National Business

MONTREAL — Saputo Inc. believes the COVID-19 pandemic may present "great opportunities" for mergers and acquisitions, though travel restrictions present some difficulty in finalizing any possible deals, the chief executive said.

Bombardier Inc. says it will temporarily lay off 196 employees working on regional transit services in the Greater Toronto Area due to a steep decline in ridership numbers amid the COVID-19 pandemic.

TORONTO — A cyberattack on the Chartered Professional Accountants of Canada website has affected the personal information of more than 329,000 members and stakeholders, the organization said.

ST. JOHN'S, N.L.

Lucky Paras didn't have to live up to his name to get his money back from an airline. He just approached the problem from a different angle.

HALIFAX — Businesses such as bars, restaurants and barber shops are poised to reopen Friday across Nova Scotia, after being closed for nearly three months because of COVID-19 restrictions.

FRANKFURT — The European Central Bank has boosted its pandemic emergency support program by an unexpectedly large 600 billion euros to 1.35 trillion euros ($1.

WASHINGTON — The U.S. trade deficit hit the highest level in eight months in April. Exports and imports both posted record monthly drops as the coronavirus pandemic smothered America's commerce with other countries. The gap between what the U.S.

OTTAWA — Canadian exports posted a record drop as they fell to their lowest level in more than a decade and the country's merchandise trade deficit in April swelled to more than double compared with March.

CALGARY — Former Bank of Canada governor Stephen Poloz has been appointed to the board of directors at pipeline company Enbridge Inc. Poloz retired as the head of the Canada's central bank on Tuesday.