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Centerra's Kumtor subsidiaries file for Chapter 11 bankruptcy protection in U.S.

Centerra's Kumtor subsidiaries file for Chapter 11 bankruptcy protection in U.S.

TORONTO — Centerra Gold Inc. says its wholly owned subsidiaries that own and operate the Kumtor Mine have filed for Chapter 11 bankruptcy protection in the U.S.
Uncertain path ahead to next year's Ontario election, experts say

Uncertain path ahead to next year's Ontario election, experts say

TORONTO — With exactly one year until Ontario heads to the polls, experts and political observers say the cloud of uncertainty surrounding pandemic life will have a profound impact on the province's next election.
Quebec cannabis corporation names interim CEO as Bergeron heads to Loto-Québec

Quebec cannabis corporation names interim CEO as Bergeron heads to Loto-Québec

MONTREAL — The Quebec cannabis corporation has appointed Paul Furfaro interim president and CEO, replacing Jean-François Bergeron, who has departed to head Loto-Québec.
Federal funding for Via Rail helps to soften the pain from plunge in passengers

Federal funding for Via Rail helps to soften the pain from plunge in passengers

MONTREAL — Financial government support helped to cushion the blow for Via Rail created by an 81 per cent drop in passenger revenues in the first quarter. The passenger rail service says it lost $2.
TekSavvy says government should overturn CRTC ruling, call in Competition Bureau

TekSavvy says government should overturn CRTC ruling, call in Competition Bureau

TORONTO — TekSavvy Solutions Inc. says it wants the federal government to order a Competition Bureau investigation into the telecom industry in light of recent CRTC decisions.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,730.99, down 121.19 points.) Zenabis Global Inc. (TSX:ZENA). Health care. Unchanged at 14.5 cents on 9.3 million shares.
S&P/TSX composite falls after intraday record to close fourth straight month of gains

S&P/TSX composite falls after intraday record to close fourth straight month of gains

TORONTO — Canada's main stock index closed out a fourth-straight month of gains despite losing some ground in the final day of May. The S&P/TSX composite index fell 121.19 points to 19,730.99 despite reaching an intraday record of 19,909.58. U.S.
N.L. budget projects smaller deficit but growing debt, aims for surplus in six years

N.L. budget projects smaller deficit but growing debt, aims for surplus in six years

ST. JOHN'S, N.L. — Newfoundland and Labrador is hoping to cut its deficit nearly in half, aided in part by an oil rebound.
OECD raises outlook for Canadian economic growth this year

OECD raises outlook for Canadian economic growth this year

OTTAWA — Canada's economy could be in for a significant rebound this year, according to an upgraded outlook from the Organization for Economic Co-operation and Development.
Dye & Durham shares up after management group indicates interest to take firm private

Dye & Durham shares up after management group indicates interest to take firm private

TORONTO — Shares of Dye & Durham Ltd. were up 15 per cent after the company said it has received an indication of interest from a shareholder group led by management to take the company private.