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National Business
National Business
Boeing posts $8.4 billion loss on weaker demand for planes
Boeing closed out its worst year ever financially by losing $8.4 billion in the fourth quarter as the pandemic has undercut demand for planes, and the company announced another costly delay to its new large jetliner designed for long-haul flights.
Jan 27, 2021 1:20 PM
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Cautious optimism rules oilpatch as fourth-quarter reporting season dawns
CALGARY — Canada's oil and gas producers are expected to maintain spending discipline in 2021 as optimism from stronger oil prices is offset by fears of weak demand due to new strains of the COVID-19 pandemic.
Jan 27, 2021 12:58 PM
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Health minister says Alberta won't follow Manitoba's stricter COVID-19 travel rules
EDMONTON — Alberta's health minister says the province is not looking to follow Manitoba and place new COVID-19 restrictions on interprovincial travellers.
Jan 27, 2021 12:32 PM
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Discount carrier Flair Airlines adds 13 Boeing 737 Max planes to fleet
Discount carrier Flair Airlines said Wednesday that it will add 13 new Boeing 737 Max aircraft to its fleet, as the plane returns to service worldwide following a nearly two-year grounding.
Jan 27, 2021 10:41 AM
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GM, Navistar team up to build hydrogen powered heavy trucks
DETROIT — In about three years, Navistar plans to start selling low-emission hydrogen-powered heavy trucks under a partnership with General Motors and a small distribution company called OneH2.
Jan 27, 2021 8:34 AM
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Empire expanding discount grocery banner FreshCo in Western Canada, Ontario
STELLARTON, N.S. — Empire Co. Ltd. is expanding its discount grocery banner FreshCo in Western Canada and Ontario, with plans to convert seven of its Safeway stores starting this fall.
Jan 27, 2021 8:03 AM
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Toronto condo renters, buyers landed negotiating power as Q4 prices dropped: TRREB
TORONTO — If you were on the lookout for a Greater Toronto Area condo or apartment to rent or own late last year, new data from the region’s real estate board shows you might have had an edge in negotiations.
Jan 27, 2021 7:22 AM
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US durable goods orders show modest 0.2% December gain
WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods rose a modest 0.2% in December, held back by a big drop in the volatile aircraft sector. A key category that tracks business investment decisions slowed.
Jan 27, 2021 6:49 AM
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CGI reports Q1 profit climbs to $343.5M from $290.2M a year ago, beats expectations
MONTREAL — CGI Inc. topped expectations as it reported its first-quarter profit rose to $343.5 million compared with $290.2 million a year earlier, helped by improved margins and lower restructuring and integration costs.
Jan 27, 2021 5:39 AM
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'Letterkenny' inks multiple licensing deals with merchandise companies
Canada's breakout hit TV comedy "Letterkenny" is crossing another pop culture milestone with a slate of new merchandising deals.
Jan 27, 2021 1:05 AM
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