Skip to content

National Business

Clothing retailer Roots reports $4.9M Q1 loss, sales up nearly 25 per cent

Clothing retailer Roots reports $4.9M Q1 loss, sales up nearly 25 per cent

TORONTO — Roots Corp. reported a loss of $4.9 million in its latest quarter as its sales rose nearly 25 per cent compared with a year ago at the start of the pandemic.
Read more >
Intact Financial and Tryg sign deal to sell Danish business for $2.52 billion

Intact Financial and Tryg sign deal to sell Danish business for $2.52 billion

Intact Financial Corp. says its joint venture with Tryg A/S has signed a deal to sell Codan Forsikring A/S's Danish business (Codan DK) to Alm. Brand A/S Group for about $2.52 billion.
Read more >
Lawmakers remove state legislator over Oregon Capitol breach

Lawmakers remove state legislator over Oregon Capitol breach

SALEM, Ore. (AP) — Lawmakers in Oregon on Thursday night expelled a Republican legislator who let violent, far-right protesters into the Statehouse. Rep. Mike Nearman was the first member of the House to be expelled in its 160-year history.
Read more >
Dog ejected from vehicle in Idaho crash found herding sheep

Dog ejected from vehicle in Idaho crash found herding sheep

SPOKANE, Wash. (AP) — A pet dog who vanished for two days after being ejected from a vehicle during an accident has been found apparently doing the job it was bred to do — herding sheep.
Read more >
Border security workers to hold strike votes next week, jeopardizing border reopening

Border security workers to hold strike votes next week, jeopardizing border reopening

Some 9,000 Canadian Border Service Agency workers are preparing for strike votes starting next week, even as Canada-U.S. border reopening talks get underway.
Read more >
Strong lumber markets allow Resolute to pay special dividend, spend and cut debt

Strong lumber markets allow Resolute to pay special dividend, spend and cut debt

MONTREAL — Resolute Forest Products Inc. says strong lumber markets are allowing it to pay a special dividend, spend US$50 million on its sawmills to support growth and repay US$180 million in debt.
Read more >
Air Canada to recall 2,600 workers, extends deadline for COVID-19 refunds

Air Canada to recall 2,600 workers, extends deadline for COVID-19 refunds

MONTREAL — Air Canada says it will recall more than 2,600 employees as it prepares for an increase in demand for flights, while also extending the deadline for COVID-19 refunds.
Read more >
Met Opera says $31M on tax return is mostly pledges

Met Opera says $31M on tax return is mostly pledges

The Metropolitan Opera says a positive $31 million on its latest tax return is mostly money pledged for future seasons that the company has not yet received.
Read more >
Terra Nova oilfield shutdown could cost N.L. hundreds of millions of dollars

Terra Nova oilfield shutdown could cost N.L. hundreds of millions of dollars

ST. JOHN'S, N.L. — The full shutdown of the dormant Terra Nova offshore oilfield could leave Newfoundland and Labrador on the hook for hundreds of millions of dollars in royalty paybacks, Energy Minister Andrew Parsons said Thursday.
Read more >
G-7 nations expected to pledge 1B vaccine doses for world

G-7 nations expected to pledge 1B vaccine doses for world

ST. IVES, England (AP) — The Group of Seven nations are set to commit to sharing at least 1 billion coronavirus shots with the world, British Prime Minister Boris Johnson announced Thursday, with half coming from the U.S. and 100 million from the U.
Read more >