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CSA issues guidance as banks and insurers get court order to hold online AGMs
TORONTO — Canada's securities regulators suggests companies don't have to resend proxy-related materials to shareholders if they plan to move annual meetings online because of COVID-19.
Mar 20, 2020 12:56 PM
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Historian Niall Ferguson warns of contagion, online and off
NEW YORK — Historian Niall Ferguson has a knack for timing his TV projects. He debuted his examination of the global financial system in “The Ascent of Money” just as the 2008 economic crisis was hitting.
Mar 20, 2020 12:42 PM
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Income tax filing deadline moved to July 15 from April 15
WASHINGTON — The income tax filing date has been pushed back from April 15, to July 15, Treasury Secretary Steven Mnuchin said.
Mar 20, 2020 11:54 AM
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Walmart Canada to hire 10,000 workers and introduce other measures amid COVID-19
TORONTO — Walmart Canada says it will hire 10,000 more employees to work in its stores and distribution centres as it deals with issues related to COVID-19.
Mar 20, 2020 11:50 AM
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Ekati Diamond Mine shut down to prevent spread of COVID-19 to staff, communities
CALGARY — Canada's oldest diamond mine is being shut down to protect workers and local communities from the spread of the COVID-19 pandemic.
Mar 20, 2020 10:59 AM
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US home sales jumped to 13-year high before viral outbreak
WASHINGTON — U.S. home sales jumped in February to their highest level in 13 years, a trend that will almost certainly be reversed as people stop showing their property out of fear of infection in the coronavirus outbreak.
Mar 20, 2020 10:47 AM
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Statistics Canada says auto sector and gasoline boosted retail sales in January
OTTAWA — Statistics Canada says retail sales rose 0.4 per cent to $52.0 billion in January, prior to the economic impact of unprecedented efforts to deal with the COVID-19 virus. Sales at motor vehicle and parts dealers rose 1.
Mar 20, 2020 9:36 AM
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American Hotel Income Properties moves to cut operationg costs, suspends payouts
VANCOUVER — American Hotel Income Properties REIT LP is suspending its cash payouts to investors and moving to cut costs in an effort to preserve cash during the disruption caused by COVID-19.
Mar 20, 2020 8:19 AM
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Ski-Doo maker BRP suspends dividend to preserve financial flexibility
VALCOURT, Que. — BRP Inc. beat profit expectations for its fourth quarter, but suspended its dividend in an effort to preserve its financial flexibility as it deals with the issues related COVID-19.
Mar 20, 2020 7:38 AM
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Worries lie ahead for Canadians faced with financial uncertainty in COVID-19 pandemic
TORONTO — When it comes to her family's financial future, Kim Petrie says the arrival of the COVID-19 pandemic has erased any certainty about what lies ahead.
Mar 20, 2020 4:00 AM
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