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COVID-19 measures give temporary reprieve from growing insolvency, association says
OTTAWA — Consumer insolvencies are expected to spike in the wake of the COVID-19 pandemic despite a reprieve in the number of filings in March.
May 11, 2020 11:52 AM
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SSR Mining Inc. and Alacer Gold Corp. to merge in all-stock transaction
VANCOUER, B.C. — SSR Mining Inc. and Alacer Gold Corp. have signed a deal to merge operations. Under the all-stock deal, Alacer shareholders will receive 0.3246 SSR Mining shares for each Alacer share held. The exchange ratio implies a value of $8.
May 11, 2020 9:38 AM
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WestJet extends flight cancellations into July as COVID-19 keeps passenger loads low
CALGARY — WestJet says it is extending many flight cancellations into early July as it continues to deal with record-low passenger numbers due to COVID-19.
May 10, 2020 6:14 PM
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Army & Navy closes stores after 101 years in business, cites COVID-19
VANCOUVER — Family-owned Army & Navy says it has become a victim of the COVID-19 pandemic and will permanently close its department stores after 101 years in business in Western Canada.
May 10, 2020 3:18 PM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: What we're buying Statistics Canada will release a report on Canadian grocery sales up to April 11 on Monday.
May 10, 2020 8:00 AM
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Work-from-home success changing Calgary office use assumptions, CEOs say
CALGARY — Work-from-home measures taken to control the spread of the COVID-19 pandemic are challenging long-held assumptions about how Canada's oil and gas sector should provide and care for its office workers.
May 10, 2020 8:00 AM
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Huge job losses in B.C. indicate a 'hard road ahead': finance minister
VANCOUVER — The retail, food and restaurant sectors are calling for more help in the wake of new job numbers that show B.C. lost about 264,000 jobs in April.
May 8, 2020 5:28 PM
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Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (14,966.56, up 132.87 points.) Freegold Ventures Ltd. (TSX:FVL). Materials. Up 11 cents, or 47.
May 8, 2020 3:31 PM
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North American stock markets climb to end the week despite dismal jobs numbers
TORONTO — North American stock markets marched higher to end the week despite historically bad jobs numbers resulting from the COVID-19 pandemic. The S&P/TSX composite index closed up 132.87 points at 14,966.56 to end the week 2.
May 8, 2020 3:22 PM
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Postmedia seeks at least $20.3 million in COVID-related emergency wage subsidies
TORONTO — Postmedia Network Canada Corp. expects to qualify for at least $20.3 million in COVID-related emergency wage subsidies from the federal government, the owner of Canada's largest newspaper chain said Friday.
May 8, 2020 3:10 PM
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