Skip to content

National Business

A perfect fit? Customers need to navigate new norms in clothing stores

A perfect fit? Customers need to navigate new norms in clothing stores

Shopping for clothes used to be a relatively simple process three months ago: walk into a store, try on a number of items, buy what you want, leave the rest.
Read more >
Annual inflation rate turned negative in April, Statistics Canada reports

Annual inflation rate turned negative in April, Statistics Canada reports

OTTAWA — Canada's inflation rate turned negative in April as the economy came to a standstill in the first full month of the pandemic as part of a spending shift that a top central banker says may signal further changes in consumption patterns post-C
Read more >
TC Energy joins pumped hydro power storage project at retired coal mine site

TC Energy joins pumped hydro power storage project at retired coal mine site

CALGARY — Developers of a stored hydroelectric power project to be built next to a retired open pit coal mine east of Jasper National Park have enlisted TC Energy Corp. as a partner. Kipp Horton, CEO of Calgary-based WindRiver Power Corp.
Read more >
Lowe's Canada retail network hurt by COVID-19 pandemic during first quarter

Lowe's Canada retail network hurt by COVID-19 pandemic during first quarter

MONTREAL — Lowe's Canadian operations, which include the Rona and Reno-Dept banners, continued to underperform those of the American network during the first quarter, as the effects of the COVID-19 pandemic were felt.
Read more >
Big box rules: Target's online push readied it for pandemic

Big box rules: Target's online push readied it for pandemic

NEW YORK — Online sales at Target more than doubled as the pandemic put millions in lockdown during the first quarter, revealing further the critical role big box stores played in getting supplies to an immobilized population.
Read more >
Royal Caribbean loses $1.4 billion in first quarter

Royal Caribbean loses $1.4 billion in first quarter

NEW YORK — Royal Caribbean lost $1.4 billion in the first quarter after the coronavirus forced its entire fleet to port. Wall Street, however, overlooked the massive loss Wednesday, focusing instead on bookings for next year.
Read more >
Summer Cruisin': Car culture gets a new lease as cultural events turn to 'pod' life

Summer Cruisin': Car culture gets a new lease as cultural events turn to 'pod' life

TORONTO — Hollywood flicks were always the main attraction at Bob Boyle's drive-in theatre on the outskirts of Brackley, P.E.I., but shortly after the COVID-19 pandemic shut everything down, a nearby high school made an unusual request.
Read more >
Celestica contracted by Starfish Medical to make ventilators for Health Canada

Celestica contracted by Starfish Medical to make ventilators for Health Canada

TORONTO — Celestica Inc. has been contracted to build 7,500 ventilators in Newmarket, Ont., for a Canadian medical device company working on the fight against the COVID-19 pandemic. Financial terms of its contract with StarFish Medical Inc.
Read more >
Here's a list of April inflation rates for selected Canadian cities

Here's a list of April inflation rates for selected Canadian cities

OTTAWA — Canada's national annual inflation rate was -0.2 per cent in April, Statistics Canada says.
Read more >
Here's a list April inflation rates for Canadian provinces, territories

Here's a list April inflation rates for Canadian provinces, territories

OTTAWA — Canada's national annual inflation rate was -0.2 per cent in April, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: -1.5 per cent (0.1) — Prince Edward Island: -1.3 (0.
Read more >