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CAE temporarily laying off 2,600, cutting salaries, suspending dividend
MONTREAL — CAE Inc. is temporarily laying off about a quarter of its staff, cutting salaries and suspending its dividend and share repurchase plan in response to the COVID-19 pandemic.
Apr 6, 2020 9:00 AM
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Chorus Aviation suspends dividends, lays off staff and cuts executive salaries
HALIFAX — Chorus Aviation Inc. is suspending its dividend, temporarily laying off staff and cutting executive salaries as it deals with the fallout from COVID-19.
Apr 6, 2020 8:46 AM
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MTY Food Group suspends dividend, lays off over half of its staff; 2,100 restaurants
MONTREAL — MTY Food Group Inc. has suspended its quarterly dividend, temporarily laid off over half of its workforce and reduced the base salaries of its leadership team.
Apr 6, 2020 6:41 AM
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Parkland Fuel nears completion of maintenance work at B.C. refinery
CALGARY — Parkland Fuel Corp. says it is close to finishing the maintenance work at its refinery in Burnaby, B.C. The Calgary-based company says it has begun the startup sequence at the facility.
Apr 6, 2020 5:36 AM
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Japan PM to declare state of emergency as early as Tuesday
TOKYO — Japanese Prime Minister Shinzo Abe said that he will declare a state of emergency for Tokyo and six other prefectures as early as Tuesday to bolster measures to fight the coronavirus outbreak, but that there will be no hard lockdowns.
Apr 6, 2020 4:41 AM
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Work camp operator filling need for COVID-19 field hospitals, testing centres
CALGARY — A Calgary company says it has received more than 100 requests over the past two weeks to set up field hospitals, quarantine accommodations, testing centres and other temporary structures needed for the COVID-19 pandemic.
Apr 5, 2020 8:00 AM
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Some banks offer reduced credit card interest rate for clients affected by virus
TORONTO — Several of Canada's largest banks are offering reduced interest rates on personal credit cards for Canadians in financial hardship due to the COVID-19 pandemic.
Apr 3, 2020 7:50 PM
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Critic, workers' group 'disappointed' Trudeau chose Amazon to distribute PPE
TORONTO — Prime Minister Justin Trudeau is facing criticism after he announced Friday that the country is teaming up with U.S. tech giant Amazon.com Inc. to distribute personal protective equipment like masks and gloves across the country.
Apr 3, 2020 4:29 PM
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West Fraser Timber Co. Ltd. announces more production cuts amid COVID-19
VANCOUVER — West Fraser Timber Co. Ltd. says it is further cutting production amid the COVID-19 pandemic.
Apr 3, 2020 3:53 PM
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Bombardier faces tough questions about future as share price, credit rating fall
MONTREAL — When he officially succeeds Alain Bellemare as CEO of Bombardier Inc.
Apr 3, 2020 3:40 PM
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