Page 4 - Conuma Resources News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The buyer, Conuma Resources, is a steelmaking coal producer based in northeast British Columbia, where the mine is located.

VANCOUVER — Teck Resources Limited says it has reached a deal to sell its closed Quintette steelmaking coal mine in northeast British Columbia to Conuma Resources Ltd.

Steelmaking coal producers in B.C. are facing some challenges right now, including logistical ones in the form of a strike at the Westshore coal terminal at Roberts Bank in Delta.

GoodLife Fitness has received a $310 million loan from the federal government. The funding comes from the Canada Enterprise Emergency Funding Corporation (CEEFC) and is being made under the Large Employer Emergency Financing Facility (LEEFF). The LEEFF provides loans to Canada’s largest employers, whose “needs during the pandemic are not being met through private market financing.” “It provides large Canadian employers with access to credit to preserve jobs and continue operations during this challenging period,” reads a statement from the CEEFC. GoodLife is Canada’s largest group...

Christopher Katsarov/The Canadian Press The federal government is extending $375-million in credit to Sunwing Vacations Inc. and Sunwing Airlines Inc., days after the airline agreed to suspend flights to Mexico and the Caribbean. Toronto-based Sunwing is among the four airlines cancelling flights to several vacation destinations until the end of April at Ottawa’s request. WestJet Airlines Ltd., Air Canada and Transat AT Inc. also agreed to cancel flights to many sun destinations. The drastic move is a bid to slow the spread of a new and more transmissible variant of COVID-19. The loan is be...