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Bombardier chairman defends $17.5-million severance package for former CEO

Bombardier chairman defends $17.5-million severance package for former CEO

MONTREAL — The chairman of Bombardier Inc. is defending the multimillion-dollar compensation plan handed to former CEO Alain Bellemare.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (15,479.83, up 51.14 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down two cents, or 3.92 per cent, to 49 cents on 14.
Indigenous bank workers still face barriers despite employer efforts, says study

Indigenous bank workers still face barriers despite employer efforts, says study

TORONTO — A new study says significant barriers continue to exist when it comes to hiring, retaining and promoting Indigenous workers in Canada's banking and financial sector.
Open letter from 27 CEOs calls for Canada to lighten travel restrictions

Open letter from 27 CEOs calls for Canada to lighten travel restrictions

TORONTO — Chief executives from 27 companies including three airlines say it's time for Canada's prime minister and provincial premiers to relax restrictions on air travel for the good of the economy.
Surging Shopify and energy strength prompts partial recovery of TSX

Surging Shopify and energy strength prompts partial recovery of TSX

TORONTO — Canada's main stock index recovered some of Wednesday's losses as tech darling Shopify Inc. surged after receiving an analyst upgrade. The Ottawa-based company's shares gained 5.
California orders people to wear masks in most indoor spaces

California orders people to wear masks in most indoor spaces

SACRAMENTO, Calif. — California on Thursday started requiring people throughout the state to wear masks in most indoor settings and outdoors when distancing isn't possible. “Science shows that face coverings and masks work,” Gov.
Grocer Empire Co. reports Q4 profit and sales up, raises dividend

Grocer Empire Co. reports Q4 profit and sales up, raises dividend

Customers seeking one-stop-shop options helped push Empire Co.'s fourth-quarter profits beyond analysts' expectations as the COVID-19 pandemic continued to unfold in Canada.
Lengthy lockout: Co-op announces tentative deal with Regina refinery workers

Lengthy lockout: Co-op announces tentative deal with Regina refinery workers

REGINA — The end could be in sight for a bitter labour dispute between the union and owner of Regina's oil refinery complex, as both sides say they're reached a tentative contract deal. Federated Co-operatives Ltd.
Cream of Wheat, Mrs. Butterworth confront race in packaging

Cream of Wheat, Mrs. Butterworth confront race in packaging

Colgate, Cream of Wheat and Mrs. Butterworth are the latest brands reckoning with racially charged logos. The soul-searching comes in the wake of PepsiCo's announcement Wednesday that it's renaming its Aunt Jemima syrup brand. Mars Inc.
Vale to restart work at Voisey's Bay, production expected to resume in July

Vale to restart work at Voisey's Bay, production expected to resume in July

ST. JOHN'S, N.L. — Vale S.A. is moving to resume operations at the Voisey's Bay mine in Labrador in early July. The company says it has moved from care and maintenance into a planned maintenance period, the first step in restarting operations.