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Filthy lucre: Paper money shunned for fear of virus spread

Filthy lucre: Paper money shunned for fear of virus spread

NEW YORK — In a world suffering a pandemic, cash is no longer king.

Argentina quarantine forces Canadian miners to reduce activity, idle workers

Vancouver-based Lithium Americas Corp. says it has suspended construction activities at its US$565-million lithium project in Argentina in accordance with government-mandated restrictions in response to the COVID-19 pandemic.

Longview suspends production of Dash 8-400 and Series 400 Twin Otter aircraft

TORONTO — Longview Aviation Capital Corp. says it's suspending new production of Dash 8-400 and Series 400 Twin Otter aircraft in a move that will affect nearly 1,000 employees.
CSA issues guidance as banks and insurers get court order to hold online AGMs

CSA issues guidance as banks and insurers get court order to hold online AGMs

TORONTO — Canada's securities regulators suggests companies don't have to resend proxy-related materials to shareholders if they plan to move annual meetings online because of COVID-19.
Historian Niall Ferguson warns of contagion, online and off

Historian Niall Ferguson warns of contagion, online and off

NEW YORK — Historian Niall Ferguson has a knack for timing his TV projects. He debuted his examination of the global financial system in “The Ascent of Money” just as the 2008 economic crisis was hitting.
Income tax filing deadline moved to July 15 from April 15

Income tax filing deadline moved to July 15 from April 15

WASHINGTON — The income tax filing date has been pushed back from April 15, to July 15, Treasury Secretary Steven Mnuchin said.
Walmart Canada to hire 10,000 workers and introduce other measures amid COVID-19

Walmart Canada to hire 10,000 workers and introduce other measures amid COVID-19

TORONTO — Walmart Canada says it will hire 10,000 more employees to work in its stores and distribution centres as it deals with issues related to COVID-19.

Ekati Diamond Mine shut down to prevent spread of COVID-19 to staff, communities

CALGARY — Canada's oldest diamond mine is being shut down to protect workers and local communities from the spread of the COVID-19 pandemic.
US home sales jumped to 13-year high before viral outbreak

US home sales jumped to 13-year high before viral outbreak

WASHINGTON — U.S. home sales jumped in February to their highest level in 13 years, a trend that will almost certainly be reversed as people stop showing their property out of fear of infection in the coronavirus outbreak.

Statistics Canada says auto sector and gasoline boosted retail sales in January

OTTAWA — Statistics Canada says retail sales rose 0.4 per cent to $52.0 billion in January, prior to the economic impact of unprecedented efforts to deal with the COVID-19 virus. Sales at motor vehicle and parts dealers rose 1.