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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.
US sheds most jobs in a decade, ending record hiring streak

US sheds most jobs in a decade, ending record hiring streak

WASHINGTON — A record-long streak of U.S. job growth ended suddenly in March after nearly a decade, as employers slashed hundreds of thousands of jobs because of the viral outbreak that has all but shut down the U.S. economy.
Athabasca Oil to shut down Hangingstone SAGD oilsands project and cut staff

Athabasca Oil to shut down Hangingstone SAGD oilsands project and cut staff

CALGARY — Athabasca Oil Corp. is suspending operations at its Hangingstone SAGD oilsands operation due to the drop in oil prices and the COVID-19 pandemic.
March trading volume on TSX more than doubled compared with a year ago

March trading volume on TSX more than doubled compared with a year ago

TORONTO — The number of shares traded on Canada's main stock exchange in March more than doubled compared with a year ago as the stock market plunged due to the COVID-19 pandemic. According to statistics released by TMX Group Ltd.

B.C. business groups warn revenues down 50- to 75 per cent during COVID-19

VANCOUVER — Business organizations across British Columbia say revenues have plunged among their members and that paints an "ominous picture" for the economy.