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Shoppers Drug Mart to test three medical clinics in Toronto area this year

Shoppers Drug Mart to test three medical clinics in Toronto area this year

TORONTO — Shoppers Drug Mart is opening medical clinics in Toronto where family physicians will be available to take on a roster of patients and accept appointments for walk-in services.
Companies test antibody drugs to treat, prevent COVID-19

Companies test antibody drugs to treat, prevent COVID-19

With a coronavirus vaccine still months off, companies are rushing to test what may be the next best thing: drugs that deliver antibodies to fight the virus right away, without having to train the immune system to make them.
CAE to lay off 350 employees — mostly in Canada — as Q1 revenue drops by a third

CAE to lay off 350 employees — mostly in Canada — as Q1 revenue drops by a third

MONTREAL, Ont. — CAE Inc. plans to lay off 350 employees before November, part of a restructuring program slated to cost $100 million following a loss of more than that in its latest quarter as revenue fell by a third.
Metro sales up more than 10% as Canadians eat at home; profit rises to $263.5M

Metro sales up more than 10% as Canadians eat at home; profit rises to $263.5M

Metro Inc. expects to continue to benefit from COVID-19 thanks to strong sales and decreasing coronavirus-related costs as the grocer recently ended its temporary wage bump for employees who worked through the early days of the pandemic.

Bonavista to be delisted from exchange after completing shares-for-debt deal

CALGARY — Bonavista Energy Corp. says it has completed a recapitalization plan that will result in a nickel-per-share payout for its shareholders and its delisting from the Toronto Stock Exchange.

Boston Fed chief: States' rush to reopen slowed US recovery

WASHINGTON — A top official at the Federal Reserve criticized the decision by many states to reopen businesses this spring before getting the virus fully under control, and said those choices have hindered an economic recovery in the U.S.
Australian oilfield buoys Total Energy Q2 report despite North American weakness

Australian oilfield buoys Total Energy Q2 report despite North American weakness

CALGARY — Shares in Total Energy Services Inc. are up after it reported a 68 per cent decline in revenue in the second quarter due to a near collapse in oilfield activity in North America but beat analyst estimates for adjusted income.
US consumer prices rose 0.6% in July, matching June uptick

US consumer prices rose 0.6% in July, matching June uptick

WASHINGTON — U.S. consumer prices jumped 0.6% in July as gasoline prices continued to rise. The Labor Department reported Wednesday that the increase last month in its consumer price index matched a 0.6% rise in June.
UK records deepest recession among top economies

UK records deepest recession among top economies

LONDON — Britain has suffered the deepest recession among the world’s top economies this year, shrinking by a fifth in the second quarter alone when much of the economy was mothballed as part of efforts to contain the coronavirus pandemic. The 20.
Former Starbucks Canada employee sues for unpaid OT on behalf of store managers

Former Starbucks Canada employee sues for unpaid OT on behalf of store managers

TORONTO — A former Starbucks Canada employee is suing the company for unpaid overtime for himself and other store managers.