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MONTREAL — Air Canada and Transat AT have mutually agreed to terminate the $190-million purchase of Transat after the European Commission indicated its unwillingness to approve the transaction.

Italy may be in a strict coronavirus lockdown this Easter with travel restricted between regions and new quarantines imposed.

A remote East Coast community with roots in coal and steel might not seem like the setting for Canada’s high-tech future.

From lockdown to shutdown to circuit breaker to emergency brake, jurisdictions across the country have been using different buzzwords to describe periods of tightened COVID-19 restrictions.

TORONTO — Canadian Pacific Railway is facing scant opposition so far over its US$25-billion bid for Kansas City Southern in a turn of events from prior takeover efforts.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (18,990.32, up 289.65 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Unchanged at 97 cents on 21.9 million shares.

Frontier Airlines is betting that the budding recovery in leisure travel is for real. Shares of the discount carrier began public trading Thursday, edging lower in midday trading.

CALGARY — Unionized workers at a Calgary Coca-Cola plant say they've approved a new contract with their employer, ending a two-week strike.

MONTREAL — Videotron says it has acquired Cablovision Warwick Inc., a Quebec cable company. Financial terms of the deal were not disclosed. Cablovision Warwick serves the Quebec municipalities of Warwick, Kingsey Falls and Saint-Felix-de-Kingsey.

TORONTO — It was no joke on April Fool's Day as the S&P 500 topped 4,000 points for the first time and North American stock markets rallied ahead of the Good Friday long weekend. The S&P/TSX composite index gained 289.