Skip to content

National Business

US economy grew at 2.1% rate in fourth quarter

US economy grew at 2.1% rate in fourth quarter

WASHINGTON — The economy grew by a moderate 2.1% in the fourth quarter of last year, but many economists believe that will be the last positive growth seen for some time as the country endures a sharp contraction due to the coronavirus.

Fortuna's San Jose mine in Mexico resumes operations as blockade ends

VANCOUVER — Fortuna Silver Mines Inc. says its San Jose silver and gold mine in southwestern Mexico is resuming operations today.
The beat goes on: Locked-down Berlin clubs take party online

The beat goes on: Locked-down Berlin clubs take party online

BERLIN — Locked down due to the coronavirus pandemic, the nightclubs in the German capital have decided to keep the beat going — at least online. Berlin's nightclubs were closed March 13 to help slow the spread of the virus.
TV viewership climbing with people stuck at home by virus

TV viewership climbing with people stuck at home by virus

NEW YORK — A fixture on television, actress Julie Bowen of “Modern Family” is doing the same thing as millions of other people during the widespread coronavirus shutdown. She's sitting at home, watching more television than she normally would.
Centerra Gold to suspend open pit mining at Oksut project in Turkey

Centerra Gold to suspend open pit mining at Oksut project in Turkey

TORONTO — Centerra Gold Inc. is suspending open pit mining at its Oksut project in Turkey in an effort to slow the spread of COVID-19. The suspension of work at the project starting March 31 is for an initial period of two weeks.
Nestle Canada giving temporary raises to factory and distribution centre workers

Nestle Canada giving temporary raises to factory and distribution centre workers

TORONTO — Nestle Canada is giving a temporary raise to its employees in its factories and distribution centres across the country as deals with the COVID-19 pandemic.
Stocks have first back-to-back gains since sell-off began

Stocks have first back-to-back gains since sell-off began

BEIJING — Asian stocks were mixed Thursday after Wall Street gained as U.S. lawmakers wrangled over a proposed $2 trillion virus aid package. Market benchmarks in Tokyo and Shanghai declined. Australia and Southeast Asian markets gained.
Ontario introduces $17B COVID-19 package; more than doubles deficit

Ontario introduces $17B COVID-19 package; more than doubles deficit

TORONTO — Ontario introduced a $17-billion package Wednesday to support the province through the COVID-19 outbreak, including an influx of cash for the health sector, direct payments to parents, and tax breaks for businesses.
Grocery deliveries delayed as demand surges amid COVID-19 pandemic

Grocery deliveries delayed as demand surges amid COVID-19 pandemic

Grocers and third-party services are seeing an influx in demand for delivery, resulting in longer-than-normal wait times as health and government authorities urge people to practice social distancing amid the COVID-19 outbreak.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (13,139.28, up 568.15 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up six cents, or 13.64 per cent, to 50 cents on 28.