Air Canada has announced it is suspending service to the United States after Canada and the U.S. agreed to extend restrictions on cross-border travel for another 30 days because of the COVID-19 pandemic. The airline said Tuesday its last commercial flights between Canada and the U.S. will be on April 26. It plans to resume…

During these extraordinary times of the COVID-19 pandemic, a few hours can seem like a few days, and last week can feel like last month. For those in the oilpatch, the heady days of 2014, when oil prices were above $100 US per barrel, must seem like a century ago. The markets have been excessively…

Statistics Canada says retail sales rose in February for a fourth consecutive month as they climbed 0.3 per cent to $52.2 billion, boosted by sales at motor vehicle and parts dealers and at general merchandise stores. The agency says it was the first time retail sales grew for four months in a row since the…

There is nothing so bad that it does not end up helping someone is the old saying, and while the COVID-19 outbreak is bad for pretty well everyone, long-suffering renters may finally get a break. Newly unemployed gig workers and real estate investors will be collateral damage, but experts in the property market are already…

For a few years, Theresa Ransom has wanted to venture into online sales for her Calgary gift boutique, but could never find the time. Now, with the pandemic shutting down most retail stores across the country, including her own, she’s invested many late nights in launching online shopping on her web site. The process of bringing her store, Kala…

Oil prices plunged on Monday as traders got caught in a desperate race to offload contracts for just about any price they could get. The price of a contract to deliver West Texas Intermediate crude oil next month plunged below zero, as traders got caught in flurry to sell their contracts before having to actually receive the…