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Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Fiscal update Finance Minister Chrystia Freeland is expected to deliver a long-awaited update on the health of federal finances on Monday.
S&P/TSX composite index rises as loonie jumps above 77 cents US

S&P/TSX composite index rises as loonie jumps above 77 cents US

TORONTO — Canada's main stock index crept higher on Friday as the loonie popped above 77 cents in afternoon trading. The S&P/TSX composite index was up 45.22 points at 17,396.56. The Canadian dollar traded for 77.01 cents US compared with 76.
Sobeys brings back hero pay for Manitoba, Toronto, Peel workers as COVID cases rise

Sobeys brings back hero pay for Manitoba, Toronto, Peel workers as COVID cases rise

STELLARTON, N.S. — Sobeys says it is bringing back pay premiums for staff in locations where COVID-19 lockdowns are in effect.
Issa Rae urges participation in Small Business Saturday

Issa Rae urges participation in Small Business Saturday

LOS ANGELES — With many small businesses struggling to hold on during the coronavirus pandemic, Issa Rae believes now is the time to support independent stores more than ever.
Air Canada pilots approve new contract as carrier looks to grow cargo business

Air Canada pilots approve new contract as carrier looks to grow cargo business

MONTREAL — Air Canada pilots have ratified changes to their contract that will help the carrier grow its cargo business, as airlines scramble to minimize the pandemic’s toll on their bottom lines.
Growth investing needed as pandemic wanes, says former BoC governor David Dodge

Growth investing needed as pandemic wanes, says former BoC governor David Dodge

LAKE LOUISE, Alta. — Canada must shift its attention to investing for economic growth as the world recovers from the COVID-19 pandemic downturn over the next few years, says former Bank of Canada governor David Dodge.
Minnesota tribes file to halt pipeline approval due to virus

Minnesota tribes file to halt pipeline approval due to virus

Two Native American tribes in northern Minnesota are asking state regulators to stop the imminent construction of Enbridge Energy's Line 3 crude oil pipeline replacement, saying it would increase the risk of coronavirus infections spreading.
US agency investigating Tesla front suspension failures

US agency investigating Tesla front suspension failures

DETROIT — The U.S. government's road safety agency is investigating complaints that suspensions can fail on nearly 115,000 Tesla electric vehicles.
Disney to lay off 4,000 more at California, Florida parks

Disney to lay off 4,000 more at California, Florida parks

ORLANDO, Fla. — The Walt Disney Co. announced plans to lay off 4,000 more workers in its theme parks division in California and Florida due to the COVID-19 pandemic's effect on the industry. The announcement by the company was made in a U.S.
Rogers Centre owner pauses plans for Toronto Blue Jays' stadium amid pandemic

Rogers Centre owner pauses plans for Toronto Blue Jays' stadium amid pandemic

TORONTO — Rogers Communications Inc. says it was exploring the future of its Toronto stadium before the COVID-19 pandemic hit, but the virus has caused it to put those plans on hold.