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Canadian tourism sector shrank by nearly half in 2020 as COVID-19 ravages industry

Canadian tourism sector shrank by nearly half in 2020 as COVID-19 ravages industry

OTTAWA 鈥 Statistics Canada says the Canadian tourism sector shrank by nearly half in 2020 as the disastrous year was capped off by a 3.3 per cent decrease in the fourth quarter.
Torstar signs deal for free Cineplex Magazine, to rebrand as Star Cineplex

Torstar signs deal for free Cineplex Magazine, to rebrand as Star Cineplex

TORONTO 鈥 Torstar Corp. has signed a deal to acquire the publishing and exclusive theatre distribution rights of Cineplex Magazine. The deal with Cineplex Inc.
Canada Pension Plan Investment Board selling its stake in GlobalLogic to Hitachi

Canada Pension Plan Investment Board selling its stake in GlobalLogic to Hitachi

TORONTO 鈥 The Canada Pension Plan Investment Board has signed a deal to sell its 45 per cent stake in GlobalLogic Worldwide Holdings, Inc., the parent company of GlobalLogic Inc., to Hitachi Ltd. The pension fund manager says it expects US$3.
Newsmax keeps most, not all, of post-election samplers

Newsmax keeps most, not all, of post-election samplers

NEW YORK 鈥 The trajectory of the conservative network Newsmax is a clear example of how statistics can tell different stories, depending on how you look at them.
Arc/Seven Generations merger vote today would create 6th largest oil and gas producer

Arc/Seven Generations merger vote today would create 6th largest oil and gas producer

CALGARY 鈥 No surprises are expected today as shareholders in ARC Resources Ltd. and Seven Generations Energy Ltd. vote virtually on an all-shares transaction to form Canada's sixth-largest oil and gas producer. The merger, valued at $8.
Australia to build guided missiles to boost defence capacity

Australia to build guided missiles to boost defence capacity

WELLINGTON, New Zealand 鈥 Australia announced Wednesday it would begin building its own guided missiles in close collaboration with the U.S. as it seeks to boost its defence capabilities.
Change COVID-19 messaging for young people as cases rise in 小蓝视频: retail council

Change COVID-19 messaging for young people as cases rise in 小蓝视频: retail council

VANCOUVER 鈥 Criticism of young people by British Columbia's premier could be replaced by better ways of educating them about the risks of COVID-19, a retail group says. Greg Wilson, a director for the 小蓝视频
Volkswagen hoaxes media with fake statement on name change

Volkswagen hoaxes media with fake statement on name change

DETROIT 鈥 Volkswagen of America issued false statements this week saying it would change its brand name to 鈥淰oltswagen,鈥 to stress its commitment to electric vehicles, only to reverse course Tuesday and admit that the supposed name change was a joke.
Owner of Billy Bishop airport looking for private sector investor, operator

Owner of Billy Bishop airport looking for private sector investor, operator

TORONTO 鈥 The owner of Billy Bishop Toronto City Airport is looking for a private sector investor to operate the downtown island airport as the industry continues to struggle from the impact of COVID-19.
BlackBerry reports US$315-million loss in fourth quarter, revenue down from year ago

BlackBerry reports US$315-million loss in fourth quarter, revenue down from year ago

WATERLOO, Ont. 鈥 BlackBerry Ltd. shares fell in after-hours trading after the cybersecurity technology and automotive software company reported a US$315-million loss and disappointing revenue for its fourth-quarter.
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