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Saskatchewan reports 50 new COVID-19 cases, 44 in 'one communal living setting'

Saskatchewan reports 50 new COVID-19 cases, 44 in 'one communal living setting'

REGINA — Saskatchewan is reporting 50 new cases of COVID-19. The government says 44 of the infections are from what it calls "one communal living setting" in the north.
Nova Scotia moves from surplus to $853-million deficit due to pandemic

Nova Scotia moves from surplus to $853-million deficit due to pandemic

HALIFAX — After a thin $55-million surplus tabled in February's budget, COVID-19 costs have driven Nova Scotia's finances deep into the red, resulting in a $853-million deficit.
Plant closings send GM to 2Q loss, but signs of improvement

Plant closings send GM to 2Q loss, but signs of improvement

DETROIT — Even though General Motors was able to reopen its U.S. factories for the last half of the second quarter, the company still lost $806 million from April through June.
Henry's gets court approval to restructure family owned camera retail chain

Henry's gets court approval to restructure family owned camera retail chain

TORONTO — Camera store chain Henry's says it has received court approval to restructure after more than a century of operations as it tries to survive in a post-pandemic world.
US is expected to report a record-breaking economic plunge

US is expected to report a record-breaking economic plunge

WASHINGTON — Having endured what was surely a record-shattering slump last quarter, the U.S. economy faces a dim outlook as a resurgent coronavirus intensifies doubts about any sustained recovery the rest of the year.
Privacy officials say LifeLabs has asked court to limit their breach report

Privacy officials say LifeLabs has asked court to limit their breach report

TORONTO — Two of Canada's provincial privacy officers say that they're still unable to release a full report about last year's security breach at LifeLabs because the company has gone to court to stop them.
Troubles abound, Boeing losses bloom to $2.4 billion in 2Q

Troubles abound, Boeing losses bloom to $2.4 billion in 2Q

Boeing lost $2.4 billion in the second quarter and the company will slow production and cut more jobs as demand for commercial aircraft shrinks during the coronavirus pandemic.
South Korea-Japan trade fight moves to global dispute panel

South Korea-Japan trade fight moves to global dispute panel

GENEVA — World Trade Organization members on Wednesday created a dispute panel to rule on a complaint by South Korea against Japan over restrictions on exports to Korea of products used in semiconductors, mobile phone displays and television displays
Prolonged oil industry slump leads to third cut in Canadian drilling forecast

Prolonged oil industry slump leads to third cut in Canadian drilling forecast

CALGARY — The Petroleum Services Association of Canada is cutting its 2020 Canadian drilling forecast for a third time as the industry remains mired in a slump expected to extend well into the second half of the year.
Aphria posts $98.8 million net loss in Q4, missing analyst estimates

Aphria posts $98.8 million net loss in Q4, missing analyst estimates

Canadians may have clamoured to snatch up cannabis products as COVID-19 ravaged the country, but the demand was not enough to keep Aphria Inc. from incurring a multimillion-dollar loss and impairment charge. The Leamington, Ont.