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Category Archives: Economic

Dominion Diamond Mines files for bankruptcy protection

Dominion Diamond Mines has been granted a protection order after filing for insolvency protection, the company announced Wednesday in a press release. According to the release, the company and some of its affiliates “have filed for insolvency protection under the Companies’ Creditors Arrangement Act (CCAA)” and has received an order from the Alberta Court of Queen’s…

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'I'm spending way less': How the lockdown is leading to more savings for some Canadians

With bars, boutiques, restaurants and salons closed due to the COVID-19 pandemic, many Canadians lucky enough to still have an income of any kind are discovering they’re actually saving money. “I’m spending way less,” said Max Miller, 28, who works in financial services in Toronto. “With the exception of groceries, all of my other expenses…

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