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Yukon budget projects 'record-breaking' capital spending, GDP growth

Yukon budget projects 'record-breaking' capital spending, GDP growth

WHITEHORSE — Yukon's government says it's planning record capital spending in the 2021-22 fiscal year as it forecasts strong economic growth. In its budget tabled Thursday, the territorial government says it plans to spend $434.
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B.C. eases requirements, extends deadline for small business recovery grants

B.C. eases requirements, extends deadline for small business recovery grants

VICTORIA — The B.C. government has eased the eligibility requirements and extended the deadline for small and medium-sized businesses applying for funds under its $345-million pandemic recovery grant program.
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Parkland blames pandemic as Q4 profits and revenue slide on lower fuel sales

Parkland blames pandemic as Q4 profits and revenue slide on lower fuel sales

CALGARY — Parkland Corp. is reporting lower fourth-quarter earnings and revenue as effects of the COVID-19 pandemic lockdowns continue to erode fuel sales.
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Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (18,125.72, down 194.95 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up five cents, or 8.33 per cent, to 65 cents on 20.
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North American stock markets plunge as Fed chairman attempts to reassure investors

North American stock markets plunge as Fed chairman attempts to reassure investors

TORONTO — North American stock markets dropped Thursday despite efforts by the chairman of the Federal Reserve to reassure investors that interest rates aren't about to increase. The S&P/TSX composite index closed down 194.95 points at 18,125.
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Nova Scotia company that retooled factory to make medical gowns loses new tender

Nova Scotia company that retooled factory to make medical gowns loses new tender

HALIFAX — An Atlantic Canadian undergarment company that quickly retooled its factory last spring to make personal protective equipment is laying off 150 workers after failing to win a new federal contract. Stanfield's Ltd.
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Canadian Natural takes Keystone XL pipeline charge, raises dividend 11 per cent

Canadian Natural takes Keystone XL pipeline charge, raises dividend 11 per cent

CALGARY — The move by U.S. President Joe Biden to cancel the Keystone XL pipeline in January continues to plague Canadian oil companies, with Canadian Natural Resources Ltd.
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Bombardier to focus on after-sales service until business jet recovery takes hold

Bombardier to focus on after-sales service until business jet recovery takes hold

MONTREAL — While the business jet market will take "several years" to return to pre-pandemic levels, Bombardier Inc. plans to capitalize on growth of after-sales service to achieve its goal of US$7.5 billion in sales in 2025.
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CRTC says cancellation fee protections apply to three-year device plans

CRTC says cancellation fee protections apply to three-year device plans

GATINEAU, Que. — The CRTC says that consumers with smartphone-financing plans of three years or longer will be protected by a policy that caps cancellation fees.
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Square, Inc. to buy majority of Tidal and put Jay-Z on board

Square, Inc. to buy majority of Tidal and put Jay-Z on board

SAN FRANCISCO — Financial technology company Square, Inc. said Thursday that it has reached an agreement to acquire majority ownership of Tidal, the music streaming service partly owned by Jay-Z.
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