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Equipment finance company Chesswood Group suspends monthly dividend

TORONTO — Chesswood Group Ltd. says it is temporarily suspending its monthly dividend as part of its plan to resume funding new business in the U.S. as closure restrictions due to the pandemic begin to lift.
WHO bows to calls from countries for independent virus probe

WHO bows to calls from countries for independent virus probe

GENEVA — The World Health Organization bowed to calls Monday from most of its member states to launch an independent probe into how it managed the international response to the coronavirus, which has been clouded by finger-pointing between the U.S.
California eases more restrictions; restaurants may open

California eases more restrictions; restaurants may open

SACRAMENTO, Calif. — Gov.
B.C. businesses grapple with new health protocols as reopening begins Tuesday

B.C. businesses grapple with new health protocols as reopening begins Tuesday

VANCOUVER — As some British Columbia businesses prepare to reopen their doors on Tuesday when the province enters the second phase of its COVID-19 restart plan, others say they're holding off while they grapple with new health protocols.
Germany, France propose virus recovery fund for EU economy

Germany, France propose virus recovery fund for EU economy

BERLIN — The leaders of Germany and France agreed Monday on a one-off 500 billion-euro ($543 billion) fund to help the European Union recover from the coronavirus pandemic, a proposal that would add further cash to an arsenal of financial measures th
Fashionable face masks mark new trend: Canadian designers go bold in mask style

Fashionable face masks mark new trend: Canadian designers go bold in mask style

Toronto fashion designer Hayley Elsaesser was unsure about adding face masks to her clothing brand two months ago, ordering just a "small amount" of samples to test out demand through her online shop.
Powell: Recovery may begin by summer, will likely be slow

Powell: Recovery may begin by summer, will likely be slow

WASHINGTON — Federal Reserve Chair Jerome Powell expressed optimism Sunday that the U.S. economy can begin to recover from a devastating recession in the second half of the year, assuming the coronavirus doesn't erupt in a second wave.
Canadian communities and businesses to feel the pain of cruise cancellations

Canadian communities and businesses to feel the pain of cruise cancellations

TORONTO — Picturesque Peggy's Cove, N.S., is normally a great place to run a business but restaurant owner John Campbell hopes he can survive the cancellation of cruise ships this season because of COVID-19.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Wholesale trade figures StatCan is scheduled to release wholesale trade figures for March on Wednesday. The agency reported that sales were up 0.7 per cent to $67.
Retail tenants hopeful over federal relief plan, but landlords reluctant to join

Retail tenants hopeful over federal relief plan, but landlords reluctant to join

Bill Pratt hasn't paid some $70,000 in rent for his restaurants in Atlantic Canada since April after having to shutter operations due to the COVID-19 pandemic and experiencing a "critical" sales drop.