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National Business
Aldo says North American creditors support restructuring plan to exit protection
MONTREAL — Aldo Group Inc. says its North American creditors have voted in favour of its restructuring plan and settlement, almost two years after the footwear company filed for creditor protection.
Apr 26, 2022 6:09 PM
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Brainard wins Senate confirmation to be Fed's vice chair
WASHINGTON (AP) — The Senate on Tuesday confirmed the nomination of Lael Brainard to a four-year term as vice chair of the Federal Reserve, elevating her to the Fed's No.
Apr 26, 2022 6:03 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,690.81, down 321.08 points.) Enbridge Inc. (TSX:ENB). Energy. Down 10 cents, or 0.2 per cent, to $56.08 on 9.3 million shares.
Apr 26, 2022 5:42 PM
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ABC's 'black-ish' ends its run as ABC looks to future
NEW YORK (AP) — As the comedy “black-ish” ended its run after eight seasons with a relatively modest live audience of 2.52 million viewers, ABC is already pivoting to what it hopes is its next defining sitcom.
Apr 26, 2022 5:36 PM
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Pot company Canopy Growth to lay off 243 workers as it moves to cut costs
Canopy Growth Corp. says it will lay off more than 200 workers as part of a new cost reduction strategy that will make cannabis cultivation more affordable and uncover supply chain efficiencies, though it didn't offer a target date for profitability.
Apr 26, 2022 5:31 PM
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Air Canada to jack up fares amid higher fuel costs, weak business travel
MONTREAL — Air Canada is poised to raise fares as it looks to offset the hit from higher fuel costs, sagging business travel and soaring inflation.
Apr 26, 2022 5:27 PM
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S&P/TSX composite falls to three-month low on fears about slowing economic growth
TORONTO — Canada's main stock index lost more than 300 points as a big drop in the technology sector drove it to its lowest level in three months on ongoing concerns about slowing global economic growth.
Apr 26, 2022 5:13 PM
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Key governance issues persist five years after audit of Atlantic Lottery Corporation
HALIFAX — Several key governance reforms to the Atlantic Lottery Corporation recommended more than five years ago still haven’t been implemented, the region’s auditors general said in a report released Tuesday.
Apr 26, 2022 5:07 PM
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Distilleries, breweries stop producing hand sanitizer two years after start of COVID
TORONTO — Many distilleries and breweries that pivoted their operations to make hand sanitizer in the early days of COVID-19 have since walked away from this side business.
Apr 26, 2022 4:32 PM
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Musk's free speech plans for Twitter to face challenges from governments: expert
TORONTO — Canada and governments around the world could scuttle Elon Musk's plans to ease restrictions on Twitter in the name of free speech, say social media and anti-hate experts.
Apr 26, 2022 4:02 PM
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