Skip to content

National Business

China attacks foreign clothing, shoe brands over Xinjiang

China attacks foreign clothing, shoe brands over Xinjiang

BEIJING — Chinese state TV called Thursday for a boycott of H&M as Beijing lashed out at foreign clothing and footwear brands following Western sanctions on Chinese officials accused of human rights abuses in the Xinjiang region.
Read more >
Shipping losses mount from cargo vessel stuck in Suez Canal

Shipping losses mount from cargo vessel stuck in Suez Canal

ISMAILIA, Egypt — Dredgers, tugboats and even a backhoe failed to free a giant cargo ship wedged in Egypt’s Suez Canal on Thursday.
Read more >
Ontario pledges tourism support as sector languishes and summer looms

Ontario pledges tourism support as sector languishes and summer looms

TORONTO — Members of Ontario's tourism industry welcomed the province's tailored aid for the struggling sector as the COVID-19 pandemic threatens a second summer.
Read more >
BRP to invest $300M over five years to create electric versions of its vehicles

BRP to invest $300M over five years to create electric versions of its vehicles

MONTREAL — BRP Inc. announced an ambitious expansion into electric vehicles on Thursday, investing $300 million over five years as the company looks to adapt to market trends and broaden its appeal to a new set of customers.
Read more >
Rural areas hope to get some of $2.8 billion broadband funds in Ontario budget

Rural areas hope to get some of $2.8 billion broadband funds in Ontario budget

TORONTO — The Ontario budget's promise of $2.8 billion for improved broadband internet and cellular service in underserved areas has raised the hopes for many rural cities, towns and counties that are outside the province's major urban areas.
Read more >
COVID-19 expenses push Nova Scotia budget into $585-million deficit

COVID-19 expenses push Nova Scotia budget into $585-million deficit

HALIFAX — Nova Scotia's Liberal government is projecting a $585-million deficit driven by pandemic costs in a budget that critics say is light on investment in areas where the virus took its greatest toll.
Read more >
Empire, industry group propose grocery code to address 'unfair practices' in market

Empire, industry group propose grocery code to address 'unfair practices' in market

Canada's second-largest grocery retailer and an industry group representing food manufacturers agreed on Thursday to a draft grocery code of practice they say takes aim at unfairness in the market. Empire Company Ltd.
Read more >
Court ruling on federal carbon price both clarifying and worrying, say experts

Court ruling on federal carbon price both clarifying and worrying, say experts

CALGARY — The Supreme Court of Canada's ruling that the federal carbon price is constitutional raises questions about Canada's ongoing ability to compete with other energy producers around the world, an oil and gas expert said Thursday.
Read more >
Canadian housing market faces 'moderate' degree of vulnerability: CMHC

Canadian housing market faces 'moderate' degree of vulnerability: CMHC

TORONTO — Significant price increases and overvaluation are causing Toronto, Ottawa, Hamilton, Halifax and Moncton's housing sectors to face "high" levels of vulnerability, while rural areas are heating up the national outlook, says the country's hou
Read more >
Spielberg donates Genesis Prize money to justice nonprofits

Spielberg donates Genesis Prize money to justice nonprofits

NEW YORK — Steven Spielberg said Thursday that he will donate his $1 million Genesis Prize to 10 nonprofits that are working for racial and economic justice.
Read more >