National Business

The Canadian Transportation Agency is backing away from an earlier statement on flight vouchers, saying its initial position on airlines' right to issue travel credits instead of a refund for cancelled trips is "not a binding decision.

CALGARY — The owner of Canada's first diamond mine blames transportation and business disruptions caused by measures to control the COVID-19 pandemic for its decision to seek court protection from creditors.

CALGARY — Western Canada's oil price woes are often illustrated by references to the Western Canadian Select benchmark crude oil price.

ZWICKAU, Germany — German automaker Volkswagen restarted production on Thursday at its plant in Zwickau, where its crucial mass-market electric vehicle is being made ahead of its launch later this year.

SIOUX FALLS, S.D.

Calgary-based Bellatrix Exploration Ltd. says it has struck a deal to exit Companies’ Creditors Arrangement Act court protection after six months through a sale of its assets to Return Energy Inc. Return would pay $87.

VANCOUVER — Forestry firm Canfor Corp. is warning that the impact of the COVID-19 pandemic will "weigh heavily" on its financial performance this year as it reports a net loss of $70 million in the first quarter. The loss on sales of $1.

TORONTO — Live concerts are cancelled in most parts of the country for the foreseeable future, yet Ticketmaster and other Canadian ticket portals have continued to sell access to upcoming events that aren't happening.

OTTAWA — Canadians looking to tighten their belts may want to look to their auto insurance for savings during the pandemic, experts say.

OTTAWA — Canada Post says it is experiencing Christmas-level parcel volumes as Canadians do more of their shopping online due to COVID-19. The postal service says it delivered more than 1.