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Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (13,925.714, up 311.57 points.) Hexo Corp. (TSX:HEXO). Health care. Down 25 cents, or 26.04 per cent, to 71 cents on 14.
Air Canada hopes to rehire 16,500 workers via wage subsidy—most would stay home

Air Canada hopes to rehire 16,500 workers via wage subsidy—most would stay home

MONTREAL — Air Canada plans to rehire 16,500 laid-off workers via Ottawa's emergency wage subsidy, though the vast majority will remain at home amid the collapse of global travel triggered by the COVID-19 pandemic.
COVID-19's impact on ad sales results in temp layoffs at Cogeco's radio unit

COVID-19's impact on ad sales results in temp layoffs at Cogeco's radio unit

MONTREAL — Cogeco Inc.'s Quebec-based radio business has temporarily laid off about one-quarter of its employees due to a significant decline in advertising from retailers affected by COVID-19 shutdowns.
North American stock markets and oil price rise on optimism, loonie slips

North American stock markets and oil price rise on optimism, loonie slips

TORONTO — North American markets rose Wednesday on the potential for more stimulus spending and optimism around the trajectory of the COVID-19 outbreak.
Financier predicts new respect for oilpatch as Canada recovers from pandemic

Financier predicts new respect for oilpatch as Canada recovers from pandemic

Calgary energy investor Mac Van Wielingen says there's an opportunity for the oil and gas sector to regain public respect and support when Canada tries to restore its economy after the COVID-19 pandemic ends.
Restaurants that delayed opening face struggles amid COVID-19 pandemic

Restaurants that delayed opening face struggles amid COVID-19 pandemic

VANCOUVER — For the past 18 months, Nguyet Dang has been working to bring her dream of opening a Vietnamese restaurant to life. Then the COVID-19 pandemic hit.
Airbus cuts production by a third as airlines struggle

Airbus cuts production by a third as airlines struggle

LONDON — European planemaker Airbus said Wednesday it is reducing production by about a third as demand for aircraft and travel plummets due to the coronavirus pandemic.
Europe struggles to agree on economic response to virus

Europe struggles to agree on economic response to virus

BRUSSELS — European governments remained at loggerheads Wednesday over measures to help the economy weather the coronavirus outbreak, breaking off a meeting of finance officials who clashed over aid conditions and proposals to borrow together to pay
UK's Johnson in ICU with coronavirus, condition improving

UK's Johnson in ICU with coronavirus, condition improving

LONDON — British Prime Minister Boris Johnson remains in intensive care with the coronavirus but is improving and sitting up in bed, a senior government minister said Wednesday, as the U.K. recorded its biggest spike in COVID-19 deaths to date.
Why Canadian dairy farmers are dumping milk amid COVID-19 demand changes

Why Canadian dairy farmers are dumping milk amid COVID-19 demand changes

Some Canadian dairy farmers started dumping milk last week to rid the system of surplus production as demand from restaurants plummeted amid the COVID-19 pandemic that forced eateries across the country to close their doors.