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Fed: Will use 'full range of tools' to boost economy

Fed: Will use 'full range of tools' to boost economy

WASHINGTON — The Federal Reserve has promised to use its “full range of tools” to pull the country out of a deep recession caused by a global pandemic, signalling that it would keep interest rates low through 2022.
Statistics Canada says key household debt ratio rose in the first quarter

Statistics Canada says key household debt ratio rose in the first quarter

OTTAWA — A key measure of household debt rose in the first quarter as the COVID-19 pandemic began to take hold of the economy, Statistics Canada said Friday.
Roots reports Q1 loss due to pandemic-related supply chain issues, store closures

Roots reports Q1 loss due to pandemic-related supply chain issues, store closures

TORONTO — Roots Corp. reported a loss of $7.8 million in its latest quarter as the COVID-19 pandemic disrupted its supply chain in Asia and forced the temporary closure of its stores in North America.
Mixed messages, looming deadlines: Small business faces troubling return to 'normal'

Mixed messages, looming deadlines: Small business faces troubling return to 'normal'

TORONTO — The co-owners of Coco Beauty Bar were ready to return to business once the Ontario government gave beauty salons a green light, but after seeing the strict COVID-19 restrictions required, they wonder if it's even worth the effort.
Lululemon Q1 profit falls with many stores closed amid COVID-19 pandemic

Lululemon Q1 profit falls with many stores closed amid COVID-19 pandemic

VANCOUVER — Lululemon Athletica Inc.
Court: Michigan Great Lakes tunnel deal constitutional

Court: Michigan Great Lakes tunnel deal constitutional

TRAVERSE CITY, Mich.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,050.92, down 650.41 points.) Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down $2.90, or 10.68 per cent, to $24.

600,000 jobless claims filed in Tennessee during pandemic

MEMPHIS, Tenn.
North American stock markets plummet on fears that pandemic slump won't end soon

North American stock markets plummet on fears that pandemic slump won't end soon

TORONTO — Canada's main stock index followed other North American markets sharply lower on Thursday, extending its losses amid concerns about how quickly the economy can rebound from the COVID-19 pandemic.
Transat CEO demands financial aid from Ottawa to give refunds to passengers

Transat CEO demands financial aid from Ottawa to give refunds to passengers

MONTREAL — The head of Transat AT is calling on government for financial support, which it says would enable the travel company to refund passengers whose flights were cancelled due to the COVID-19 pandemic.