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North American stock markets end volatile week not far from where they started

North American stock markets end volatile week not far from where they started

TORONTO — North American stock markets fell to end a volatile week on the impact of OPEC failing to reach a deal to cut oil output along with continued worries about the novel coronavirus outbreak.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange ( 16,175.02, down 378.97 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down four cents, or 4.17 per cent, to 92 cents on 15.
COVID-19 threatens Canadian aerospace companies as global air travel plummets

COVID-19 threatens Canadian aerospace companies as global air travel plummets

MONTREAL — The novel coronavirus is wreaking havoc on the global airline sector, rippling outward to aerospace companies in Canada.

Part of Syncrude oilsands upgrader remains down after fire last Sunday

CALGARY — Part of Syncrude Canada's oilsands mining complex in northern Alberta remains out of commission following a fire last Sunday evening.
US job market looked robust before virus outbreak escalated

US job market looked robust before virus outbreak escalated

WASHINGTON — Hiring in the United States jumped in February as employers added 273,000 positions, evidence that the job market was in strong shape before the coronavirus began to sweep through the nation.

Recipe Unlimited hikes dividend by five per cent, posts fourth-quarter loss

VAUGHAN, Ont. — Recipe Unlimited Corp. saw sales fall in its most recent quarter as it invested in renovating a record number of restaurants and decided to close dozens of others. The Vaughan, Ont.
Vermilion shares fall after it cuts dividend due to virus hit on oil prices

Vermilion shares fall after it cuts dividend due to virus hit on oil prices

CALGARY — Shares in Vermilion Energy Inc. fell by as much as 16 per cent Friday morning after it cut its dividend in half to deal with weakness in commodity prices linked to economic fallout from the novel coronavirus.
Immediate worry of COVID-19 spurred Bank of Canada rate cut, Poloz says

Immediate worry of COVID-19 spurred Bank of Canada rate cut, Poloz says

Canada's central bank was leaning towards cutting its trend-setting interest rate this week before the novel coronavirus pushed it to take a more dramatic step to get ahead of the shock the outbreak will have on the economy, Bank of Canada governor S
Collision cancels in-person portion of annual conference, moves online

Collision cancels in-person portion of annual conference, moves online

TORONTO — Organizers of the Collision conference say they are cancelling the in-person component this year amid concerns around a novel form of coronavirus.
Statistics Canada to release February jobs report today; 10,000 jobs expected

Statistics Canada to release February jobs report today; 10,000 jobs expected

OTTAWA — Statistics Canada is scheduled to release its latest reading on the country's job market this morning.