Corporate Governance

British Columbia's lowest paid workers got a pay increase Monday with a scheduled minimum wage hike at a crucial time for small businesses as they look for ways to continue operating during the COVID-19 pandemic.

Newfoundland and Labrador's government is looking for a rapid answer from Ottawa on its request for aid for the offshore oil sector in light of a quickening exodus of exploration rigs from the province.

Move enhances company’s market edge Irving Oil has announced the completion of its acquisition of North Atlantic Refining Corp.

Customers hoping to get out of putting on a face mask to visit stores demanding they wear one, could be out of luck.Experts agree with remarks Ontario Premier Doug Ford made on Friday, reminding Canadians that companies have the right to ask you to slip on a face covering or seek products and services elsewhere.“Any business has the right to refuse anyone.

Just in time for summer Slurpee cravings, 7-Eleven Canada is expanding its at-home delivery options by partnering with Skip the Dishes.

In mid January the British Columbia government announced it was looking at a wide ban on single-use plastic grocery bags to put an end to a piecemeal, city-by-city approach to the problem of plastic pollution.

Canada's oilfield services sector is in for “an immense amount of pain'' over at least the next year thanks to low North American oil and gas exploration activity amid a worldwide glut of cheap crude, according to a report from CIBC.Drilling and well completion companies stand to suffer the most as producers will be reluctant to reverse cuts in spending and production linked to the COVID-19 pandemic and its affect on fuel demand, the analysts warn.“There is no way to sugarcoat it.

Canadian manufacturing sales posted their biggest percentage drop since the financial crisis in March and economists warned sales are expected to continue to fall in April as the COVID-19 pandemic brought the economy to a crawl.Royal Bank senior economist Nathan Janzen said Thursday that the economic data will also likely get significantly worse in April with containment measures in place for the entire month.“Beyond that, we could see some improvement in May already with social/distancing measures easing in spots, but the drop in activity in March and April is still likely to be staggering, and entirely unprecedented in modern measured economic data,'' Janzen wrote in a brief note.Statistics Canada reported Thursday manufacturing sales fell 9.2% to $50.8 billion in March, the lowest level since June 2016, as factories shut down due to the COVID-19 pandemic or faced sharply lower demand.The average estimate by economists was for a drop of 5.7%, according to financial markets data firm Refinitiv.In volumes terms, manufacturing sales fell 8.3%.Sales fell in 17 of 21 industries led by the transportation equipment industry which plunged 26.5% in March as Canadian auto assembly plants and several parts suppliers in North America cut production.