big technology deals helped fuel a broad-based rebound on stock markets in Canada and the U.S on Monday after last week's sharp downturn.
Manitoba job program will be extended another two months: Pallister

Manitoba job program will be extended another two months: Pallister

WINNIPEG — The Manitoba government is once again expanding a wage-subsidy program designed to help create jobs during the COVID-19 pandemic.

Security company GardaWorld reveals takeover play for rival; G4S stock up 25%

LONDON — GardaWorld, the world’s largest privately owned security company, said Monday it was making an cash offer worth C$5.2 billion for G4S, a London-based rival that has rejected or ignored the Canadian company's previous approaches.
Calfrac delays vote on recapitalization plan to Sept. 29 after Wilks Brothers offer

Calfrac delays vote on recapitalization plan to Sept. 29 after Wilks Brothers offer

CALGARY — Calfrac Well Services Ltd. is postponing a vote on its recapitalization plan following an unsolicited takeover offer for the company by Texas-based Wilks Brothers LLC last week.
'Everything comfy': Fashion brands drop heels, officewear to COVID-proof collections

'Everything comfy': Fashion brands drop heels, officewear to COVID-proof collections

TORONTO — When Myriam Maguire sits down to design footwear for her fashion boutiques in Montreal and Toronto, glamour and special occasions are often on her mind.
Amazon to hire 100,000 to keep up with online shopping surge

Amazon to hire 100,000 to keep up with online shopping surge

NEW YORK — Amazon will hire another 100,000 people to keep up with a surge of online orders. The company said Monday that the new hires will help pack, ship or sort orders, working in part-time and full-time roles.

Osisko Gold reports Stornoway's Renard diamond mine to restart this month

MONTREAL — The Renard diamond mine in northern Quebec is to reopen this month after being shut down in March as part of the province's mining lockdowns in response to the COVID-19 pandemic. Minority shareholder Osisko Gold Royalties Ltd.
Great Canadian Gaming to reopen two N.S. casinos on Oct. 4 but at reduced capacity

Great Canadian Gaming to reopen two N.S. casinos on Oct. 4 but at reduced capacity

TORONTO — Great Canadian Gaming Corp. says its properties in Halifax and Sydney, N.S., will reopen on Oct. 5 following a six-month closure due public health efforts to contain the COVID-19 pandemic.

IGM Financial chief executive Jeff Carney stepping down for health reasons

WINNIPEG — Jeff Carney is retiring as president and chief executive of IGM Financial and IG Wealth Management due to health reasons. Carney says that he has been diagnosed with the early stages of Alzheimer’s disease.
Perfume brand says cutting Black actor from ad was misstep

Perfume brand says cutting Black actor from ad was misstep

NEW YORK — British perfume brand Jo Malone has apologized to Black actor John Boyega of “Star Wars” fame after cutting him out of the Chinese version of a cologne commercial he helped create.