National Business

VICTORIA — The COVID-19 pandemic has had an immediate impact on British Columbia's economy, resulting in 132,000 lost jobs last month and pushing the unemployment rate over seven per cent, Finance Minister Carole James said Thursday.

VANCOUVER — Forestry company Canfor Corp. is making additional production cuts due to the impact of COVID-19 on the price of lumber and demand.

THUNDER BAY, Ont. — Premier Gold Mines Ltd. says an offer made in March to buy Centerra Gold Inc.'s 50-per-cent stake in the Greenstone Gold Mines Partnership for US$205 million has not been accepted.

WestJet Airlines Ltd. says it will bring back nearly 6,400 laid-off employees to the payroll using Ottawa's emergency wage subsidy program as the COVID-19 pandemic continues to crater the airline sector.

Just as the coronavirus outbreak has boxed in society, it’s also squeezed high-flying tech companies reliant on people’s freedom to move around and get together.

OTTAWA — As part of the steps taken to help deal with the COVID-19 pandemic, Ottawa has pushed back the deadline for Canadians filing their income tax returns, but financial experts say that's no reason to delay filing your return this year.

OTTAWA — Canada's national unemployment rate was 7.8 per cent in March. Here are the jobless rates last month by province (numbers from the previous month in brackets): — Newfoundland and Labrador 11.7 per cent (12.0) — Prince Edward Island 8.6 (8.

OTTAWA — A quick look at March employment (numbers from the previous month in brackets): Unemployment rate: 7.8 per cent (5.6) Employment rate: 58.5 per cent (61.8) Participation rate: 63.5 per cent (65.

OTTAWA — The national unemployment rate was 7.8 per cent in March. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.

TORONTO — Canada Goose Holdings Inc. is moving to increase its domestic production of personal protective equipment for health-care workers across Canada.