Skip to content

National Business

CERB recipients should be prepared to pay income tax on payments experts say

CERB recipients should be prepared to pay income tax on payments experts say

OTTAWA — The Canada Emergency Response Benefit was a financial lifeline for many when COVID-19 forced businesses to shutter and brought the economy to a screeching halt in the spring.

The pandemic is changing Hollywood, maybe forever

NEW YORK — “No New ‘Movies’ Till Influenza Ends” blared a New York Times headline on Oct. 10, 1918, while the deadly second wave of the Spanish Flu was unfolding.
Picture of US economy is worrisome as virus inflicts damage

Picture of US economy is worrisome as virus inflicts damage

WASHINGTON — Gripped by the accelerating viral outbreak, the U.S. economy is under pressure from persistent layoffs, diminished income and nervous consumers, whose spending is needed to drive a recovery from the pandemic.
The pandemic is changing Hollywood, maybe forever

The pandemic is changing Hollywood, maybe forever

NEW YORK — “No New ‘Movies’ Till Influenza Ends” blared a New York Times headline on Oct. 10, 1918, while the deadly second wave of the Spanish Flu was unfolding.
Lights, camera, sell: Retailers want you to watch and shop

Lights, camera, sell: Retailers want you to watch and shop

NEW YORK — When Jenna Powell gets in front of a camera, she can sell $10,000 worth of sparkly dresses and tie-dye hoodies in 40 minutes.
Canadian motor tech firm Exro to raise $30 million with share offering

Canadian motor tech firm Exro to raise $30 million with share offering

CALGARY — A Canadian company developing new control products to improve efficiency and performance in electric motors and powertrains is aiming to raise between $30 million and $36.5 million through a public offering of its shares.
Unchanged from early estimate, US economy grew 33.1% in Q3

Unchanged from early estimate, US economy grew 33.1% in Q3

WASHINGTON — The second of three estimates on U.S. growth for the July-September quarter was unchanged at a record pace of 33.1%.

Consumer spending up a slight 0.5% as virus maintains grip

WASHINGTON — U.S. consumers increased their spending by a sluggish 0.
Slight gain of 1.3% in October for manufactured goods

Slight gain of 1.3% in October for manufactured goods

WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods showed a modest gain in October but much of the strength came from a big jump in orders for military equipment.
Cascades to close its napkin plant in Laval, Que. in June 2021

Cascades to close its napkin plant in Laval, Que. in June 2021

KINGSEY FALLS, Que. — Cascades Inc. says it will close its napkin plant in Laval, Que., at the end of June next year. The plant currently employs 54 workers.
Rogers Media
6080 Young Street Halifax, NS, B3K 5L2 © 2006-2020 Rogers Media. All rights reserved.