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With Italy at risk, Europe Central Bank could boost stimulus

With Italy at risk, Europe Central Bank could boost stimulus

FRANKFURT — The European Central Bank could soon expand its anti-pandemic stimulus program to more than a trillion euros, giving it more firepower to keep the virus crisis from sliding into a new financial crisis for the 19 countries that use the eur
Metro Vancouver homes sales fall 44 per cent in May, but prices are high as ever

Metro Vancouver homes sales fall 44 per cent in May, but prices are high as ever

VANCOUVER — Home sales in the Greater Vancouver area continued their steep year-over-year drop last month amid confinement measures and physical distancing requirements related to the COVID-19 pandemic.
Astronauts ring opening bell for Nasdaq from space station

Astronauts ring opening bell for Nasdaq from space station

CAPE CANAVERAL, Fla. — The astronauts launched into orbit by SpaceX joined in the ringing of the opening bell for the Nasdaq on Tuesday to mark “a pivotal moment" for the space economy.
Sail Outdoors Inc. files for bankruptcy protection amid COVID-19 pandemic

Sail Outdoors Inc. files for bankruptcy protection amid COVID-19 pandemic

LAVAL, Que. — Sail Outdoors Inc. has filed for bankruptcy protection so it can restructure amid the COVID-19 pandemic. The Laval, Que.
Air Canada raises $1.6 billion to mitigate losses during pandemic

Air Canada raises $1.6 billion to mitigate losses during pandemic

MONTREAL — Air Canada has raised $1.59 billion from share and debt offerings intended to offset some of the carrier's losses from the COVID-19 pandemic. The company said Tuesday it sold 35.4 million voting shares at $16.
Safety board asks helicopter makers to install 'black boxes'

Safety board asks helicopter makers to install 'black boxes'

Federal safety investigators bypassed aviation regulators on Tuesday and urged leading helicopter manufacturers to install so-called black boxes that would help determine the cause of crashes such as the one that killed former NBA star Kobe Bryant.

Molson will eliminate about 190 jobs following 2021 move of Montreal brewery

MONTREAL — Molson Coors Beverage Co. will eliminate about 190 temporary and permanent jobs in Quebec by the end of 2021 following its move to a new brewery complex south of Montreal.

Walmart closing its Tire, Lube and Express businesses in stores across Canada

Walmart says it will begin closing its Tire, Lube and Express businesses in stores across Canada.
Nearly 26,000 COVID deaths in nursing homes spur inspections

Nearly 26,000 COVID deaths in nursing homes spur inspections

WASHINGTON — Nearly 26,000 nursing home residents have died from COVID-19, the government reported Monday, as federal officials demanded states carry out more inspections and vowed higher fines for facilities with poor infection control.
Bombardier exits commercial jet sector with closure of US$550M CRJ deal

Bombardier exits commercial jet sector with closure of US$550M CRJ deal

MONTREAL — Bombardier Inc. has completed the sale of its regional jet business to Mitsubishi Heavy Industries Ltd. for US$550 million, cementing the plane maker's departure from commercial aviation following a three-decade run.
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