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Oilsands producers in the red as blended bitumen price dips below $4 per barrel
CALGARY — Oilsands producers are likely losing money or barely breaking even as prices for Western Canadian Select bitumen-blend crude dipped as low as US$3.82 per barrel on Monday, analysts said.
Mar 30, 2020 2:03 PM
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Major residential landlords signal flexibility for tenants in need
TORONTO — Some of Canada's biggest residential landlords say they're committed to working with tenants who have lost their job because of the novel coronavirus pandemic.
Mar 30, 2020 1:53 PM
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No adverse impacts from tritium spill at nuclear reactor, Bruce Power says
TORONTO — About 20 litres of heavy water containing radioactive tritium spilled in a weekend mishap at the nuclear plant near Kincardine, Ont., Bruce Power said on Monday.
Mar 30, 2020 1:50 PM
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Ontario court rules against CIBC in overtime class-action lawsuit
TORONTO — An Ontario Superior Court judge has ruled against the Canadian Imperial Bank of Commerce in an overtime class-action lawsuit filed more than a decade ago.
Mar 30, 2020 1:31 PM
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Some restaurateurs get rent relief, while others stress over April bills
Grace An nearly cried after the landlord for her downtown Toronto restaurant called with a compromise: pay half the roughly $5,000 rent in April and May, and pay back the other half over time when business, hopefully, returns to normal.
Mar 30, 2020 11:31 AM
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WestJet extends international flight suspensions into May amid COVID-19 pandemic
MONTREAL — WestJet Airlines Ltd. says it is cancelling all transatlantic and U.S. routes until May 4, extending its 30-day suspension by two more weeks. The Calgary-based company will offer no flights to the U.S.
Mar 30, 2020 10:51 AM
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Airline analysts unfazed by competition watchdog's warning about Air Canada deal
MONTREAL — The Competition Bureau's warning about Air Canada's proposed takeover of Transat AT Inc., which owns Air Transat, should be taken in context, analysts say.
Mar 30, 2020 10:20 AM
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Freshii delays financial results, cuts head office staff to reduce costs
TORONTO — Freshii Inc. is delaying the filing of its latest financial results as it deals with the COVID-19 pandemic and its impact on its restaurants and franchise partners.
Mar 30, 2020 9:13 AM
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Palliser Furniture temporarily laying off workers, closing Winnipeg facility
WINNIPEG — Palliser Furniture Ltd. is temporarily laying off 72 per cent of its workforce as it closes its Winnipeg facility for two weeks and looks to do the same at its Mexican facilities in the coming weeks.
Mar 30, 2020 8:55 AM
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Parkland Fuel drains$300M from budget to deal with COVID-19 demand impact
CALGARY — Parkland Fuel Corp. is cutting its 2020 capital spending budget by 52 per cent and trimming executive salaries in response to the uncertain economic impact of the novel coronavirus.
Mar 30, 2020 8:55 AM
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