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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 (15,192.83, down 69.90 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down 3.5 cents, or 7.29 per cent, to 44.
May 29, 2020 3:32 PM
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Crude has best month on record in May as prices surge 88 per cent
TORONTO — Canada's oil patch has little to celebrate even though crude oil prices concluded their best ever month. The price of West Texas Intermediate surged 88 per cent in May as it gained 5.2 per cent Friday to reach US$35.47 per barrel.
May 29, 2020 3:25 PM
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Torstar buyer says Canso picked to provide financing because of media experience
TORONTO — A private investment company that is a major backer of Postmedia Network Corp. has agreed to provide financing for NordStar Capital's acquisition of Torstar Corp., the owner of the Toronto Star and other newspapers.
May 29, 2020 3:17 PM
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CannTrust Holdings greenhouse licenses reinstated, plans restart of operations
VAUGHAN, Ont. — CannTrust Holdings Inc. says Health Canada has reinstated its licences for its greenhouse in Niagara and that it will immediately restart operations.
May 29, 2020 9:27 AM
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Canopy Growth reports $1.3B fourth-quarter loss, hits reset on strategic focus
Canopy Growth Corp. is rethinking its first-to-every-market strategy after reporting a $1.3-billion loss in its fourth quarter. The Smith Falls, Ont.
May 29, 2020 8:51 AM
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Twitter adds 'glorifying violence' warning to Trump tweet
WASHINGTON — Twitter has added a warning to one of President Donald Trump's tweets about protests in Minneapolis, saying it violated the platform's rules about “glorifying violence.
May 29, 2020 8:03 AM
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Laurentian Bank Financial Group reports Q2 profit down, cuts quarterly dividend
MONTREAL — Laurentian Bank Financial Group reported its second-quarter profit fell nearly 80 per cent from a year ago and it cut its dividend in a move to give it more flexibility during the COVID-19 pandemic.
May 29, 2020 7:49 AM
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CWB Financial reports Q2 profit down as provisions for credit losses soar
EDMONTON — CWB Financial Group reported its second-quarter profit fell compared with a year ago as the economy tanked due to the steps taken to slow the COVID-19 pandemic and its provisions for credit losses more than doubled.
May 29, 2020 4:47 AM
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StatCan expected to report GDP down nine per cent in March, 10 per cent in Q1
OTTAWA — Statistics Canada is expected to report today that economic growth swung negative in March and the first quarter as a whole due to the COVID-19 pandemic.
May 29, 2020 2:00 AM
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French carmaker Renault announces 15,000 job cuts worldwide
PARIS — Struggling French carmaker Renault on Friday announced 15,000 job cuts worldwide as part of a 2 billion-euro cost-cutting plan over three years.
May 29, 2020 12:52 AM
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