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Cineplex delays first-quarter results due to COVID-19 pandemic

Cineplex delays first-quarter results due to COVID-19 pandemic

TORONTO — Cineplex says it's delaying the release of its first-quarter financial results as it focuses on the business impact of COVID-19.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (14,833.69, up 2.95 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down eight cents, or 15.
S&P/TSX composite up as Canadian price of gold near all-time high

S&P/TSX composite up as Canadian price of gold near all-time high

TORONTO — Canada's main stock index inched slightly higher on the growing shine from metals as the Canadian price of gold moved closer to a record high. The June gold contract was up US$37.30 at US$1,725.80 an ounce.
Bombardier sees Q1 earnings plummet after pandemic shutters factories

Bombardier sees Q1 earnings plummet after pandemic shutters factories

MONTREAL — Bombardier Inc. took a major earnings hit last quarter — with more losses to come — as fallout from the COVID-19 pandemic blocked aircraft deliveries and shut down operations across dozens of plants.
Pandemic cuts into Bausch Health sales as company posts US$152-million loss

Pandemic cuts into Bausch Health sales as company posts US$152-million loss

MONTREAL — Shares of Bausch Health Companies Inc. fell more than eight per cent as the company lowered its 2020 forecast after a loss in in the first quarter due to the COVID-19 pandemic.
Shopping Shift: How indoor malls will look different under new COVID-19 measures

Shopping Shift: How indoor malls will look different under new COVID-19 measures

TORONTO — Consumers should get ready for a new world of retail as indoor shopping mall operators across the country prepare to reopen their doors with an abundance of COVID-19 precautions in the coming weeks.
Ex-Syncrude partner Murphy Oil closing Calgary office to cut costs

Ex-Syncrude partner Murphy Oil closing Calgary office to cut costs

CALGARY — American oil and gas producer Murphy Oil Corp. says it is shutting its Calgary office as part of a plan to cut costs as oil prices remain at low ebb.

P.E.I. government announces numerous COVID-19 assistance programs

CHARLOTTETOWN — The Prince Edward Island government has announced a number of programs to assist people affected by the COVID-19 pandemic.
US consumer borrowing fell for first time since 2011

US consumer borrowing fell for first time since 2011

WASHINGTON — U.S. consumer borrowing fell in March for the first time in more than eight years, with the category covering credit cards dropping by the largest amount in over three decades, the Federal Reserve reported Thursday.
Inter Pipeline warns of higher costs, delays for Alberta petrochemical project

Inter Pipeline warns of higher costs, delays for Alberta petrochemical project

CALGARY — Inter Pipeline Ltd. is warning that the cost of building its Heartland Petrochemical Complex has risen by about half a billion dollars and its in-service date may be delayed due to factors including the impact of the COVID-19 pandemic.
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