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National Business
National Business
Canadian economy lost 63,000 jobs in Dec., first decline since April
OTTAWA — Canada posted its first monthly decline in jobs since April amid tightened public health restrictions in December, and economists warn the losses are likely to continue as the number of new COVID-19 cases continue to rise.
Jan 8, 2021 11:37 AM
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UK investigates Google's plan to revamp Chrome browser
LONDON — Britain's competition watchdog said Friday it launched an investigation into Google's plan to overhaul its ad data system over worries it could leave even less room for rivals in the online ad industry.
Jan 8, 2021 11:22 AM
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New campaign, and logo, for GM in a bid to electrify image
DETROIT — General Motors is changing its corporate logo and launching an electric vehicle marketing campaign to reshape its image as clean vehicle company, rather than a builder of gas-powered pickups and SUVs.
Jan 8, 2021 11:21 AM
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Laurentian Bank names Yvan Deschamps new chief financial officer
MONTREAL — Laurentian Bank says chief financial officer Francois Laurin is retiring and will be replaced by Yvan Deschamps in April.
Jan 8, 2021 9:57 AM
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Domtar exits diaper business after nearly a decade with sale for US$920 million
Domtar Corp. is selling its diaper and adult incontinence business for US$920 million, nearly a decade after adding the new line of products to offset declining paper sales.
Jan 8, 2021 9:42 AM
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WestJet puts 1,000 workers on leave, citing government's 'Incoherent' policy
The CEO of WestJet Airlines Ltd. is laying the blame squarely on "incoherent" policy from Ottawa as his carrier cuts staff and flights in response to new COVID-19 testing requirements for passengers returning to Canada.
Jan 8, 2021 8:15 AM
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Here's a quick glance at unemployment rates for December, by Canadian city
OTTAWA — The national unemployment rate was 8.6 per cent in December. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
Jan 8, 2021 5:50 AM
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Here's a quick glance at unemployment rates for December, by province
OTTAWA — Canada's national unemployment rate was 8.6 per cent in December. Here are the jobless rates last month by province (numbers from the previous month in brackets): - Newfoundland and Labrador 12.3 per cent (12.2) - Prince Edward Island 10.
Jan 8, 2021 5:49 AM
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National employment numbers for December from Statistics Canada, at a glance
OTTAWA — A quick look at Canada's December employment (numbers from the previous month in brackets): Unemployment rate: 8.6 per cent (8.5) Employment rate: 59.3 per cent (59.5) Participation rate: 64.9 per cent (65.
Jan 8, 2021 5:49 AM
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Head of Chinese bank behind foreign building spree jailed
BEIJING — The former chairman of the main Chinese state bank behind Beijing's initiative to build railways and ports across dozens of Asian countries has been sentenced to life in prison on corruption charges, a court announced.
Jan 7, 2021 9:19 PM
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