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National Business
US stocks bounce higher, but still end the week with a loss
Wall Street managed to end a bumpy day broadly higher Friday but still finished with its worst week in nearly three months. The S&P 500 rose 1.3% a day after dropping nearly 6% in its biggest rout since mid-March. It lost 4.
Jun 12, 2020 4:57 PM
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Aid groups 'alarmed' by little US coronavirus assistance
JOHANNESBURG — More than two dozen international aid groups have told the U.S. government they are “increasingly alarmed” that “little to no U.S.
Jun 12, 2020 4:26 PM
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Unions call on retailers to make pandemic-related wage premiums permanent
Unions representing essential workers at some of Canada's major retailers are pushing back against the decision to eliminate wage premiums that were put in place to compensate employees for working during the height of the COVID-19 pandemic.
Jun 12, 2020 4:18 PM
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Ontario allows families to expand social circles to 10 people
TORONTO — Families in Ontario can now expand the number of people they have close contact with to 10, as the province moved Friday to further loosen public health restrictions put in place during the COVID-19 pandemic.
Jun 12, 2020 4:15 PM
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Toys "R" Us wins case against B.C. cannabis dispensary with similar branding
VANCOUVER — A Vancouver cannabis dispensary is going to need a new name and logo after losing a legal battle with retailer Toys "R" Us (Canada) Ltd.
Jun 12, 2020 1:39 PM
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UK economy shrinks 20% in a month to fall back to 2002 level
LONDON — The British economy has seen nearly two decades worth of growth wiped out as a result of the lockdown measures put in place during the coronavirus pandemic.
Jun 12, 2020 12:22 PM
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Fed: Will use 'full range of tools' to boost economy
WASHINGTON — The Federal Reserve has promised to use its “full range of tools” to pull the country out of a deep recession caused by a global pandemic, signalling that it would keep interest rates low through 2022.
Jun 12, 2020 12:22 PM
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Statistics Canada says key household debt ratio rose in the first quarter
OTTAWA — A key measure of household debt rose in the first quarter as the COVID-19 pandemic began to take hold of the economy, Statistics Canada said Friday.
Jun 12, 2020 11:43 AM
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Roots reports Q1 loss due to pandemic-related supply chain issues, store closures
TORONTO — Roots Corp. reported a loss of $7.8 million in its latest quarter as the COVID-19 pandemic disrupted its supply chain in Asia and forced the temporary closure of its stores in North America.
Jun 12, 2020 9:29 AM
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Mixed messages, looming deadlines: Small business faces troubling return to 'normal'
TORONTO — The co-owners of Coco Beauty Bar were ready to return to business once the Ontario government gave beauty salons a green light, but after seeing the strict COVID-19 restrictions required, they wonder if it's even worth the effort.
Jun 11, 2020 8:29 PM
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