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Energy sector shutting down oil production as low crude oil prices persist

Energy sector shutting down oil production as low crude oil prices persist

Calgary-based energy companies are continuing to reduce production, cut spending and trim costs as volatile oil prices remain stubbornly below profitable levels. Enerplus Corp.
Delta's 1st quarterly loss in 5+ years; worse is on the way

Delta's 1st quarterly loss in 5+ years; worse is on the way

Delta Air Lines, the biggest and most profitable U.S. airline, lost $534 million in the first quarter, a setback that will appear trivial when the full force of the pandemic is revealed in the current quarter.
Greater Toronto Area home sales down 69 per cent mid-way through April

Greater Toronto Area home sales down 69 per cent mid-way through April

TORONTO — The Toronto Regional Real Estate Board says home sales were down 69 per cent in the first 17 days of April compared with a year ago as the COVID-19 outbreak put a chill on market activity.
Annual inflation rate cooled in March to 0.9 per cent as pandemic took hold

Annual inflation rate cooled in March to 0.9 per cent as pandemic took hold

OTTAWA — The annual pace of inflation in Canada posted its biggest one-month decline in more than a decade, dropping below one per cent in March as the price of oil collapsed and the economy was first gripped by the COVID-19 pandemic.
Metro revenue continues to rise after COVID-19 buying rush levels off

Metro revenue continues to rise after COVID-19 buying rush levels off

One of Canada's largest grocery store chains has seen sales level off after the arrival of the COVID-19 pandemic sent shoppers flocking to grocery stores, but Metro Inc.
AP source: A-Rod, J-Lo retain JP Morgan in bid for Mets

AP source: A-Rod, J-Lo retain JP Morgan in bid for Mets

NEW YORK — Alex Rodriguez, once again, wants to be like Derek Jeter. A-Rod and Jennifer Lopez, who are engaged, have retained J.P. Morgan to represent them in raising capital for a possible bid for the New York Mets.
Here's a list of March inflation rates for selected Canadian cities

Here's a list of March inflation rates for selected Canadian cities

OTTAWA — Canada's national annual inflation rate was 0.9 per cent in March, Statistics Canada reports.
Here's a list March inflation rates for Canadian provinces, territories

Here's a list March inflation rates for Canadian provinces, territories

OTTAWA — Canada's national annual inflation rate was 0.9 per cent in March, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 0.1 per cent (1.7) — Prince Edward Island: 0.4 (2.
Senate approves $483B virus aid deal, sends it to House

Senate approves $483B virus aid deal, sends it to House

WASHINGTON — A $483 billion coronavirus aid package flew through the Senate on Tuesday after Congress and the White House reached a deal to replenish a small-business payroll fund and provided new money for hospitals and testing.
New Zealand could pull off bold goal of eliminating virus

New Zealand could pull off bold goal of eliminating virus

WELLINGTON, New Zealand — While most countries are working on ways to contain the coronavirus, New Zealand has set itself a much more ambitious goal: eliminating it altogether. And experts believe the country could pull it off.
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