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Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,169.20, down 130.09) Bombardier Inc. (TSX:BBD.B). Industrials. Up about two cents, or 3.33 per cent, to nearly $0.47 on 8.

Businesses could qualify for one more month of rent relief as program extended

OTTAWA — The government announced on Friday that the Canada Emergency Commercial Rent Assistance program has been extended once again, and will now cover a portion of August’s rent for businesses that qualify.
Q2 condo sales down 50 per cent from last year, but prices are up: TRREB

Q2 condo sales down 50 per cent from last year, but prices are up: TRREB

TORONTO — The Toronto Regional Real Estate Board says condominium apartment sales in the region have fallen by half since last year, with the average selling price is up.

NordStar gets court approval for Torstar deal after request for appeal denied

TORONTO — An appeals court has paved the way for NordStar Capital LP to purchase newspaper publisher Torstar Corp. for $60 million. Divisional Court Justice Michael Penny rejected a request today from rival bidder Canadian Modern Media Holdings Inc.
Toronto's main stock index falls more than 100 points on weak energy results

Toronto's main stock index falls more than 100 points on weak energy results

Toronto's main stock index shed more than 100 points to close the trading week as it was dragged down by the energy sector despite a boost to the price of oil. The S&P/TSX composite index fell 130.09 points to 16,169.
Oil giants lost billions as pandemic crushed demand for fuel

Oil giants lost billions as pandemic crushed demand for fuel

NEW YORK — Two American oil giants lost more than $9 billion in the second quarter as the pandemic kept households on lockdown, cutting a gaping hole into a once-thriving business as the need for oil diminished around the world. Exxon lost $1.
EU clears Alstom's acquisition of Bombardier rail unit

EU clears Alstom's acquisition of Bombardier rail unit

BRUSSELS — The European Commission has given its go-ahead to the acquisition of the rail business of Canadian engineering firm Bombardier by French train maker Alstom.
Air Canada loses $1.75 billion as CEO demands looser travel restrictions

Air Canada loses $1.75 billion as CEO demands looser travel restrictions

MONTREAL — The head of Air Canada on Friday accused the federal government of imposing "one of the most severe aviation lockdown regimes in the world" and called for lighter travel restrictions after the airline suffered a $1.
Imperial Oil cautious on ramping up operations as it reports Q2 earnings miss

Imperial Oil cautious on ramping up operations as it reports Q2 earnings miss

CALGARY — The CEO of Imperial Oil Ltd. says the company will be cautious in ramping up spending despite a recovery in fuel demand following the collapse earlier this year amid the COVID-19 pandemic lockdowns.
Laura's Shoppe starts restructuring process after securing creditor protection

Laura's Shoppe starts restructuring process after securing creditor protection

MONTREAL — Laura's Shoppe (P.V.) Inc. says it has started a restructuring process under creditor protection amid the unprecedented challenges the retail industry has faced during the COVID-19 pandemic.