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US home sales jumped to 13-year high before viral outbreak
WASHINGTON — U.S. home sales jumped in February to their highest level in 13 years, a trend that will almost certainly be reversed as people stop showing their property out of fear of infection in the coronavirus outbreak.
Mar 20, 2020 8:47 AM
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Statistics Canada says auto sector and gasoline boosted retail sales in January
OTTAWA — Statistics Canada says retail sales rose 0.4 per cent to $52.0 billion in January, prior to the economic impact of unprecedented efforts to deal with the COVID-19 virus. Sales at motor vehicle and parts dealers rose 1.
Mar 20, 2020 7:36 AM
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American Hotel Income Properties moves to cut operationg costs, suspends payouts
VANCOUVER — American Hotel Income Properties REIT LP is suspending its cash payouts to investors and moving to cut costs in an effort to preserve cash during the disruption caused by COVID-19.
Mar 20, 2020 6:19 AM
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Ski-Doo maker BRP suspends dividend to preserve financial flexibility
VALCOURT, Que. — BRP Inc. beat profit expectations for its fourth quarter, but suspended its dividend in an effort to preserve its financial flexibility as it deals with the issues related COVID-19.
Mar 20, 2020 5:38 AM
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Worries lie ahead for Canadians faced with financial uncertainty in COVID-19 pandemic
TORONTO — When it comes to her family's financial future, Kim Petrie says the arrival of the COVID-19 pandemic has erased any certainty about what lies ahead.
Mar 20, 2020 2:00 AM
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NewsAlert: Air Canada laying off more than 5,000 workers amid COVID-19 pandemic
MONTREAL — A union official says Air Canada is laying off more than 5,000 flight attendants as the country's largest airline cuts routes and parks planes due to the COVID-19 pandemic.
Mar 19, 2020 10:47 PM
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Asian stocks rise after Wall Street gains on aid hope
BEIJING — Asian stock markets were mostly higher Friday after modest Wall Street gains on hopes government and central bank action can shield the world economy from a looming global recession caused by the coronavirus pandemic.
Mar 19, 2020 9:49 PM
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Local health unit reports Ontario's second COVID-19 death as cases spike
TORONTO — A local health unit reported a second death in Ontario linked to COVID-19 on Thursday, saying it may be a case of community transmission, as the premier strongly urged people to practise social distancing and self-isolation.
Mar 19, 2020 8:57 PM
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Cirque du Soleil lays off 95 per cent of workforce amidst coronavirus shutdown
MONTREAL — Cirque du Soleil has announced company-wide layoffs as COVID-19 continues to hurt the economy.
Mar 19, 2020 6:56 PM
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Sunwing offers free seats on repatriation flights to stranded Canadians
TORONTO — Sunwing Airlines Ltd. is offering vacant seats on its repatriation flights free of charge to any Canadians stranded in sun-kissed parts of the hemisphere, including to non-Sunwing customers.
Mar 19, 2020 5:27 PM
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