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Some banks offer reduced credit card interest rate for clients affected by virus

Some banks offer reduced credit card interest rate for clients affected by virus

TORONTO — Several of Canada's largest banks are offering reduced interest rates on personal credit cards for Canadians in financial hardship due to the COVID-19 pandemic.
Critic, workers' group 'disappointed' Trudeau chose Amazon to distribute PPE

Critic, workers' group 'disappointed' Trudeau chose Amazon to distribute PPE

TORONTO — Prime Minister Justin Trudeau is facing criticism after he announced Friday that the country is teaming up with U.S. tech giant Amazon.com Inc. to distribute personal protective equipment like masks and gloves across the country.

West Fraser Timber Co. Ltd. announces more production cuts amid COVID-19

VANCOUVER — West Fraser Timber Co. Ltd. says it is further cutting production amid the COVID-19 pandemic.
Bombardier faces tough questions about future as share price, credit rating fall

Bombardier faces tough questions about future as share price, credit rating fall

MONTREAL — When he officially succeeds Alain Bellemare as CEO of Bombardier Inc.
Internet providers explain why some have hiked prices amid an economic downturn

Internet providers explain why some have hiked prices amid an economic downturn

TORONTO — Amid the workplace disruptions, household distractions and widespread unemployment brought by the COVID-19 crisis, it couldn't be a worse time for consumers to face an internet price increase.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (12,938.30, down 159.54 points.) Cenovus Energy Inc. (TSX:CVE). Energy. Up 11 cents, or 3.28 per cent, to $3.46 on 21.8 million shares.
S&P/TSX composite falls despite crude oil price surge to end second week higher

S&P/TSX composite falls despite crude oil price surge to end second week higher

TORONTO — Canada's main stock index gained for a second straight week despite closing lower on Friday even as crude oil prices continued to surge. The S&P/TSX composite index was down 159.54 points or 1.2 per cent at 12,938.30.

Temporary pay cuts proposed at Winnipeg Free Press, union to vote over weekend

WINNIPEG — Unionized workers of the Winnipeg Free Press and associated businesses will vote Sunday on a "emergency, temporary" wage cut requested by the newspaper's publisher, who says the publication needs the financial flexibility to survive a coll
Garneau revises speed-limit rules for trains carrying dangerous goods

Garneau revises speed-limit rules for trains carrying dangerous goods

OTTAWA — Transport Minister Marc Garneau is entrenching lower speed limits for trains hauling large amounts of crude oil or liquefied gas through urban areas, but relaxing the definition of "higher risk" trains that are subject to the stricter rules.
With parks closed, Disney starts furloughs in 2 weeks

With parks closed, Disney starts furloughs in 2 weeks

ORLANDO, Fla. — Saying they don't know when they'll be able to re-open many of their businesses with the coronavirus spreading, Walt Disney Co.