National Business

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.

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.

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.

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

VICTORIA — British Columbia government has loosened eligibility requirements for small and medium-sized businesses applying for grants to survive the COVID-19 pandemic.

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.

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

OTTAWA — Federal Transport Minister Marc Garneau is directing the Canadian Transportation Agency to strengthen rules that require airlines to refund passengers for cancelled flights.

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.

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.