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More CN layoffs only if business slows dramatically during second wave, says CEO

More CN layoffs only if business slows dramatically during second wave, says CEO

CN Rail may only have to consider another painful round of layoffs if COVID-19's second wave causes shipping volumes to drop dramatically again, its chief executive said Wednesday.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,889.82, down 58.24 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 14 cents, or 0.7 per cent, to $20.11 on 12.5 million shares.
North American markets weighed down by COVID-19 concerns after NYC schools shut down

North American markets weighed down by COVID-19 concerns after NYC schools shut down

TORONTO — North American stock markets reversed an early upward climb as a shutdown of New York City schools heightened concerns about a spread of pandemic lockdowns.
Drilling forecast calls for 14 per cent rebound in 2021 from depths of 2020 activity

Drilling forecast calls for 14 per cent rebound in 2021 from depths of 2020 activity

CALGARY — The organization that represents Canadian drilling contractors is forecasting a 14 per cent increase in the number of oil and gas wells to be drilled in Canada in 2021 compared with historic lows this year, but warns the outlook remains dep
Wood pellet firm Peak Renewables buys Canfor forest tenure, idled mills in for Nelson

Wood pellet firm Peak Renewables buys Canfor forest tenure, idled mills in for Nelson

CALGARY — The CEO of wood pellet maker Peak Renewables says deals to buy forest tenure and mill assets in the Fort Nelson area of northeastern B.C. from Canfor Corp. are part of its plan to build a new 600,000-tonne-per-year pellet plant there.
Metro expands online grocery offerings as e-commerce sales jump 160 per cent

Metro expands online grocery offerings as e-commerce sales jump 160 per cent

MONTREAL — Metro Inc., one of the country's top three grocery retailers, is expediting its push into online food ordering and home delivery, as e-commerce grocery sales continue to beat expectations.
Rogers cancels local Breakfast Television shows in Calgary and Vancouver

Rogers cancels local Breakfast Television shows in Calgary and Vancouver

TORONTO — Rogers Sports and Media is cancelling its Breakfast Television shows in Calgary and Vancouver, making adjustments to some local radio operations and laying off an unspecified number of staff.
UK insurance firm RSA agrees to takeover offer from Intact and Tryg

UK insurance firm RSA agrees to takeover offer from Intact and Tryg

TORONTO — One of the U.K.'s oldest insurance companies is getting two new owners and one of them is Canadian.
Boeing Max to fly again almost 2 years after deadly crashes

Boeing Max to fly again almost 2 years after deadly crashes

After nearly two years and a pair of deadly crashes, the U.S. Federal Aviation Administration has cleared Boeing’s 737 Max for flight.
Enbridge Gas to blend hydrogen with natural gas for consumers in Markham, Ont.

Enbridge Gas to blend hydrogen with natural gas for consumers in Markham, Ont.

CALGARY — Consumers in the Markham area of southern Ontario will soon be receiving a little hydrogen to go with the natural gas they use to fuel their furnaces and hot water heaters. Enbridge Gas and partner Cummins Inc.