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National Business
Magna says some plants in China still offline, parts supplies a concern
AURORA, Ont. — Magna International Inc. says its operations in China are still running under capacity because of the novel coronavirus outbreak, but that it's too early to say what the long-term impacts might be. The Aurora, Ont.
Feb 21, 2020 10:36 AM
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RBC monitors coronavirus and rail blockades as it reports Q1 profit
TORONTO — Royal Bank of Canada is monitoring the recent, novel coronavirus outbreak and rail blockades across the country, but says it's too early to see the full impact of either yet.
Feb 21, 2020 10:05 AM
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China suspends more penalties on US goods after trade truce
BEIJING — China on Friday suspended more punitive tariffs on imports of U.S. industrial goods in response to a truce in its trade war with Washington that threatened global economic growth.
Feb 21, 2020 9:26 AM
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Enerplus reports $429.1M Q4 loss due to non-cash goodwill impairment charge
CALGARY — Enerplus Corp. reported a loss of $429.1 million in its latest quarter as it took a non-cash goodwill impairment charge related to its Canadian business. The company says the loss amounted to $1.
Feb 21, 2020 8:24 AM
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Home Capital Group reports $37.2M Q4 profit, up from $35.8M a year ago
TORONTO — Home Capital Group Inc. reported a fourth-quarter profit of $37.2 million, up from $35.8 million in the same quarter a year earlier. The alternative mortgage lender says the profit amounted to 65 cents per share for the quarter ended Dec.
Feb 21, 2020 7:34 AM
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Struggling Victoria's Secret sold as women demand comfort
NEW YORK — Victoria's Secret, which once defined sexy with its leggy supermodels in their lacy bras and oversized angel wings, has a new owner.
Feb 20, 2020 6:51 PM
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1 trillion euros: EU leaders get into big fight over budget
BRUSSELS — European leaders argued into the early hours of Friday about how to spend and share some 1 trillion euros ($1.1 trillion) over the next seven years.
Feb 20, 2020 6:48 PM
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TekSavvy files Competition Bureau complaint seeking investigation of Bell, Rogers
CHATHAM, Ont. — TekSavvy Solutions Inc. says it has filed a complaint with the Competition Bureau seeking an investigation into how Bell Canada and Rogers Communications charge independent internet service providers.
Feb 20, 2020 6:31 PM
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Higher oilsands volumes drive beat as Inter Pipeline reports $100M Q4 income
CALGARY — Inter Pipeline Ltd. is crediting strong results from its oilsands transport system, as well as high utilization of its bulk petroleum storage assets, for fourth-quarter financial results that beat analyst expectations.
Feb 20, 2020 5:58 PM
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Telus CEO says $1 billion of spending, 5,000 jobs at risk if CRTC pushes MVNOs
GATINEAU, Que. — Telus Corp.
Feb 20, 2020 5:56 PM
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