Canada’s oilpatch is bracing for the impact of plunging crude prices after OPEC and its allies failed to reach a deal aimed at cutting production as economies slow because of the novel coronavirus. Prices began sliding after Russia refused to support deeper oil cuts to cope with the outbreak of coronavirus and OPEC responded by removing all limits on…

Organizers of the Collision conference say they are cancelling the in-person component this year amid concerns around a novel form of coronavirus. The annual tech conference was due to be held in Toronto in June, but organizers say it will instead run a livestreamed version of the talks the conference was set to host. Organizers…

Costco Wholesale Corp. said on Thursday concerns over the coronavirus outbreak have prompted customers to stock up on essentials, including disinfectants, forcing the warehouse operator to replenish certain items frequently. The company has lately been seeing a surge in footfall as customers queue up at its U.S. stores, similar to the holiday season, which has…

Canada’s economy added 30,000 new jobs in February, bringing the rolling total for the past 12 months up to 245,000. Statistics Canada reported Friday that Quebec, Alberta, Nova Scotia and Manitoba added jobs during the month. Everywhere else, the job market was basically unchanged. Despite the slight job gains, the jobless rate inched up by 0.1…

A woman who said she took tens of thousands of dollars from a 97-year-old with dementia because she needed the money owns a waterfront cottage that a neighbour says is worth as much as $1 million. Theresa Gardiner, 73, took a total of $78,000 from the accounts of Christine Fisher, then 95, between April and…

The Liberal government is giving Canada’s big three national wireless providers two years to cut their basic prices for cellphone services by 25 per cent — and telling them it will step in to cut prices if they don’t comply. Innovation, Science and Economic Development Minister Navdeep Bains issued the ultimatum today along with new spectrum auction rules that could…