COVID-19 could shutter more than 200,000 Canadian businesses forever, CFIB says
News/Business: More than 200,000 Canadian businesses could close permanently during the COVID-19 crisis, throwing millions of people out of work as the resurgence of the virus worsens across much of the country, according to new research.
With Keystone XL back on the shelf, oilpatch pressure mounts on Trudeau and Trans Mountain
News/Business: With U.S. President Joe Biden cancelling the permit for the Keystone XL pipeline, attention turns to the Trans Mountain expansion project — from those for and against. It's owned by the federal government and is under construction, but many wonder if the oil pipeline will ever be completed.
Bank of Canada holds rate steady at 0.25% even as it expects economy to shrink until March
News/Business: The Bank of Canada elected to keep its benchmark interest rate steady at 0.25 per cent on Wednesday, reiterating its pledge to keep it there "until the recovery is well underway."
Subway can proceed with $210M defamation suit against CBC over chicken report, appeals court rules
News/Business: A defamation lawsuit by the world's largest fast-food operator against Canada's public broadcaster over a report on the chain's chicken sandwiches can proceed, Ontario's top court has ruled.
European aviation agency says 737 Max to be cleared next week
News/Business: The Boeing 737 Max will be green-lighted to resume flights in Europe next week, following nearly two years of reviews after the aircraft was involved in two deadly crashes that saw the planes grounded worldwide, the head of the European aviation safety agency said Tuesday.
Why Kenney is having a rougher ride than Trudeau with his pipeline purchase
News/Business: Prime Minister Justin Trudeau and Alberta Premier Jason Kenney both decided their governments would take ownership stakes in two different pipeline projects stuck in limbo. But only one of the leaders had significant control over what happened next.
Canadian snowbirds getting the COVID-19 vaccine in Florida face backlash from some residents
News/Business: Canadians who made the journey to Florida this winter are being offered the COVID-19 vaccine. But they also face a backlash from some Floridians who argue non-residents shouldn’t have early access to vaccines that are currently in short supply.
Canada clears Boeing 737 Max for flight nearly 2 years after global grounding
News/Politics: Boeing's 737 Max has been approved to fly again in Canadian skies starting Wednesday, ending a 22-month grounding following a pair of fatal overseas crashes that cost 346 people their lives and did serious damage to the company's reputation.
Biden indicates plans to cancel Keystone XL pipeline permit on 1st day in office, sources confirm
News/Canada/Calgary: U.S. president-elect Joe Biden has indicated plans to cancel the Keystone XL pipeline permit on his first day in office, sources confirmed to CBC News on Sunday.
Alberta drafts Capitol Hill operatives as it seeks support for Keystone XL, trade issues
News/Canada/Calgary: Alberta’s UCP government is hiring influential lobbyists and communications experts in Washington, D.C., as it seeks support on Capitol Hill for the Keystone XL pipeline and other trade interests south of the border.
Trudeau 'open to strengthening' international travel measures as new COVID-19 variants emerge
News/Politics: Prime Minister Justin Trudeau said today the federal government is open to strengthening pandemic restrictions on international travel as concerns mount about Canadians travelling abroad — but suggested the government's pre-existing measures are still effective.