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Lawsuits likely if Democrat Biden cancels Keystone XL, Canadian observers warn

Lawsuits likely if Democrat Biden cancels Keystone XL, Canadian observers warn

CALGARY — Billions of dollars in lawsuits will likely result if Joe Biden is elected U.S. president this November and carries out a threat to cancel the presidential permit allowing operation of the Keystone XL pipeline, Canadian observers say.
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Reitmans seeks court protection from creditors under CCAA, plans restructuring

Reitmans seeks court protection from creditors under CCAA, plans restructuring

MONTREAL — Reitmans (Canada) Ltd. has received an initial order Tuesday after seeking court protection from its creditors under the Companies' Creditors Arrangement Act to allow a restructuring of the women's clothing retailer.
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Oilpatch M&A expected to pick up after pandemic's dampening of demand eases

Oilpatch M&A expected to pick up after pandemic's dampening of demand eases

CALGARY — The financial stress caused by low oil prices from plummeting fuel demand during the COVID-19 pandemic will result in a wave of Canadian energy mergers and acquisitions — but not until after the world begins to return to normal, observers s
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A list of some of the companies that have filed for CCAA since the pandemic

A list of some of the companies that have filed for CCAA since the pandemic

TORONTO — A list of some of the companies that have filed for court protection from creditors under the Companies' Creditors Arrangement Act since the beginning of the pandemic: May 19: Reitmans (Canada) Ltd. (Retail) May 15: Entrec Corp.
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Lebron James, Spotify, HBO among 2020 Webby Award winners

Lebron James, Spotify, HBO among 2020 Webby Award winners

LOS ANGELES — LeBron James, Jimmy Fallon, Spotify and HBO are among the 2020 Webby Award winners for internet excellence. The International Academy of Digital Arts and Sciences announced the winners Tuesday.
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For pandemic-era homebuyers, virtual tours and patience can pay off

For pandemic-era homebuyers, virtual tours and patience can pay off

Thomas Rosenthal has been checking online property listings every day while under lockdown.
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Sony to buy full control of financial unit to weather crisis

Sony to buy full control of financial unit to weather crisis

TOKYO — Sony Corp. plans to make its financial services unit a wholly owned subsidiary to ensure stability as it rides out the hardships brought on by the coronavirus pandemic.
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Cost of spreading virus weighed on Home Depot in early 2020

Cost of spreading virus weighed on Home Depot in early 2020

ATLANTA — The cost of the spreading coronavirus pandemic dragged on profits early in the year at Home Depot. The world's biggest home improvement chain upped compensation for employees, extended dependent care benefits and waived related co-pays.
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Equipment finance company Chesswood Group suspends monthly dividend

Equipment finance company Chesswood Group suspends monthly dividend

TORONTO — Chesswood Group Ltd. says it is temporarily suspending its monthly dividend as part of its plan to resume funding new business in the U.S. as closure restrictions due to the pandemic begin to lift.
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WHO bows to calls from countries for independent virus probe

WHO bows to calls from countries for independent virus probe

GENEVA — The World Health Organization bowed to calls Monday from most of its member states to launch an independent probe into how it managed the international response to the coronavirus, which has been clouded by finger-pointing between the U.S.
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