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A list of some of the companies that have filed for CCAA since the pandemic
TORONTO — A list of some of the companies that have filed for court protection from creditors under the Companies' Creditors Arrangement Act since the beginning of the pandemic:: July 8: DavidsTea Inc.
Jul 8, 2020 5:51 PM
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Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,629.19, up 33.69 points.) The Toronto-Dominion Bank (TSX:TD). Financials. Up eight cents, or 0.13 per cent, to $60.30 on 21.
Jul 8, 2020 5:42 PM
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DavidsTea granted court protection while it negotiates with landlords
MONTREAL, Ont. — DavidsTea has been granted court protection from creditors so it can continue operating while it restructures and plans to close a significant number of its stores.
Jul 8, 2020 5:42 PM
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New Ontario law makes it harder to sue companies via class action
TORONTO — Ontario lawmakers approved a bill on Wednesday that sets a higher bar for class action suits, and experts say it will be harder for consumers to sue businesses. "Because the test is more challenging now, many cases will get dropped.
Jul 8, 2020 5:41 PM
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Gold gets a lift as hedge with Canada's deficit to surpass $340 billion
TORONTO — Canada's main stock index moved higher along with gold prices Wednesday as the country's deficit was projected to surpass $340 billion.
Jul 8, 2020 5:36 PM
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Brooks Brothers, worn by Lincoln and Kennedy, goes bankrupt
NEW YORK — Brooks Brothers, the 200-year-old company that dressed nearly every U.S. president, filed for bankruptcy protection Wednesday, the latest major clothing seller to be toppled by the coronavirus pandemic.
Jul 8, 2020 5:03 PM
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Via to temporarily layoff about 1,000 workers as pandemic impacts its business
MONTREAL — Via Rail is temporarily laying off about 1,000 unionized employees as the company copes with interrupted routes and reduced travel demand amid the COVID-19 pandemic.
Jul 8, 2020 4:56 PM
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CFL's Edmonton Eskimos speed up name review as sponsor backlash builds
The Edmonton Eskimos promised to speed up a review of its name and provide an update at the end of the month after at least one of its sponsors announced it plans to cut ties with the Canadian Football League team unless it changes its name.
Jul 8, 2020 3:23 PM
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Ontario's private pot shops upset about giving up delivery and curbside pickup
TORONTO — Ontario's private cannabis stores will have to give up offering delivery and curbside pickup next week — and they're not happy about it.
Jul 8, 2020 1:49 PM
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Air Transat signs deal to use jet fuel made from captured carbon dioxide
MONTREAL — Air Transat is looking to reduce greenhouse gas emissions from its airplanes by using jet fuel made from kerosene in a process that captures carbon dioxide produced by large industrial emitters.
Jul 8, 2020 1:37 PM
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