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North American stock markets climb on optimism about economic re-openings
TORONTO — North American stock markets moved higher midweek on optimism surrounding economic reopenings following a two-month lockdown. Investor sentiment also drove up crude oil prices again which helped to support the Toronto stock market.
May 20, 2020 3:38 PM
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Aurora to enter U.S. market with $40 million of acquisition of CBD brand Reliva
EDMONTON — Aurora Cannabis Inc. says it is entering the U.S. market by acquiring hemp-based cannabidiol company Reliva LLC.
May 20, 2020 3:10 PM
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Repair services expect spike in customers, warn of delays and changes to stores
TORONTO — Canadian technology and repair shops are anticipating a steady stream of customers lugging computers, phones and other devices as they open more of their stores.
May 20, 2020 1:43 PM
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Former Molson chief executive Daniel O'Neill has died at 68, company says
The former head of Molson, who was "instrumental in the historic merger" that created Molson Coors, has died unexpectedly at the age of 68.
May 20, 2020 12:52 PM
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A perfect fit? Customers need to navigate new norms in clothing stores
Shopping for clothes used to be a relatively simple process three months ago: walk into a store, try on a number of items, buy what you want, leave the rest.
May 20, 2020 12:44 PM
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Annual inflation rate turned negative in April, Statistics Canada reports
OTTAWA — Canada's inflation rate turned negative in April as the economy came to a standstill in the first full month of the pandemic as part of a spending shift that a top central banker says may signal further changes in consumption patterns post-C
May 20, 2020 12:20 PM
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TC Energy joins pumped hydro power storage project at retired coal mine site
CALGARY — Developers of a stored hydroelectric power project to be built next to a retired open pit coal mine east of Jasper National Park have enlisted TC Energy Corp. as a partner. Kipp Horton, CEO of Calgary-based WindRiver Power Corp.
May 20, 2020 11:38 AM
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Lowe's Canada retail network hurt by COVID-19 pandemic during first quarter
MONTREAL — Lowe's Canadian operations, which include the Rona and Reno-Dept banners, continued to underperform those of the American network during the first quarter, as the effects of the COVID-19 pandemic were felt.
May 20, 2020 11:02 AM
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Big box rules: Target's online push readied it for pandemic
NEW YORK — Online sales at Target more than doubled as the pandemic put millions in lockdown during the first quarter, revealing further the critical role big box stores played in getting supplies to an immobilized population.
May 20, 2020 9:32 AM
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Royal Caribbean loses $1.4 billion in first quarter
NEW YORK — Royal Caribbean lost $1.4 billion in the first quarter after the coronavirus forced its entire fleet to port. Wall Street, however, overlooked the massive loss Wednesday, focusing instead on bookings for next year.
May 20, 2020 9:32 AM
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