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Eric Martel leaving Hydro-Quebec to become president, CEO of Bombardier
MONTREAL — Bombardier Inc. is replacing chief executive Alain Bellemare as it moves ahead with its new focus on business jets.
Mar 11, 2020 10:58 PM
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Boeing sees 2020 as challenging as any year in recent past
Boeing is painting a sobering picture for its business in 2020.
Mar 11, 2020 6:58 PM
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UK interest rates cut, funds freed up to ease virus impact
LONDON — Britain took bold steps on Wednesday to cushion the economic shock of the coronavirus outbreak, as the government announced a 30 billion-pound ($39 billion) stimulus package and the Bank of England slashed its key interest rate to a record l
Mar 11, 2020 6:57 PM
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Report sounds alarm over truck driver shortage as job vacancies rise
MONTREAL — Canada's truck driver shortage has reached new heights, with job vacancies more than doubling since 2016, a new report says. A shortage of more than 20,000 drivers has hampered truck company expansions and hurt sales, costing nearly $3.
Mar 11, 2020 5:29 PM
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Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (14,270.09, down 688 points). Cenovus Energy Inc. (TSX:CVE). Energy. Down nine cents, or 2.12 per cent, to $4.16 on 23.
Mar 11, 2020 5:22 PM
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Birchcliff joins Seven Generations and MEG in cuts to 2020 capital spending
CALGARY — Players in Canada's oilpatch are continuing to cut capital spending plans in the wake of this week's sharp plunge in oil prices. After markets closed Wednesday, Birchcliff Energy Ltd.
Mar 11, 2020 5:18 PM
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Toronto stock market and Dow cross into bear markets after pandemic declared
TORONTO — Canada's main stock index crossed into bear market territory Wednesday in the wake of the World Health Organization declaring the COVID-19 outbreak a pandemic. The S&P/TSX composite index closed down 688 points or 4.
Mar 11, 2020 5:16 PM
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Air Canada cancels order for 11 Boeing 737 Max jets amid ongoing questions
MONTREAL — Air Canada is cancelling an order for 11 Boeing 737 Max aircraft amid ongoing production delays to the grounded jet, which continues to face questions around its safety.
Mar 11, 2020 4:22 PM
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Event organizers weigh 'difficult' decisions to continue amid COVID-19 fears
TORONTO — The Metro Toronto Convention Centre should have been bustling Wednesday with guests at a two-day retail, marketing and technology conference, but the event's plans changed with news that a Sudbury man who visited the venue last week had con
Mar 11, 2020 4:12 PM
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'60 Minutes' tops television ratings with coronavirus report
NEW YORK — There's only one television show that can stand atop the weekly ratings and say it did the same thing more than 40 years ago.
Mar 11, 2020 2:13 PM
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