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National Business
National Business
Biden boosting vaccine allotments, financing for virus costs
WASHINGTON — President Joe Biden’s administration announced Tuesday that it is moving to expand access to COVID-19 vaccines, freeing up more doses for states and beginning to distribute them to retail pharmacies next week.
Feb 2, 2021 12:44 PM
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Canadian silver mining companies give up Monday's gains as apparent squeeze fails
CALGARY — Canadian silver mining companies are giving back double-digit share price increases gained Monday as an apparent drive by online retail investors to boost interest in the shiny metal grinds to a halt.
Feb 2, 2021 12:28 PM
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Uber will bring the booze after acquiring Drizly for $1.1B
NEW YORK — Uber is bringing the booze. The mobile ride-hailing company said Tuesday that it is acquiring the alcohol-delivery platform Drizly for $1.1 billion in stock and cash.
Feb 2, 2021 11:56 AM
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High demand and higher prices for Vancouver real estate in January: board
VANCOUVER — Homes sales in much of Metro Vancouver in January increased by 52.1 per cent compared with sales from the same time last year.
Feb 2, 2021 11:26 AM
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Letko Brosseau and Brandes to oppose Dorel privatization despite sweetened offer
MONTREAL — Two large shareholders of Dorel Industries Inc. say they will vote against a proposal to take the company private despite a move by Cerberus Capital Management LP to raise its offer.
Feb 2, 2021 10:49 AM
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Imperial Oil reports $1.15B loss on writedown, sees pandemic-related fuel demand cut
CALGARY — Sagging fuel demand due to lockdowns to deal with a second wave of the COVID-19 pandemic is again cutting into volumes and returns at refineries at Imperial Oil Ltd. after a recovery last fall, CEO Brad Corson said Tuesday.
Feb 2, 2021 10:27 AM
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Brookfield Property Partners swings to Q4 loss despite improved investment activity
TORONTO — Brookfield Property Partners LP says it swung to a loss in its latest quarter despite seeing a significant pickup in private real estate investment activity.
Feb 2, 2021 9:41 AM
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Brookfield Infrastructure selling Enwave business for US$4.1 billion
TORONTO — Brookfield Infrastructure has signed deals totalling US$4.1 billion to sell Enwave, its North American district energy business.
Feb 2, 2021 8:35 AM
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Regulators eye Reddit stock rallies, but manipulation may be hard to prove: Experts
TORONTO — Canadian regulators have said they will act if they see "abusive" or "manipulative" trading, as Reddit and other social media sites stoke stock mania.
Feb 2, 2021 7:12 AM
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MDA starts working on Radarsat-2 surveillance satellite replacement
BRAMPTON, Ont. — MDA says it has started work on a replacement for its Radarsat-2 surveillance satellite. The company did not say how much the new project would cost or provide a timeline for a launch.
Feb 2, 2021 7:10 AM
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