Skip to content

National Business

Enerplus restarting North Dakota production despite threat to pipeline

Enerplus restarting North Dakota production despite threat to pipeline

CALGARY — Enerplus Corp. says it has restored North Dakota crude oil production halted during the pandemic-linked oil price crash in May despite a court ruling last month that the Dakota Access Pipeline must be shut down.
Ford urges Ontarians to buy local in retaliation for U.S. aluminum tariffs

Ford urges Ontarians to buy local in retaliation for U.S. aluminum tariffs

TORONTO — Ontario's premier dove into the simmering trade battle between Canada and the United States on Friday, slamming the American president for disloyalty while urging the province's residents to join the fight by supporting local industry.
Parkland posts lower Q2 net income of $32 million as fuel sales fall by 14%

Parkland posts lower Q2 net income of $32 million as fuel sales fall by 14%

CALGARY — Service station operator Parkland Corp. is reporting higher-than-expected second quarter earnings despite pandemic-related hits to its sales volumes.
Magna takes big hit in second quarter from COVID-19 auto production shutdowns

Magna takes big hit in second quarter from COVID-19 auto production shutdowns

AURORA, Ont. — A "precipitous decline" in global auto manufacturing during the COVID-19 pandemic led Magna International Inc. to report its first operating loss since 2009 on Friday.
Pandemic hampered Q2 earnings, caused net income to fall: Sun Life CEO

Pandemic hampered Q2 earnings, caused net income to fall: Sun Life CEO

TORONTO — Sun Life Financial Inc. says the COVID-19 pandemic is to blame for troubles in its latest quarter.
Second Cup to close more stores and pilot gas station drive-thrus

Second Cup to close more stores and pilot gas station drive-thrus

MISSISSAUGA, Ont. — The Second Cup Ltd. plans to close more stores, sell more of its product in grocery stores and open gas station drive-thrus as it looks to recover from the deep hit absorbed during the COVID-19 pandemic. The Mississauga, Ont.
Interfor earns $3.2 million in second quarter on lower revenues

Interfor earns $3.2 million in second quarter on lower revenues

VANCOUVER — Interfor Corp. says it earned $3.2 million in profits in its latest quarter despite lower revenues.
China sentences fourth Canadian to death on drug charges

China sentences fourth Canadian to death on drug charges

BEIJING — China has sentenced a fourth Canadian citizen to death on drug charges in less than two years following a sharp downturn in ties over the arrest of an executive of Chinese tech giant Huawei.
Trump bans dealings with Chinese owners of TikTok, WeChat

Trump bans dealings with Chinese owners of TikTok, WeChat

NEW YORK — President Donald Trump has ordered a sweeping but vague ban on dealings with the Chinese owners of popular social media apps TikTok and WeChat on security grounds, a move China's government criticized as “political manipulation.
Western Forest Products earns $8.5M in second quarter despite sales dip

Western Forest Products earns $8.5M in second quarter despite sales dip

VANCOUVER — Western Forest Products Inc. beat expectations as the company earned $8.5 million in its latest quarter on a 17-per-cent drop in revenues over uncertainty related to COVID-19.
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks