CTV News | Business News - Financial News Updates

Storefronts in Ottawa's Glebe neighbourhood are reflected in a sign indicating the temporary closure of a business to prevent the spread of COVID-19, on Tuesday, March 24, 2020. THE CANADIAN PRESS/Justin Tang

Pattie Lovett-Reid: Government aid wasn't a free ride for small business owners

Filing taxes this year may be more complicated than in years past for Canadian small business owners who received government aid during the pandemic, CTV News' Chief Financial Commentator Pattie Lovett-Reid writes in her blog for CTVNews.ca. 1

Keystone Steele City pumping station in Steele City, Neb., on Nov. 3, 2015. (Nati Harnik / THE CANADIAN PRESS / AP)

TC Energy decarbonization response to Keystone setback unlikely to sway ESG investors

Sustainable investing experts say TC Energy Corp.'s plan to decarbonize the Keystone XL pipeline is unlikely to save its fortunes, as a growing movement to divest from fossil fuels gains political clout.

In this Oct. 16, 2014, file photo, a screen at a trading post on the floor of the New York Stock Exchange is juxtaposed with the Goldman Sachs booth. (THE CANADIAN PRESS / Richard Drew)

Goldman Sachs' profits more than double, despite pandemic

Goldman Sachs said its profits more than doubled from a year earlier thanks to a surge in both trading and advising revenue.

Wattpad to be sold to South Korean internet giant for US$600 million

One of Canada's most prominent technology darlings is being sold to a South Korean internet conglomerate in a US$600-million deal.

This June 24, 2015, file photo, shows the Netflix Apple TV app icon, in South Orange, N.J. Netflix reports financial results on Monday, April 18, 2016. (AP Photo/Dan Goodman, File)

Netflix's big 4Q lifts video service above 200M subscribers

Netflix's video streaming service has surpassed 200 million subscribers for the first time as its expanding line-up of TV series and movies continues to captivate people stuck at home during the ongoing battle against the pandemic.

In this March 30, 2020 file photo, My Pillow CEO Mike Lindell speaks as U.S. President Donald Trump listens during a briefing about the coronavirus in the Rose Garden of the White House, in Washington. (AP Photo/Alex Brandon, File)

Stores drop MyPillow after CEO pushes election conspiracies

The founder of MyPillow, a vocal and in the past few weeks very visible supporter of U.S. President Donald Trump, says a backlash against the company has begun after a mob stormed the U.S. Capitol this month.

Premier Scott Moe speaks in a year-end interview with The Canadian Press correspondent Stephanie Taylor (not pictured) in the cabinet room at the Legislative Building in Regina on Tuesday Dec. 15, 2020. THE CANADIAN PRESS/Michael Bell

Prairie premiers urge Biden to reconsider axing Keystone XL pipeline

Alberta Premier Jason Kenney and Saskatchewan Premier Scott Moe are urging U.S. President-elect Joe Biden to meet with Canadians and reconsider his reported decision to cancel the Keystone XL pipeline quickly after taking office. 9

'Show Canada the respect': Kenney asks Biden to hear case for Keystone XL

Alberta Premier Jason Kenney is urging United States President-elect Joe Biden to reconsider his reported decision to block the Keystone XL pipeline extension when he takes office on Wednesday. 11

Statistics Canada building and signs are pictured in Ottawa on July 3, 2019. THE CANADIAN PRESS/Sean Kilpatrick

Statistics Canada says wholesale sales rose in November, manufacturing sales down

Canadian wholesale sales grew for the seventh consecutive month in November to hit a record high, while manufacturing sales fell for the month.

Mirafiori headquarters in Turin, Italy, on Jan. 18, 2021. (Marco Alpozzi / LaPresse via AP)

Stellantis CEO: New company will protect jobs and brands

The CEO of Stellantis, the carmaker created from the merger of PSA Peugeot and Fiat Chrysler, said Tuesday that the tie-up will help preserve jobs, factories and the 14 storied brands as billions in annual savings are achieved.

People walk by an electronic stock board of a securities firm showing Japan's Nikkei 225 index in Tokyo, Wednesday, Nov. 25, 2020. (AP Photo/Koji Sasahara)

Energy pushes S&P/TSX composite up as TC Energy shares rebound after Keystone worries

Canada's main stock index move higher Tuesday on the strength of the energy sector, which recovered as TC Energy bounced back from a sell-off over prospects for the Keystone XL pipeline.