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Chartwell Retirement Residences withdraws guidance for 2020 due to pandemic

Chartwell Retirement Residences withdraws guidance for 2020 due to pandemic

MISSISSAUGA, Ont. — Chartwell Retirement Residences is withdrawing its 2020 outlook due to the uncertainty surrounding the COVID-19 pandemic.
US relief checks begin arriving as economic damage piles up

US relief checks begin arriving as economic damage piles up

WASHINGTON — Government relief checks began arriving in Americans’ bank accounts as the economic damage to the U.S.
Manitoba politicians approve new emergency powers in reduced legislature

Manitoba politicians approve new emergency powers in reduced legislature

WINNIPEG — The Manitoba government is adopting new emergency powers and stiffer penalties to deal with the COVID-19 pandemic and other public health crises. It's also preparing to spend a lot more money.
Horgan says B.C. data will show success in flattening the COVID-19 curve

Horgan says B.C. data will show success in flattening the COVID-19 curve

VICTORIA — Premier John Horgan says people in British Columbia should congratulate themselves for their efforts to flatten the COVID-19 curve, but it's still too early to loosen restrictions. Horgan said Wednesday that B.C.
Fed notes what most Americans see: A sharp economic downturn

Fed notes what most Americans see: A sharp economic downturn

WASHINGTON — The Federal Reserve is noting what most Americans are already acutely aware of: Economic activity contracted sharply and abruptly cross all regions of the country in recent weeks as the country locked down to combat the coronavirus pande
Apple rolls out cheaper iPhone as pandemic curbs spending

Apple rolls out cheaper iPhone as pandemic curbs spending

NEW YORK — Apple is releasing a new iPhone that will be vastly cheaper than the models it rolled out last fall when the economy was booming and the pandemic had yet to force people to rethink their spending.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (13,958.58, down 299.85 points.) Aphria Inc. (TSX:APHA). Health care. Up 24 cents, or 4.72 per cent, to $5.33 on 10.7 million shares.

BRP further tightens its belt with office layoffs after global production halt

BRP Inc. announced Wednesday it would temporarily lay off office workers as part of cost reduction measures prompted by the COVID-19 pandemic.
North American stock markets fall on ominous new signs about the economy

North American stock markets fall on ominous new signs about the economy

TORONTO — North American stock markets fell midweek on ominous new signs about the virus-weakened economy.
CREA says home sales fell in March compared with February as pandemic took hold

CREA says home sales fell in March compared with February as pandemic took hold

Canadian home sales nosedived in March as the COVID-19 pandemic began to take hold and caused both buyers and sellers to pull back. The Canadian Real Estate Association said Wednesday that home sales last month were down 14.