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National Business
National Business
B.C. eases requirements for struggling businesses applying for grant funding
VICTORIA — British Columbia government has loosened eligibility requirements for small and medium-sized businesses applying for grants to survive the COVID-19 pandemic.
Dec 21, 2020 2:46 PM
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Approvals in hand for Cenovus buyout of Husky, now expected to close Jan. 1
CALGARY — Cenovus Energy Inc. says it has all key regulatory approvals in place to go ahead with its friendly takeover of oilsands rival Husky Energy Inc. The all-shares deal was approved by shareholders of both companies last week.
Dec 21, 2020 2:04 PM
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Obsidian extends deadline for hostile Bonterra takeover, lowers tender condition
CALGARY — Obsidian Energy Ltd. extended its hostile takeover bid for rival Bonterra Energy Corp. on Monday and lowered its minimum tender condition.
Dec 21, 2020 1:21 PM
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Garneau directs CTA to develop new rules for flight cancellation refunds
OTTAWA — Federal Transport Minister Marc Garneau is directing the Canadian Transportation Agency to strengthen rules that require airlines to refund passengers for cancelled flights.
Dec 21, 2020 12:51 PM
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B.C. housing market to remain vibrant through the new year: report
VANCOUVER — A company that supports hundreds of credit unions across Canada predicts British Columbia's housing market will remain healthy through 2021 as the province moves out of its COVID-19 slump.
Dec 21, 2020 11:22 AM
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Canopy Growth signs deal valued at $297M to give up stake in Canopy Rivers
SMITHS FALLS, Ont. — Canopy Growth Corp. has signed a deal valued at $297 million that will see it give up its ownership in Canopy Rivers Inc., which it established as a venture capital firm to invest in the cannabis sector.
Dec 21, 2020 10:32 AM
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Apollo raises offer for Great Canadian Gaming, winning over key shareholders
New York-based hedge fund Apollo Global Management has won over key investors in its bid to take Great Canadian Gaming Corp. private, after raising its offer to $45 per share. The new price represents a 15.
Dec 21, 2020 10:20 AM
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‘Wonder Woman 1984’ grabs $38.5 million overseas
The superhero sequel “Wonder Woman 1984” has earned an estimated $38.5 million in ticket sales from international theatres , Warner Bros. said Sunday.
Dec 21, 2020 8:53 AM
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Bombardier Transportation signs $721M deal with TransLink for 205 new SkyTrain cars
VANCOUVER — Bombardier Transportation says it has signed a deal with TransLink to build 205 new rail cars for Vancouver's SkyTrain network. The contract is valued at $721 million and includes options for up to an additional 400 rail cars.
Dec 21, 2020 8:03 AM
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McDonald's sells 'Spam burger' with cookie crumbs in China
BEIJING — McDonald’s is selling a sandwich made of Spam topped with crushed Oreo cookies Monday in China in an attention-grabbing move that has raised eyebrows.
Dec 21, 2020 5:07 AM
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