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Boeing says it will reduce workforce by 400 in Winnipeg due to impact from COVID-19

WINNIPEG — Boeing says it plans to cut 400 positions at its Winnipeg facilities due to the impact of COVID-19. A statement from the company says the reductions will come from voluntary and involuntary layoffs and normal attrition.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Poloz speech Bank of Canada governor Stephen Poloz will give the University of Alberta Eric J. Hanson Memorial Lecture by video conference on Monday.
NAFTA panel sides with U.S. softwood lumber decision but B.C. hopes for final win

NAFTA panel sides with U.S. softwood lumber decision but B.C. hopes for final win

VANCOUVER — A NAFTA panel has backed the U.S. International Trade Commission's decision regarding softwood lumber imports from Canada but British Columbia's industry group still hopes for an ultimate victory. The U.S.
Air Canada revises refund policy amid growing anger over cancelled flights

Air Canada revises refund policy amid growing anger over cancelled flights

MONTREAL — Air Canada is revising its cancellation policy amid mounting customer frustration, offering travellers the option of a voucher with no expiration date or Aeroplan points if the airline cancels their flight due to the COVID-19 pandemic.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (14,913.64, up 28.79 points.) HEXO Corp. (TSX:HEXO). Health care. Up 15 cents, or 20.55 per cent, to 88 cents on 24.5 million shares.
TSX higher to cap good week despite escalating tensions between U.S. and China

TSX higher to cap good week despite escalating tensions between U.S. and China

TORONTO — Canada's main stock index capped a good week by moving slightly higher Friday amid escalating tensions between the U.S. and China. The S&P/TSX composite index closed up 28.79 points at 14,913.
CAE foresees 'major disruptions' into autumn due to COVID-19 pandemic

CAE foresees 'major disruptions' into autumn due to COVID-19 pandemic

MONTREAL — Flight simulator company CAE Inc. saw profits fall six per cent last quarter due to the impact of the COVID-19 pandemic — and the turbulence isn't over.
Health officials in Saskatchewan report five new COVID-19 cases

Health officials in Saskatchewan report five new COVID-19 cases

REGINA — Saskatchewan is reporting five new cases of COVID-19, mostly from the far north. Health officials say the provincial total sits at 627, with 521 people having recovered.
California's April jobless rate higher than Great Recession

California's April jobless rate higher than Great Recession

SACRAMENTO, Calif. — California's unemployment rate nearly tripled to 15.
Loughlin, Giannulli plead in college scam but await fate

Loughlin, Giannulli plead in college scam but await fate

“Full House” star Lori Loughlin and her fashion designer husband, Mossimo Giannulli, pleaded guilty Friday to paying half a million dollars to get their two daughters into the University of Southern California as part of a college admissions bribery
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