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Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,701.33, down 132.41 points.) Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down $1.29, or 4.54 per cent, to $27.15 on 36.
S&P/TSX composite drops midweek on energy and financials weakness

S&P/TSX composite drops midweek on energy and financials weakness

TORONTO — Canada's main stock index lost some ground midweek on weakness by the key energy and financials sectors. The S&P/TSX composite index closed down 132.41 points at 15,701.33. Activity was mixed in the United States.
A room with a bleak view: Hoteliers forecast more pain, demand government action

A room with a bleak view: Hoteliers forecast more pain, demand government action

Each day, SoHo hotel general manager David Kelley hears the sound of his footsteps echoing off the marble floors and panelled walls as he walks across the lobby, a space as empty as the 89 rooms above him. "It is very quiet.
Starbucks plans to close up to 200 Canadian locations over two years

Starbucks plans to close up to 200 Canadian locations over two years

TORONTO — Starbucks is planning to close up to 200 coffee shops across Canada as it responds to changes in consumer habits during the COVID-19 pandemic.
Former Bank of Canada governor Mark Carney to release book next spring

Former Bank of Canada governor Mark Carney to release book next spring

Former Bank of Canada governor Mark Carney is releasing a new book laying out his vision for a more equitable post-pandemic economy.
Retailer Dollarama reports Q1 profit down from year ago, but sales rise

Retailer Dollarama reports Q1 profit down from year ago, but sales rise

Dollarama Inc. experienced a drop in profit during its most recent quarter, but still topped the expectations of analysts who believed the pandemic would weigh more on the company's bottom line.
Lowe's strikes deal to build $120-million Calgary distribution centre

Lowe's strikes deal to build $120-million Calgary distribution centre

CALGARY — Lowe's Canada says work will start this month on a new distribution centre located northeast of Calgary designed to improve its in-store and online operations in Western Canada.
Virus pummels global economy, jobs - even without 2nd wave

Virus pummels global economy, jobs - even without 2nd wave

PARIS — The virus crisis has triggered the worst global recession in nearly a century -- and the pain is not over yet even if there is no second wave of infections, an international economic report warned Wednesday.
May consumer prices fall 0.1%, the third consecutive month

May consumer prices fall 0.1%, the third consecutive month

WASHINGTON — U.S. consumer prices dropped in May for the third straight month as the coronavirus pandemic pushed the American economy into a recession. The Labor Department said Wednesday that its consumer price index fell 0.
US consumer spending sinks by record 13.6% in face of virus

US consumer spending sinks by record 13.6% in face of virus

WASHINGTON — U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession.
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