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Grocery workers should be properly paid during pandemic, Trudeau says

Grocery workers should be properly paid during pandemic, Trudeau says

CHELSEA, Que. — Grocery store employees who continued to work during the COVID-19 pandemic are "heroes" and should be properly compensated, said Prime Minister Justin Trudeau Friday.
EU suspends probe into Air Canada-Transat deal pending more information

EU suspends probe into Air Canada-Transat deal pending more information

European Union regulators are suspending their investigation into Air Canada's proposed purchase of Transat AT pending the arrival of more data from the two Canadian travel companies.
Wirecard CEO quits after auditors can't find $2.1 billion

Wirecard CEO quits after auditors can't find $2.1 billion

FRANKFURT — The chief executive of German payment service provider Wirecard AG resigned on Friday after the company disclosed that auditors could not find 1.9 billion euros ($2.
Canadian crude-by-rail exports drop by half in April as fuel demand plunged

Canadian crude-by-rail exports drop by half in April as fuel demand plunged

Canadian exports of crude oil by rail dropped by more than half in April compared to March as North American fuel demand plunged due to measures taken to control the COVID-19 pandemic.
SNC-Lavalin to pay $1.9 million for rigging bids on Quebec municipal contracts

SNC-Lavalin to pay $1.9 million for rigging bids on Quebec municipal contracts

OTTAWA — SNC-Lavalin Inc. will pay Ottawa $1.9 million for rigging bids on municipal infrastructure contracts in Quebec as part of a federal settlement.

Quebec securities regulator charges trio over PlexCoin virtual currency scheme

MONTREAL — Quebec's securities regulator has filed civil charges against three residents over the illegal sale of virtual currency called PlexCoin.

Ontario not moving ahead with plan to cut workers statutory holidays

TORONTO — The head of Unifor says he has been assured by Ontario's premier that the province will not proceed with a plan to cut statutory holidays for retail workers.

Bonavista shares-for-debt proposal leaves existing shareholders with 7% stake

CALGARY — Oil and gas producer Bonavista Energy Corp. is proposing a deal with lenders that would eliminate about half of its outstanding debt but leave existing shareholders with only seven per cent of the company.
Statistics Canada says retail sales plunged 26.4 per cent in April

Statistics Canada says retail sales plunged 26.4 per cent in April

OTTAWA — Retail sales fell by more than a quarter in April due to the COVID-19 pandemic, but Statistics Canada said Friday that they regained some of the lost ground in May. The agency said retail sales plunged by a record 26.4 per cent to $34.
Do-it-yourselfers keep renovation sector hopping during COVID-19 pandemic

Do-it-yourselfers keep renovation sector hopping during COVID-19 pandemic

CALGARY — An army of Canadian do-it-yourselfers building fences, repairing decks and slapping thousands of litres of paint on weather-beaten siding have helped building centres across Canada escape the worst of the pandemic economic downturn.