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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.

American Hotel Income Properties moves to cut operationg costs, suspends payouts

VANCOUVER — American Hotel Income Properties REIT LP is suspending its cash payouts to investors and moving to cut costs in an effort to preserve cash during the disruption caused by COVID-19.
Ski-Doo maker BRP suspends dividend to preserve financial flexibility

Ski-Doo maker BRP suspends dividend to preserve financial flexibility

VALCOURT, Que. — BRP Inc. beat profit expectations for its fourth quarter, but suspended its dividend in an effort to preserve its financial flexibility as it deals with the issues related COVID-19.
Worries lie ahead for Canadians faced with financial uncertainty in COVID-19 pandemic

Worries lie ahead for Canadians faced with financial uncertainty in COVID-19 pandemic

TORONTO — When it comes to her family's financial future, Kim Petrie says the arrival of the COVID-19 pandemic has erased any certainty about what lies ahead.
NewsAlert: Air Canada laying off more than 5,000 workers amid COVID-19 pandemic

NewsAlert: Air Canada laying off more than 5,000 workers amid COVID-19 pandemic

MONTREAL — A union official says Air Canada is laying off more than 5,000 flight attendants as the country's largest airline cuts routes and parks planes due to the COVID-19 pandemic.
Asian stocks rise after Wall Street gains on aid hope

Asian stocks rise after Wall Street gains on aid hope

BEIJING — Asian stock markets were mostly higher Friday after modest Wall Street gains on hopes government and central bank action can shield the world economy from a looming global recession caused by the coronavirus pandemic.
Local health unit reports Ontario's second COVID-19 death as cases spike

Local health unit reports Ontario's second COVID-19 death as cases spike

TORONTO — A local health unit reported a second death in Ontario linked to COVID-19 on Thursday, saying it may be a case of community transmission, as the premier strongly urged people to practise social distancing and self-isolation.

Cirque du Soleil lays off 95 per cent of workforce amidst coronavirus shutdown

MONTREAL — Cirque du Soleil has announced company-wide layoffs as COVID-19 continues to hurt the economy.
Sunwing offers free seats on repatriation flights to stranded Canadians

Sunwing offers free seats on repatriation flights to stranded Canadians

TORONTO — Sunwing Airlines Ltd. is offering vacant seats on its repatriation flights free of charge to any Canadians stranded in sun-kissed parts of the hemisphere, including to non-Sunwing customers.
Virus-shocked Hollywood gets break with streaming services

Virus-shocked Hollywood gets break with streaming services

LOS ANGELES — Sports are on hold, theatres are closed and so are amusement parks, a disaster-movie scenario that has stunned Hollywood.