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Precision Drilling moves to cut costs and capital spending plan

Precision Drilling moves to cut costs and capital spending plan

CALGARY — Precision Drilling Corp. says it is reducing staff, cutting salaries and lowering its capital spending plan in response to the COVID-19 pandemic and current market conditions.
Negotiators close on a nearly $2 trillion virus aid package

Negotiators close on a nearly $2 trillion virus aid package

WASHINGTON — Top congressional and White House officials emerged from grueling negotiations at the Capitol over the nearly $2 trillion coronavirus rescue package saying they expected to reach a deal Tuesday.
Cameco, Orano shut down Saskatchewan uranium facilities due to COVID-19 fears

Cameco, Orano shut down Saskatchewan uranium facilities due to COVID-19 fears

SASKATOON — Hundreds of employees are being sent home in northern Saskatchewan as Cameco Corp. suspends production at its Cigar Lake uranium mine and partner Orano Canada Inc. closes its affiliated McClean Lake uranium mill.
Horgan says B.C.'s $5 billion COVID-19 plan offers supports for people, business

Horgan says B.C.'s $5 billion COVID-19 plan offers supports for people, business

VICTORIA — British Columbia will spend $5 billion to help individuals, businesses and services endure the economic stresses of the COVID-19 pandemic, Premier John Horgan said Monday.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (11,228.49, down 632.32 points.) Aurora Cannabis Inc. (TSX:ACB). Health care. Down five cents, or 4.
TSX starts the week by sinking despite higher crude oil and gold prices

TSX starts the week by sinking despite higher crude oil and gold prices

TORONTO — Higher crude and gold prices couldn't help Canada's main stock index from sinking to start the trading week as heightened COVID-19 fears continued to grip investors.
Endeavour stock slides, Semafo soars, after $1-billion buyout announced

Endeavour stock slides, Semafo soars, after $1-billion buyout announced

MONTREAL — A $1-billion deal to combine two Montreal companies with West African gold mining operations was met with sharply divergent reactions from their shareholders on Monday. Stock in Endeavour Mining Corp. closed at $20.05, down $1.60 or 7.
Cannabis industry braces for COVID-19 troubles, debates calls for government aid

Cannabis industry braces for COVID-19 troubles, debates calls for government aid

TORONTO — Cole Miller has spent most of his days since 2017 excited about the launch of the Basecamp cannabidiol iced tea he was crafting, but as he visited Ontario cannabis retailers to encourage them to up the number of cases they would stock for i
TSX and TSXV move to help listed companies, allow more time to hold AGMs

TSX and TSXV move to help listed companies, allow more time to hold AGMs

TORONTO — The company that runs the Toronto Stock Exchange and the TSX Venture Exchange is moving to loosen some rules to help listed companies as they deal with the COVID-19 pandemic. TMX Group Ltd.
Airports forecast $2-billion loss by June as travel halts amid COVID-19

Airports forecast $2-billion loss by June as travel halts amid COVID-19

Canadian airports are confronting the prospect of $2 billion in losses over the next few months as borders shut and planes stay parked due to the COVID-19 pandemic.