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Telus delays usual dividend increase amid COVID-19 but sees growth opportunities

Telus delays usual dividend increase amid COVID-19 but sees growth opportunities

VANCOUVER — Telus Corp. won't be raising its dividend until at least November because of the uncertain outcomes of the COVID-19 pandemic, chief executive Darren Entwistle told the company's virtual annual meeting Thursday.
Canadian Natural surprises by maintaining dividend while cutting spending

Canadian Natural surprises by maintaining dividend while cutting spending

CALGARY — Operating costs and production levels are set to fall at Canadian Natural Resources Ltd.
Nintendo marks profit jump as people stay home amid pandemic

Nintendo marks profit jump as people stay home amid pandemic

TOKYO — Japanese video-game maker Nintendo Co. scored a 33% jump in annual profit, as people stuck at home turn to playing games.
Execs say Bell well-positioned for eventual lifting of pandemic restrictions

Execs say Bell well-positioned for eventual lifting of pandemic restrictions

MONTREAL — BCE Inc. executives said Thursday that they are beginning to see early signs that customers are getting ready to emerge from COVID-19 restrictions and Bell Canada is in good position to respond.
Magna International reports drop in earnings as COVID-19 hits operations

Magna International reports drop in earnings as COVID-19 hits operations

AURORA, Ont. — Magna International Inc. says its first quarter earnings were down significantly from last year as the company was hit by factory shutdowns across its global operations. The autoparts maker, which reports in U.S.
Canadian Tire reports Q1 loss compared with a profit a year ago, sales dip

Canadian Tire reports Q1 loss compared with a profit a year ago, sales dip

TORONTO — Canadian Tire Corp. Ltd. reported a loss in its latest quarter as sales fell due to the steps taken to slow the spread of COVID-19, including the temporary closure of its SportChek and Mark's stores.
Ontario wineries struggling to find way forward under COVID-19 restrictions

Ontario wineries struggling to find way forward under COVID-19 restrictions

Every few days Nicolette Novak is paralyzed with worry about how to keep her winery going during the COVID-19 pandemic. Novak is the owner of Good Earth Food and Wine Co., a small winery in Beamsville, Ont.

Frontera suspends dividend, withdraws guidance as it reports $388-million loss

CALGARY — Frontera Energy Corp. says it has suspended its dividends, withdrawn its guidance for the year and won't repurchase shares because of difficult operating conditions. The Calgary-based oil producer says it lost nearly $388 million or $4.
WSP profits fall by more than 75 per cent amid 'extreme market volatility'

WSP profits fall by more than 75 per cent amid 'extreme market volatility'

MONTREAL — WSP Global Inc. saw profits fall by 77 per cent last quarter amid "extreme market volatility" triggered by the COVID-19 crisis. Net income dropped to $14.

Parkland Fuel sees $79-million loss in first quarter on higher revenues

CALGARY — Parkland Fuel Corp. says it saw a $79-million loss in the first quarter. The Calgary-based company says that equalled a loss of 53 cents per diluted share, compared with a profit of 52 cents per share or $77 million a year earlier.