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TSX sets record close in posting best week since April; U.S. markets also rise

TSX sets record close in posting best week since April; U.S. markets also rise

TORONTO — Canada's main stock index rose for a fifth straight day to end its best week in 10 months as optimism continued to fuel gains despite disappointing jobs numbers. The S&P/TSX composite index gained 93.
WestJet to lay off 120 cabin crew members as of March 2, citing flight suspensions

WestJet to lay off 120 cabin crew members as of March 2, citing flight suspensions

WestJet Airlines Ltd. will lay off 120 cabin crew members as of March 2, blaming the measure on the lack of flights to Mexico and the Caribbean.
Eldorado Gold shares rise on mine development agreement with Greek government

Eldorado Gold shares rise on mine development agreement with Greek government

CALGARY — Shares in Eldorado Gold Corp. rose Friday after it announced a negotiated agreement with the Greek government that could allow more development of its mines in northern Greece.
A meagre gain in US jobs last month highlights virus' damage

A meagre gain in US jobs last month highlights virus' damage

WASHINGTON — America's employers barely added jobs last month, underscoring the viral pandemic's ongoing grip on the economy and likely adding momentum to the Biden administration's push for a bold rescue aid package.
Advocate accuses Air Canada of a lack of transparency on passenger refunds

Advocate accuses Air Canada of a lack of transparency on passenger refunds

A consumer rights group says Air Canada is not being straight with the public on the issue of customer refunds, even as it seeks a bailout package from the government.
Forced store closures dampen Indigo's holiday sales period, but profits still climb

Forced store closures dampen Indigo's holiday sales period, but profits still climb

TORONTO — Indigo Books and Music Inc. started the lucrative holiday sales period with one of its strongest performances on record before new COVID-19 lockdowns dampened the chain's sales, CEO Heather Reisman said.
U.S. trade deficit rises to 12-year high $679 billion

U.S. trade deficit rises to 12-year high $679 billion

WASHINGTON — The U.S. trade deficit rose 17.7% last year to $679 billion, highest since 2008, as the coronavirus disrupted global commerce and confounded then-President Donald Trump's attempts to rebalance America's trade with the rest of the world.
Government financial support pushes Canadian insolvencies to lowest level in 20 years

Government financial support pushes Canadian insolvencies to lowest level in 20 years

OTTAWA — Canadian insolvency filings hit a 20-year low last year as government financial support offset the shock and economic uncertainty caused by COVID-19.
A sexy Alexa, Dan Levy's M&M habit: Super Bowl ads to watch

A sexy Alexa, Dan Levy's M&M habit: Super Bowl ads to watch

It might not have seemed likely early in the pandemic, but the 55th Super Bowl Sunday is upon us yet again. Each year advertisers pull out all the stops to entertain the crowd of 100 million viewers expected to tune in to the CBS broadcast on Sunday.
Statistics Canada says merchandise trade deficit narrowed to $1.7 billion in December

Statistics Canada says merchandise trade deficit narrowed to $1.7 billion in December

OTTAWA — Statistics Canada says the country's merchandise trade deficit narrowed to $1.7 billion in December, the smallest deficit since June, as energy exports rose.
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