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S&P/TSX composite again creeps higher as investors digest solid November gains
TORONTO — Canada's main index crept higher again Thursday on a broad-based rally as investors continued to digest November's solid gains. The S&P/TSX composite index closed up 39.81 points to 17,398.02. It reached an intraday high of 17,452.
Dec 3, 2020 3:31 PM
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MPs probe officials on ability to collect GST from Netflix, other foreign companies
OTTAWA — Opposition MPs pressed officials Thursday to say how ready they'll be to begin collecting GST on cross-border sales by foreign companies starting next year, as proposed by the Liberal government's fiscal update.
Dec 3, 2020 3:22 PM
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Husky Energy to get $41.5 million in federal cash for stalled N.L. offshore project
ST. JOHN'S, N.L. — Husky Energy will receive $41.5 million in federal money to maintain jobs and move toward restarting its West White Rose offshore oil project in Newfoundland and Labrador, although officials admit a restart is not certain.
Dec 3, 2020 3:01 PM
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Celebrities, Santa and Zoom part of office holiday parties being held amid COVID-19
TORONTO — When the December holiday season rolls around, Rogers Communication Inc. staff usually work as efficiently as elves to transform the Rogers Centre into a carnival.
Dec 3, 2020 2:25 PM
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3M cutting another 2,900 global jobs in second restructuring within a year
LONDON, Ont. — The maker of Post-it notes and industrial coatings says an additional 2,900 jobs will be cut around the world following another restructuring, this time spurred on by the COVID-19 pandemic.
Dec 3, 2020 2:12 PM
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TD CEO pushes 'cautious optimism' after bank reported $5.14B profit in Q4
TORONTO — TD Bank Group's chief executive is ending 2020 without budging from a message he's been pushing almost every quarter this year: "cautious optimism.
Dec 3, 2020 1:59 PM
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WSP Global shares surge with deal to buy Ontario's Golder Associates for $1.5 billion
MONTREAL — WSP Global Inc. has secured a transformation deal to take advantage of the world's green transition after agreeing to buy Ontario's employee-owned Golder Associates for about $1.5 billion.
Dec 3, 2020 1:48 PM
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Toronto buy now, pay later company PayBright to be bought by U.S.'s Affirm for $340M
TORONTO — One of Canada's top buy now, pay later finance companies is being purchased by an American rival. San Francisco-based Affirm says it has a reached a deal to buy Toronto's PayBright for $340 million.
Dec 3, 2020 1:44 PM
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OPEC, Russia to nudge up oil output after hit from pandemic
FRANKFURT — OPEC and allied countries including Russia agreed Thursday to increase oil production by 500,000 barrels a day from January and said they would meet monthly to decide further output levels, gingerly adding more crude to a global economy s
Dec 3, 2020 1:38 PM
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In seismic shift, Warner Bros. to stream all 2021 films
NEW YORK — In the most seismic shift by a Hollywood studio yet during the pandemic, Warner Bros. Pictures on Thursday announced that all of its 2021 film slate — including a new “Matrix” movie, “Godzilla vs.
Dec 3, 2020 1:12 PM
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