Canada closes borders to most foreigners to fight COVID-19 spread

Canada closes borders to most foreigners to fight COVID-19 spread

OTTAWA — Canada is closing its borders to most foreign nationals except Americans and is barring anyone, including Canadian citizens, with symptoms of the novel coronavirus from boarding flights to this country, Prime Minister Justin Trudeau said Monday. The measures come after days of complaints from provincial and municipal governments that travellers to Canada were […]

WestJet shareholders won’t get December dividend as Onex acquisition closes

WestJet shareholders won’t get December dividend as Onex acquisition closes

CALGARY – WestJet Airlines Ltd. shareholders won’t be receiving a quarterly dividend this month after Onex Corp. announced the completion of its acquisition of the Calgary-based airline. WestJet and Onex say the payment won’t be made because the deal has closed before Dec. 18. The airline’s board of directors had declared a 14 cents per […]

TSX closes above 16,000 for first time, led by energy companies

TSX closes above 16,000 for first time, led by energy companies

Canada’s benchmark stock index topped 16,000 points for the first time on Monday, the first trading day since it set a record high on Friday. When the stock market closed at 4 p.m. ET on Monday, the S&P/TSX Composite Index sat at 16,002.78, up just over 49 points from Friday’s close. Almost all sectors of the market […]

Canadian vinyl record pressing plant closes

CALGARY—It appears one of the only vinyl record pressing plants in Canada has shut down its operations. Canada Boy Vinyl opened in Calgary in September 2015 expecting to take advantage of a surge in record sales — a Nielsen music report at the time said sales jumped by 52 per cent in 2014. Its machines, […]