Category Archives: Economy
Cirque du Soleil creditors oppose recovery strategy proposed by owners
MONTREAL — Cirque du Soleil creditors who are unhappy with its recovery plan will oppose the purchase agreement between the entertainment company and its current shareholders, which they claim is "doomed to fail." A group of 13 institutions, including ...
Quebec government suspends all advertising on Facebook during July
QUEBEC — The Quebec government says it is joining an international boycott of Facebook by refusing to advertise on the social network during the month of July. Premier Francois Legault's office made the announcement today in a news relea...
Advocates say new bill gives an unfair advantage to landlords over tenants
TORONTO — Ontario tenants' rights advocates are voicing concerns over a new bill they say will make it easier for landlords to obtain evictions once the COVID-19 crisis eases. Several advocacy groups say Bill 184, also known as the ...
Canada restricts dealings with Hong Kong over new security law
OTTAWA — Canada is suspending its extradition treaty with Hong Kong as part of a package of responses to the new security law China has imposed on the territory, Prime Minister Justin Trudeau said Friday. Canada will also treat sensitive goods
Fashion retailers confront consumer shifts amid ‘long slow ramp’ to new normal
TORONTO — COVID-19 has slammed Canada’s fashion sector like a hurricane, causing serious damage and likely leaving a few casualties in its wake. The mass closing of malls and offices along with the cancellation of celebrations and big events has been
Politics, pandemics and Russian aluminum: why Canada faces fresh U.S. tariffs
WASHINGTON — Why the United States chose to taint the debut of North America's celebrated new trade deal by threatening fresh tariffs against Canadian aluminum, only President Donald Trump and trade emissary Robert Lighthizer c...
Ethics watchdog to examine Trudeau over WE Charity contract, since reversed
OTTAWA — The federal ethics watchdog is examining whether Prime Minister Justin Trudeau violated the conflict of interest law over how he handled a decision to have WE Charity manage a $900-million federal program to pay students and fresh gr...
Texas governor issues mask order to fight coronavirus
AUSTIN, Texas — Texas Gov. Greg Abbott on Thursday ordered that face coverings must be worn in public across most of the state, a dramatic ramp-up of the Republican's efforts to control spiking numbers of confirmed coronavirus cases and hospitalization...
Trans Mountain timeline: A look at key dates in the project’s history
OTTAWA — The Trans Mountain pipeline expansion cleared another legal hurdle Thursday when the Supreme Court of Canada denied leave to appeal to First Nations that argue they were not properly consulted about the project. The decision appears to end leg...
Supreme Court dismisses Indigenous appeal of Trans Mountain pipeline approval
OTTAWA — Several B.C. First Nations vowed Thursday to keep their fight against the Trans Mountain pipeline expansion going, despite losing what appears to be the last known legal option to overturn federal approval of the project. The Supreme Cour...