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Athabasca Oil to shut down Hangingstone SAGD oilsands project and cut staff

Athabasca Oil to shut down Hangingstone SAGD oilsands project and cut staff

CALGARY — Athabasca Oil Corp. is suspending operations at its Hangingstone SAGD oilsands operation due to the drop in oil prices and the COVID-19 pandemic.
March trading volume on TSX more than doubled compared with a year ago

March trading volume on TSX more than doubled compared with a year ago

TORONTO — The number of shares traded on Canada's main stock exchange in March more than doubled compared with a year ago as the stock market plunged due to the COVID-19 pandemic. According to statistics released by TMX Group Ltd.

B.C. business groups warn revenues down 50- to 75 per cent during COVID-19

VANCOUVER — Business organizations across British Columbia say revenues have plunged among their members and that paints an "ominous picture" for the economy.
Google to release tracking data to help policy-makers evaluate COVID-19 measures

Google to release tracking data to help policy-makers evaluate COVID-19 measures

TORONTO — Google is preparing to dig into its trove of data to help Canada’s politicians and public health officials judge the success of measures aimed at ending the spread of COVID-19.
Mortgage deferrals at big Canada's big banks pile up, association says

Mortgage deferrals at big Canada's big banks pile up, association says

TORONTO — The Canadian Bankers Association says the country's six largest banks have allowed customers to defer payments on more than 10 per cent of the mortgages in their portfolios as borrowers affected by COVID-19 seek financial help.
Toronto home sales up in March but trending down as COVID-19 pandemic hits

Toronto home sales up in March but trending down as COVID-19 pandemic hits

Toronto Regional Real Estate Board says home sales were strong in the first half of March but then started to slow down because of the COVID-19 pandemic. Sales of 8,012 homes for the whole month was a 12.3 per cent climb from last year.
'We need help': Economic, health crises grow as cases top 1M

'We need help': Economic, health crises grow as cases top 1M

NEW YORK — The coronavirus outbreak has thrown 10 million Americans out of work in just two weeks in the swiftest, most stunning collapse the U.S.
Tesla's 1Q car sales surged before pandemic shut things down

Tesla's 1Q car sales surged before pandemic shut things down

BERKELEY, Calif.
TSX rises on record surge in crude oil prices on promised OPEC ceasefire

TSX rises on record surge in crude oil prices on promised OPEC ceasefire

TORONTO — Canada's main stock index moved higher Thursday as energy stocks surged on a record 25 per cent rise in crude oil prices. Oil prices jumped after U.S.

Judge tosses shareholder suit over Lululemon CEO's departure

DOVER, Del. — A Delaware judge has dismissed a shareholder lawsuit against sports apparel maker Lululemon Athletica over its decision to give a $5 million severance package to its former CEO rather than fire him for misconduct.