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Bank of Canada pumps $7B, expands bond buy-backs to ease economic concerns

Bank of Canada pumps $7B, expands bond buy-backs to ease economic concerns

OTTAWA — The Bank of Canada says it is providing $7 billion to the country's banking system and expanding its bond buy-back program.
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Broadway shuts its doors over ongoing coronavirus concerns

Broadway shuts its doors over ongoing coronavirus concerns

New York's governor ordered all Broadway theatres to shut their doors in the face of ongoing coronavirus concerns, plunging into darkness one of the city's most popular tourist attractions and causing turmoil in the run-up to the Tony Awards. Gov.
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Fast and Furious film, 'Mulan' postponed due to virus

Fast and Furious film, 'Mulan' postponed due to virus

LOS ANGELES — The Walt Disney Co. officially postponed the theatrical release of “Mulan," while Universal Pictures moved back the release of the ninth Fast and Furious film by a year amid the coronavirus outbreak.
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Broadway shuts its doors over ongoing coronavirus concerns

Broadway shuts its doors over ongoing coronavirus concerns

New York's governor ordered all Broadway theatres to shut their doors in the face of ongoing coronavirus concerns, plunging into darkness one of the city's most popular tourist attractions and causing turmoil in the run-up to the Tony Awards. Gov.
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Fear grips investors as North American stock markets plunge, loonie down

Fear grips investors as North American stock markets plunge, loonie down

Major North American indexes continued to plunge Thursday as news of large-scale cancellations failed to ease investors' concerns about the spread of the novel coronavirus pandemic.
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Transat bookings drop as COVID-19 deters would-be travellers, yanking down stock

Transat bookings drop as COVID-19 deters would-be travellers, yanking down stock

MONTREAL — Travel company Transat AT Inc. has seen daily bookings drop off since late February, with a steep year-over-year decline this month as travel fears spread with COVID-19.
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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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (12,508.45 points, down 1,761.64 points). Bombardier Inc. (TSX:BBD.B). Industrials. Down 19 cents, or 22.89 per cent, to $0.64 on 29.
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Miner Teck Resources vows to cut carbon intensity by a third in the next decade

Miner Teck Resources vows to cut carbon intensity by a third in the next decade

VANCOUVER — Teck Resources Ltd. is doubling down on its greenhouse gas emissions targets, announcing it will aim to reduce carbon intensity in its operations by 33 per cent over the next 10 years.
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New Bombardier CEO faces financial juggling act as recession looms

New Bombardier CEO faces financial juggling act as recession looms

MONTREAL — Bombardier Inc.'s new CEO comes on board as the debt-laden plane-and-train maker faces a new future as a pure-play producer of business jets, a cyclical industry bracing for a potential economic storm.
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Quebecor says fourth-quarter profit up from year ago, raises dividend 78 per cent

Quebecor says fourth-quarter profit up from year ago, raises dividend 78 per cent

MONTREAL — Quebecor Inc.'s quarterly dividend will rise 78 per cent with its next payment to shareholders in April, the company announced Thursday along with a higher fourth-quarter profit and adjusted earnings that beat analyst estimates.
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