‘We are far from out of the woods’: Horgan cautions that COVID-19 is still here

‘We are far from out of the woods’: Horgan cautions that COVID-19 is still here
VICTORIA — Guidelines on health and safety for businesses and services in British Columbia to begin reopening will be available next week just as some restrictions are lifted in the province, says the premier. John Horgan said at a news conference Wednesday that WorkSafe BC and public health officials have been working on guidelines following the COVID-19 pandemic for weeks. “But... Read More

Dispute over reopening California Tesla factory may be over

Dispute over reopening California Tesla factory may be over
DETROIT — It appears the dispute between Tesla and San Francisco Bay Area authorities over the reopening of a factory in the face of shutdown orders appears to have ended. The Alameda County Public Health Department announced on Twitter late Tuesday that the Fremont, California, plant will be able to go beyond basic operations this week and start making vehicles... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (14,503.21, down 377.95 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down one cent, or 2.3 per cent, to 42.5 cents on 11.5 million shares. Manulife Financial Corp. (TSX:MFC). Financials. Down 70 cents, or 4.13 per cent, to $16.24 on 9.1 million shares. Canadian Natural Resources Ltd. (TSX:CNQ). Energy.... Read More

FlightHub granted creditor protection amid travel indusry collapse

FlightHub granted creditor protection amid travel indusry collapse
MONTREAL — FlightHub Group Inc. is entering creditor protection after a Quebec Superior Court judge granted its application, filed as the travel industry reels from the impact of the COVID-19 pandemic. The Montreal-based travel firm cites the “catastrophic” consequences of confinement measures and border shutdowns that drove down revenues by more than 90 per cent in less than two months.... Read More

As new clusters emerge, WHO warns virus may be here to stay

As new clusters emerge, WHO warns virus may be here to stay
BRUSSELS — New coronavirus clusters have surfaced around the world as nations struggle to balance reopening economies and preventing a second wave of infections, while a top global health official warned Wednesday that COVID-19 could be around for a long time. Authorities in the Chinese city of Wuhan, where the pandemic first began late last year, reportedly were pressing ahead... Read More

Salons and barbers to take a financial hit as they start to reopen

Salons and barbers to take a financial hit as they start to reopen
Salons and barbershops are starting to reopen in some parts of Canada with more on the way, but the industry says the measures needed to keep everyone safe while getting a haircut will mean a big financial hit. The Allied Beauty Association estimates an average of a 30 per cent loss of revenue as distancing measures limit shop capacity and operators space out appointments... Read More

Uber unveils COVID-19 protocols requiring masks for drivers, passengers

Uber unveils COVID-19 protocols requiring masks for drivers, passengers
SAN FRANCISCO — Uber Technologies Inc. will require drivers, couriers and passengers to wear masks starting next Monday as part of a new set of measures aimed at containing the COVID-19 pandemic in Canada. The San Francisco-based technology giant says drivers won’t be able to pick up customers until they have verified they are wearing a mask via photo-recognition software built into the Uber app.... Read More

Norway’s wealth fund excludes oilsands investments over greenhouse gas emissions

Norway’s wealth fund excludes oilsands investments over greenhouse gas emissions
OSLO, Germany — One of the world’s largest investment funds says it will exclude four Canadian oilsands producers after concluding they produce unacceptable levels of greenhouse gas emissions. The decision was announced by Norges Bank Investment Management, which manages Norway’s sovereign wealth fund. Canadian Natural Resources Ltd., Cenovus Energy Inc, Suncor Energy Inc, and Imperial Oil Ltd. were among companies... Read More

Losses in the financial sector weigh on S&P/TSX composite, U.S. markets fall

Losses in the financial sector weigh on S&P/TSX composite, U.S. markets fall
TORONTO — Losses in the financial sector weighed on Canada’s main stock index, which posted a triple-digit decline in early trading. The S&P/TSX composite index was down 121.91 points at 14,759.25. In New York, the Dow Jones industrial average was down 222.36 points at 23,542.42. The S&P 500 index was down 21.45 points at 2,848.67, while the Nasdaq composite was... Read More

StatCan suspends pre-release of jobs data to key government officials after leak

StatCan suspends pre-release of jobs data to key government officials after leak
OTTAWA — Statistics Canada is suspending the pre-release of its jobs report to a select group of government officials after a leak of the numbers last week. The agency had provided an early look at the information under strict conditions and through secure channels. But, Statistics Canada, which is conducting an internal investigation into the leak, now says there will... Read More