Category Archives: Business

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...

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

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...

The Latest: South Korea has 63 newly confirmed virus cases

SEOUL, South Korea -- South Korea has reported 63 newly confirmed cases of COVID-19 as health authorities scramble to mobilize public health tools to the southwestern city of Gwangju, where more than 50 people were found sickened over the past

July added to COVID-19 commercial rent-relief program

OTTAWA — Federal and provincial governments have agreed to extend a commercial rent-relief program to help cover July costs for eligible small businesses. The move comes with a few changes to the subsidy, as the COVID-19-related aid faces questions abo...

Canada’s five big banks join anti-hate advertising boycott of Facebook

TORONTO — All five of Canada's biggest banks are joining an international boycott of Facebook over concerns that the platform is complicit in promoting racism, violence and misinformation. Scotiabank, RBC, CIBC, BMO and TD have pledged to stop purchasi...

The Latest: South Korea worries as virus resurgence spreads

SEOUL, South Korea — South Korea says it has confirmed 54 more COVID-19 cases as the coronavirus continues to spread beyond the capital region and reach cities like Gwangju, which has shut schools and tightened social restrictions after dozens fell