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Elon Musk becomes champion of defying virus stay-home orders

Elon Musk becomes champion of defying virus stay-home orders

Tesla CEO Elon Musk has emerged as a champion of defying stay-home orders intended to stop the coronavirus from spreading, picking up support — as well as critics — on social media.

Canadian Olympic Committee, Fasken law firm agree to five-year partnership

TORONTO — The Canadian Olympic Committee and law firm Fasken have entered into a five-year agreement.
High Liner Foods first-quarter profit edged lower compared with year ago

High Liner Foods first-quarter profit edged lower compared with year ago

LUNENBURG, N.S. — High Liner Foods Inc. reported a profit of US$14.2 million in its latest quarter as it saw a surge in demand from retail customers, but a drop in its food-service business as the COVID-19 pandemic took hold.
Resolute Forest Products reports US$1-million first-quarter loss

Resolute Forest Products reports US$1-million first-quarter loss

MONTREAL — Resolute Forest Products Inc. reported a loss of US$1 million in its latest quarter compared with a profit of US$42 million in the same quarter last year as its revenue fell.
TransAlta reports $27M first-quarter profit compared with a loss a year ago

TransAlta reports $27M first-quarter profit compared with a loss a year ago

CALGARY — TransAlta Corp. earned a profit of $27 million in its latest quarter compared with a loss a year ago, helped by strong earnings from its U.S. coal operations and its wind and solar business.
TMX Group reports Q1 profit and revenue up from year ago as trading surged

TMX Group reports Q1 profit and revenue up from year ago as trading surged

TORONTO — TMX Group Ltd. reported its first-quarter profit and revenue grew compared with a year ago as stock trading surged in volatile markets caused by the COVID-19 pandemic.

Disclosure tops telecom issues raised with industry ombudsman in interim report

OTTAWA — Canada's telecommunications ombudsman says the top issue raised by customers in the latter part of 2019 was the information disclosed by their service providers, followed closely by incorrect charges.
Post-COVID grocery store sales high but below the mid-March peak, StatCan says

Post-COVID grocery store sales high but below the mid-March peak, StatCan says

OTTAWA — Consumers continued to buy more hand sanitizer, toilet paper, canned goods and baking supplies in April than before the COVID-19 pandemic even as the mid-March shopping frenzy started to die down, according to Statistic Canada's latest data.
Tilray's Q1 net loss widens to US$184.1 million amid layoffs and restructuring

Tilray's Q1 net loss widens to US$184.1 million amid layoffs and restructuring

Tilray Inc. experienced a rocky first quarter as it grappled with losing 10 per cent of its workforce through layoffs and then the restructuring of its operations. The Nanaimo, B.C.,-based cannabis firm, which reports its earnings in U.S.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (15,103.22, up 136.66 points.) Freegold Ventures Ltd. (TSX:FVL). Materials. Unchanged at 34 cents on 21.8 million shares.