Business

Air Canada to temporarily lay off 16,500 staff due to COVID-19 fallout

Air Canada to temporarily lay off 16,500 staff due to COVID-19 fallout

TC Energy enlists Alberta to help finish US$8-billion Keystone XL project

TC Energy enlists Alberta to help finish US$8-billion Keystone XL project

RBC expects home sales to dive 30%, prices to decline because of outbreak

RBC expects home sales to dive 30%, prices to decline because of outbreak

Big Oil’s interest in renewable energy investments expected to waver: report

Big Oil’s interest in renewable energy investments expected to waver: report

Oilsands producers in the red as blended bitumen price dips below $4 per barrel

Oilsands producers in the red as blended bitumen price dips below $4 per barrel

Spain passes China in infections; Trump extends US lockdown

Spain becomes the third country to surpass China in infections

Five things to watch for in the Canadian business world in the coming week

Thousands have already lost their jobs, while others like grocers look for ways to keep doors open

Sylvan Lake businesses being creative during COVID-19 outbreak

Many businesses are changing their business models or offering services in a new way

Local businesses try to find their ‘new normal’ during COVID-19

COVID-19 is pushing local businesses to their breaking point.

Thousands laid off as airlines struggle with COVID-19 cancellations, travel bans

Some airlines say they will hire back workers after the crisis subsides

North American stock markets start the trading week down, loonie falls

S&P/TSX composite index was down 225.93 points at 11,625.88, shortly after the start of trading

How Ponoka retailers are coping with current COVID-19 crisis

Several local stores announce ‘Golden Hour’ shopping times

COVID-19: It could take 3 years for stock market to recover, says B.C. economist

But true financial impact will depend on how long pandemic lasts

Airports poised to lose $1.3 billion amid travel collapse, says industry group

Canadian Airports Council president asked Transport Minister for roughly $380 million in relief

More wipes, no jeans: Amazon limits shipments to warehouses

Suppliers not allowed to send non-essentials like jeans, phone cases to warehouses for three weeks

Amazon seeks to hire 100,000 to keep up with surge in orders

The online retailer said it will also temporarily raise pay by $2 an hour through the end of April for hourly employees

S&P/TSX composite edges lower, while U.S. markets gain ground; Loonie down

The S&P/TSX composite index was down 6.50 points at 12,353.90

Canada’s main stock index hits 52-week low amid COVID-19 worries, drop in crude oil prices

In New York, the Dow Jones industrial average had its worst day since 1987