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Lowe's Canada retail network hurt by COVID-19 pandemic during first quarter

Lowe's Canada retail network hurt by COVID-19 pandemic during first quarter

MONTREAL — Lowe's Canadian operations, which include the Rona and Reno-Dept banners, continued to underperform those of the American network during the first quarter, as the effects of the COVID-19 pandemic were felt.
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Big box rules: Target's online push readied it for pandemic

Big box rules: Target's online push readied it for pandemic

NEW YORK — Online sales at Target more than doubled as the pandemic put millions in lockdown during the first quarter, revealing further the critical role big box stores played in getting supplies to an immobilized population.
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Royal Caribbean loses $1.4 billion in first quarter

Royal Caribbean loses $1.4 billion in first quarter

NEW YORK — Royal Caribbean lost $1.4 billion in the first quarter after the coronavirus forced its entire fleet to port. Wall Street, however, overlooked the massive loss Wednesday, focusing instead on bookings for next year.
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Summer Cruisin': Car culture gets a new lease as cultural events turn to 'pod' life

Summer Cruisin': Car culture gets a new lease as cultural events turn to 'pod' life

TORONTO — Hollywood flicks were always the main attraction at Bob Boyle's drive-in theatre on the outskirts of Brackley, P.E.I., but shortly after the COVID-19 pandemic shut everything down, a nearby high school made an unusual request.
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Celestica contracted by Starfish Medical to make ventilators for Health Canada

Celestica contracted by Starfish Medical to make ventilators for Health Canada

TORONTO — Celestica Inc. has been contracted to build 7,500 ventilators in Newmarket, Ont., for a Canadian medical device company working on the fight against the COVID-19 pandemic. Financial terms of its contract with StarFish Medical Inc.
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Here's a list of April inflation rates for selected Canadian cities

Here's a list of April inflation rates for selected Canadian cities

OTTAWA — Canada's national annual inflation rate was -0.2 per cent in April, Statistics Canada says.
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Here's a list April inflation rates for Canadian provinces, territories

Here's a list April inflation rates for Canadian provinces, territories

OTTAWA — Canada's national annual inflation rate was -0.2 per cent in April, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: -1.5 per cent (0.1) — Prince Edward Island: -1.3 (0.
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First-quarter earnings: A sector-by-sector look at the effects of COVID-19

First-quarter earnings: A sector-by-sector look at the effects of COVID-19

The majority of Canadian companies have reported earnings for the first three months of 2020, giving a picture of the impact of the COVID-19 pandemic on business so far and in the months to come.
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COVID-19 is exposing Canada's economic vulnerabilities, innovation experts say

COVID-19 is exposing Canada's economic vulnerabilities, innovation experts say

VANCOUVER — The COVID-19 crisis is exposing the shortcomings of Canada's economy, particularly when it comes to supply chains and the development of value-added products that would keep the country competitive, innovation experts say.
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AT&T quits Venezuela as US sanctions force it to defy Maduro

AT&T quits Venezuela as US sanctions force it to defy Maduro

MIAMI — AT&T said Tuesday it will immediately ditch Venezuela's pay TV market as U.S. sanctions prohibit its DirecTV platform from broadcasting channels that it is required to carry by the socialist administration of Nicolás Maduro.
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