Events

Ontario is extending a line of credit of up to $500 million to its lottery and gaming agency.

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.

Canada's national environment agenda is the latest thing to be upended by the COVID-19 pandemic, as plans for both beefing up national climate targets and banning some plastics are likely to be delayed.Environment Minister Jonathan Wilkinson told The Canadian Press this week that the government remains firmly committed to its environmental promises, which were a key part of the Liberal 2019 re-election campaign.

The 2020 NACS Show is moving forward as scheduled and the global event will take place October 11-14 in Las Vegas at the Las Vegas Convention Center.

Convenience Industry Council of Canada president and CEO Anne Kothawala joins Tony Chapman on his Chatter that Matters podcast to discuss the essential role of convenience during COVID-19.

The 23rd World Petroleum Organizing Committee is moving ahead with plans to host the event in Texas at the end of the year.

Coca-Cola's global volume tumbled 25% in April as the coronavirus pandemic gripped large swaths of the world population.

Restaurants Canada estimates that 800,000 foodservice jobs have already been lost nationwide due to COVID-19 and might not return if current conditions continue.Canada’s $93 billion foodservice industry represents 4% of the country’s GDP and many run in tandem or share sites with c-stores and gas stations.Nearly 10% of the country’s restaurants have already closed permanently, and many more might close by the end of April if conditions don’t improve.With businesses now struggling to pay rent and other bills due in April, the national association has conducted a survey to shed light on the state of the industry.