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Canadian Natural cuts spending, salaries as more producers trim capital plans

Canadian Natural cuts spending, salaries as more producers trim capital plans

CALGARY — Oilsands giant Canadian Natural Resources Ltd. is joining a lengthening list of oilpatch players who are cutting 2020 capital spending due to the COVID-19 pandemic and plunging oil prices.
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North American stock markets plunge as oil tanks and loonie nose dives

North American stock markets plunge as oil tanks and loonie nose dives

TORONTO — North American stock indexes plunged, crude oil prices tanked and the loonie fell to a five-year low as COVID-19 fears continued to rattle markets.
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Ikea, Roots join other retailers in closing doors due to COVID-19 outbreak

Ikea, Roots join other retailers in closing doors due to COVID-19 outbreak

More major Canadian retailers joined the effort to contain the novel coronavirus outbreak by temporarily closing their stores or tweaking operations with one grocery store chain reducing hours. Metro Inc.
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Officials in border city of Windsor, Ont., say closure is for the best

Officials in border city of Windsor, Ont., say closure is for the best

The federal government's decision to drastically limit traffic across the U.S-Canada border will be well worth the economic consequences if it helps curb the spread of the COVID-19 pandemic, officials for a major Ontario border city said Wednesday.
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Meet the companies quickly pivoting to serve Canada's COVID-19 needs

Meet the companies quickly pivoting to serve Canada's COVID-19 needs

TORONTO — Looking for a way to help amid an outbreak of the novel coronavirus sweeping across Canada, Toronto-based Spirit of York Distillery Co. didn't have to go very far.
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Most actively traded companies on the TSX

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (11,721.42, down 963.79 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down 15 cents, or 25 per cent, to 45 cents on 44.
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Fraudulent COVID-19 emails specifically target Canadians, security firm says

Fraudulent COVID-19 emails specifically target Canadians, security firm says

TORONTO — Cybersecurity experts are renewing their warnings that the COVID-19 crisis is a huge opportunity for criminals to take advantage of confusion as people are forced to work away from the office. A U.S.
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Canadian banks move to help customers, allow deferral of mortgage payments

Canadian banks move to help customers, allow deferral of mortgage payments

TORONTO — Canada's big banks are trying to give Canadians more financial breathing room with a slew of measures aimed at helping customers hurt by an outbreak of a novel coronavirus.
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CIBC chief executive Victor Dodig compensation down last year compared with 2018

CIBC chief executive Victor Dodig compensation down last year compared with 2018

TORONTO — The chief executive of Canadian Imperial Bank Of Commerce saw his total compensation last year decline compared with 2018.
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Retailers face pressure to close doors amid coronavirus containment efforts

Retailers face pressure to close doors amid coronavirus containment efforts

Retailers choosing to remain open amid the novel coronavirus outbreak are facing pressure from the public and their employees to join a slew of companies that have shuttered their doors in an effort to help flatten the curve. TJX Companies Inc.
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