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CRA promotes public database to track employers using wage subsidies

CRA promotes public database to track employers using wage subsidies

OTTAWA — Canada Revenue Agency is launching a website to help Canadians track which employers have been using government wage subsidies during the COVID-19 pandemic.
Bergman succeeds Horn as Disney Studios chairman

Bergman succeeds Horn as Disney Studios chairman

Walt Disney Co. veteran Alan Bergman has been named chairman of Disney Studios, the company said Monday. Bergman will be succeeding Alan Horn, who will remain chief creative officer. Horn and Bergman have been operating as co-chairs since May 2019.
Investors look with optimism to 'year of the vaccine', expect major growth in 2021

Investors look with optimism to 'year of the vaccine', expect major growth in 2021

TORONTO — On Jan. 1, investors celebrating Bay Street's best returns since the global financial crisis couldn't have known what kind of year they were about to face.
Air Canada suspends flights between Canada, U.K. after warning about new virus strain

Air Canada suspends flights between Canada, U.K. after warning about new virus strain

MONTREAL — Air Canada says it has temporarily suspended flights between Canada and the U.K. in keeping with a government directive issued Sunday.

B.C. eases requirements for struggling businesses applying for grant funding

VICTORIA — British Columbia government has loosened eligibility requirements for small and medium-sized businesses applying for grants to survive the COVID-19 pandemic.
Approvals in hand for Cenovus buyout of Husky, now expected to close Jan. 1

Approvals in hand for Cenovus buyout of Husky, now expected to close Jan. 1

CALGARY — Cenovus Energy Inc. says it has all key regulatory approvals in place to go ahead with its friendly takeover of oilsands rival Husky Energy Inc. The all-shares deal was approved by shareholders of both companies last week.
Obsidian extends deadline for hostile Bonterra takeover, lowers tender condition

Obsidian extends deadline for hostile Bonterra takeover, lowers tender condition

CALGARY — Obsidian Energy Ltd. extended its hostile takeover bid for rival Bonterra Energy Corp. on Monday and lowered its minimum tender condition.

Garneau directs CTA to develop new rules for flight cancellation refunds

OTTAWA — Federal Transport Minister Marc Garneau is directing the Canadian Transportation Agency to strengthen rules that require airlines to refund passengers for cancelled flights.
B.C. housing market to remain vibrant through the new year: report

B.C. housing market to remain vibrant through the new year: report

VANCOUVER — A company that supports hundreds of credit unions across Canada predicts British Columbia's housing market will remain healthy through 2021 as the province moves out of its COVID-19 slump.
Canopy Growth signs deal valued at $297M to give up stake in Canopy Rivers

Canopy Growth signs deal valued at $297M to give up stake in Canopy Rivers

SMITHS FALLS, Ont. — Canopy Growth Corp. has signed a deal valued at $297 million that will see it give up its ownership in Canopy Rivers Inc., which it established as a venture capital firm to invest in the cannabis sector.