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Cogeco expects internet services to drive growth as customers work from home

Cogeco expects internet services to drive growth as customers work from home

MONTREAL — Cogeco Inc. expects to see overall growth in revenue, adjusted earnings and cash flow in its next quarter, which ends Aug. 31, but its executives said Thursday they can't predict over a longer term.
Women's participation in labour force reaches lowest level in three decades: RBC

Women's participation in labour force reaches lowest level in three decades: RBC

TORONTO — The COVID-19 pandemic has pushed women's participation in the labour force down to its lowest level in three decades and rebounding won't be easy, says a new study from the Royal Bank of Canada. The report Thursday shows 1.
Experts say Twitter breach troubling, undermines trust

Experts say Twitter breach troubling, undermines trust

HONG KONG — A breach in Twitter’s security that allowed hackers to break into the accounts of leaders and technology moguls is one of the worst attacks in recent years and may shake trust in a platform politicians and CEOs use to communicate with the
Office subleases are flooding the market in downtown Toronto: real estate firm

Office subleases are flooding the market in downtown Toronto: real estate firm

TORONTO — One commercial real estate company says it has seen a “spike” in vacant offices in downtown Toronto as businesses have struggled to sublet their expensive spaces. Jones Lang LaSalle IP Inc.
Bank of America sees recessionary impacts 'deep into 2022'

Bank of America sees recessionary impacts 'deep into 2022'

NEW YORK — Bank of America's second-quarter profits were sawed in half and the consumer banking giant set aside billions of dollars to cover potentially bad loans caused by the coronavirus pandemic.
Tesla tries to assure workers there's no big virus outbreak

Tesla tries to assure workers there's no big virus outbreak

DETROIT — Tesla is trying to assure its 55,000 employees that there hasn't been a big coronavirus outbreak at company facilities worldwide, despite a report by an electric vehicle industry website that over 130 Tesla employees or contractors have tes
Ottawa's emergency benefits program becomes a flashpoint as businesses reopen

Ottawa's emergency benefits program becomes a flashpoint as businesses reopen

TORONTO — Canada's emergency response benefits have become a flashpoint, as employers seek to recall workers who are still concerned about the effects of the COVID-19 pandemic.
Cirque du Soleil shareholders terminate offer after deal with creditors

Cirque du Soleil shareholders terminate offer after deal with creditors

MONTREAL — The Cirque du Soleil's shareholders terminated their takeover bid after the insolvent entertainment business reached an agreement with its creditors for an offer without any contribution from Quebec taxpayers.
European Central Bank urges leaders to act on economy

European Central Bank urges leaders to act on economy

FRANKFURT — The European Central Bank hit pause Thursday after deploying massive stimulus measures in recent weeks and urged government leaders to do their part by agreeing on an EU-wide fund to support regions hardest hit by the virus outbreak.
Businesses tepid toward B.C. COVID recovery plan, seek bold response: survey

Businesses tepid toward B.C. COVID recovery plan, seek bold response: survey

VANCOUVER — The latest survey of businesses in British Columbia reveals few are confident the province's $1.5-billion recovery plan will help them survive or succeed.
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