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North American stock markets rally on growing rate cut expectations

North American stock markets rally on growing rate cut expectations

TORONTO — Canada's main stock index had its best day in 14 months as North American stock markets rebounded strongly on expectations that central banks will cut interest rates in order to offset the economic damage caused by the spread of the novel c
Suncor files application for base oilsands mine extension with federal agency

Suncor files application for base oilsands mine extension with federal agency

CALGARY — The Impact Assessment Agency of Canada is inviting public and Indigenous comment on a Suncor Energy Inc.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,553.26, up 290.21 points at 16,553.26.) Bombardier Inc. (TSX:BBD.B). Industrials. Up 10 cents, or 10.42 per cent, to $1.06 on 28.
TD Bank Group chief executive's total compensation down in 2019 from 2018

TD Bank Group chief executive's total compensation down in 2019 from 2018

TORONTO — The chief executive of TD Bank Group saw his total compensation for 2019 fall compared with 2018 when his received a special one-time stock option award of $1.9 million.
Jack Welch, the GE chief who became a superstar, has died

Jack Welch, the GE chief who became a superstar, has died

BOSTON — Jack Welch, who transformed General Electric Co. into a highly profitable multinational conglomerate and parlayed his legendary business acumen into a retirement career as a corporate leadership guru, has died. He was 84.

HUB International buys Morneau Shepell's benefits consulting business for $70M

TORONTO — Insurance brokerage HUB International Ltd. has signed a deal to acquire Morneau Shepell Inc.'s benefits consulting practice. Morneau Shepell says Hub paid $70 million for the business.
Factories expand despite virus, though deliveries slow

Factories expand despite virus, though deliveries slow

WASHINGTON — American factories expanded in February for the second straight month, despite disruptions caused by the coronavirus outbreak. The winning streak, however, may prove short-lived.
‘The Invisible Man’ tops box office with $29 million

‘The Invisible Man’ tops box office with $29 million

LOS ANGELES — The Elisabeth Moss-led thriller “The Invisible Man” rode a wave of good reviews to a very visible spot atop the box office this weekend.
Virus fears close down France's famed Louvre Museum

Virus fears close down France's famed Louvre Museum

PARIS — The spreading coronavirus epidemic shut down France's Louvre Museum on Sunday, with workers who guard its famous trove of artworks fearful of being contaminated by the museum's flow of tourists from around the world.
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: Tilray earnings Cannabis company Tilray Inc. will hold a conference call to discuss its fourth-quarter and full-year results on Monday.