Skip to content

National Business

Why empty shelves don't mean we're out of food: How Canada's supply chain works

Shoppers are facing empty shelves at some stores due to unprecedented demand for food and other goods even as grocers assure Canadians coping with the COVID-19 outbreak that plenty of new items are on the way and manufacturers say they have the raw m
Asian stocks mixed as economic toll of virus worsens

Asian stocks mixed as economic toll of virus worsens

BEIJING — Asian stocks were meandering Thursday after a White House warning that as many as 240,000 Americans might die of the coronavirus sent Wall Street tumbling and signs of the outbreak's global economic cost increased.

DesRosiers says auto sales plunged 48% in March from last year due to outbreak

TORONTO — DesRosiers Automotive Consultants Inc. says auto sales plunged 48 per cent in March from last year because of the Covid-19 pandemic.

Shopify suspends outlook for 2020 even though Q1 to meet or exceed expectations

OTTAWA — Shopify Inc. says it is suspending its financial outlook for the year because of the uncertainty stemming from COVID-19.
Sophie Brochu appointed first woman chief executive of Hydro-Quebec

Sophie Brochu appointed first woman chief executive of Hydro-Quebec

MONTREAL — The former head of Energir will be the first woman to become chief executive of Hydro-Quebec. Sophie Brochu takes over for Eric Martel on Monday, the same day he becomes chief executive of Bombardier Inc., replacing Alain Bellemare.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (12,861.93, down 516.82 points.) TC Energy Corp. (TSX:TRP). Down $4.69, or 7.5 per cent, to $57.86 on 15.1 million shares.
North American stock markets follow weak first quarter with poor April start

North American stock markets follow weak first quarter with poor April start

TORONTO — North American stock markets followed the worst first quarter since the 2008 financial crisis with an April 1st that was no joke. Markets each sustained triple-digit losses following U.S.
Dollarama suspends guidance due to COVID-19 pandemic, reports Q4 profit up

Dollarama suspends guidance due to COVID-19 pandemic, reports Q4 profit up

Dollarama Inc. declined to provide its annual financial guidance for its 2021 financial year due to COVID-19 pandemic, but said it expects to see some negative impacts.
Cineplex to keep its theatres doors closed for the foreseeable future

Cineplex to keep its theatres doors closed for the foreseeable future

TORONTO — Canada's largest movie exhibitor will keep its doors closed nationwide into the foreseeable future amid the COVID-19 pandemic.
Finances hurting? Watch 'Let's Make a Deal'

Finances hurting? Watch 'Let's Make a Deal'

NEW YORK — Instead of watching their own finances crater, shut-in television viewers tuned in to the game show “Let's Make a Deal” in record numbers last week.