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Premier Gold Mines says Centerra not accepting $205M offer for Greenstone stake

Premier Gold Mines says Centerra not accepting $205M offer for Greenstone stake

THUNDER BAY, Ont. — Premier Gold Mines Ltd. says an offer made in March to buy Centerra Gold Inc.'s 50-per-cent stake in the Greenstone Gold Mines Partnership for US$205 million has not been accepted.
WestJet plans to bring workers back on payroll via wage subsidy program

WestJet plans to bring workers back on payroll via wage subsidy program

WestJet Airlines Ltd. says it will bring back nearly 6,400 laid-off employees to the payroll using Ottawa's emergency wage subsidy program as the COVID-19 pandemic continues to crater the airline sector.
A new $2.3 trillion Fed plan to buttress towns, businesses

A new $2.3 trillion Fed plan to buttress towns, businesses

WASHINGTON — The Federal Reserve said Thursday it would pump an additional $2.3 trillion into the U.S. economy, with loans and bond-buying intended to boost small- and mid-sized businesses, as well as state and local governments.
Wall Street climbs after Fed stuns markets again with aid

Wall Street climbs after Fed stuns markets again with aid

NEW YORK — Stocks are rising on Wall Street Thursday after the Federal Reserve launched its latest unprecedented effort to support the economy through the coronavirus outbreak. The gains put the S&P 500 on track for its best week since 1974.
Pandemic has set the number of air travellers back decades

Pandemic has set the number of air travellers back decades

The number of Americans getting on airplanes has sunk to a level not seen in more than 60 years as people shelter in their homes to avoid catching or spreading the new coronavirus.
Virus outbreak delivers tech darlings a harsh reality check

Virus outbreak delivers tech darlings a harsh reality check

Just as the coronavirus outbreak has boxed in society, it’s also squeezed high-flying tech companies reliant on people’s freedom to move around and get together.
Oil-producing nations seek global deal to stabilize market

Oil-producing nations seek global deal to stabilize market

MOSCOW — Oil-producing countries including those of the OPEC cartel and Russia are trying to strike a global deal to pump less crude in a bid to limit a crash in prices that, while welcome for consumers, has been straining government budgets and push
Employer council urges Quebec to open as many businesses as possible

Employer council urges Quebec to open as many businesses as possible

MONTREAL — Quebec's main federation of employers says it will have a concrete list of proposals for the government by the end of next week on how to reopen the provincial economy.
North American stock markets continue rally, loonie up against U.S. dollar

North American stock markets continue rally, loonie up against U.S. dollar

TORONTO — Canada's main stock index climbed higher for another day, powered by a broad-based rally led by the materials sector, while U.S. stock markets also pushed higher. The S&P/TSX composite index was up 263.50 points at 14,189.21.
B.C. hit hard by job losses, concern grows for the vulnerable during pandemic

B.C. hit hard by job losses, concern grows for the vulnerable during pandemic

Finance Minister Carole James is to comment later today on British Columbia's unemployment rate which Statistics Canada says rose to 7.2 per cent in March from five per cent in February.