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North American bounce back following additional intervention from U.S. Fed

TORONTO — North American stock markets bounced back Monday from early pandemic-induced anxieties following a further intervention from the Federal Reserve. The U.S.
Bombardier to be dropped from S&P/TSX composite index, shares down

Bombardier to be dropped from S&P/TSX composite index, shares down

TORONTO — Bombardier Inc. shares tumbled nearly 12 per cent Monday after news that it will be dropped from the S&P/TSX composite index, adding to the plane-and-train maker's list of woes.
Federal Court awards Ski-Doo maker BRP $3M in damages after patent violation

Federal Court awards Ski-Doo maker BRP $3M in damages after patent violation

OTTAWA — A Federal Court judge has ruled that Ski-Doo maker BRP Inc. is entitled to $2.83 million in damages from rival Arctic Cat Inc. due to a snowmobile patent infringement.
Cineplex plans to reopen cinemas, while shares suffer over failed Cineworld deal

Cineplex plans to reopen cinemas, while shares suffer over failed Cineworld deal

TORONTO — Cineplex Inc. is inching towards a gradual reopening of its Canadian theatres, starting in Alberta later this month before going wider across the country in early July.
Shopify and Walmart team up to take on shared competitor: Amazon.com

Shopify and Walmart team up to take on shared competitor: Amazon.com

Shopify Inc. is upping the ante in its battle against Amazon.com Inc. by aligning itself Walmart Inc. in its fight with the Seattle online retailer.
May home sales up compared with April, but still well below year-ago level

May home sales up compared with April, but still well below year-ago level

OTTAWA — Sales of residential properties in May were up from a record low in April, but were still down 39.8 per cent from the same month last year, the Canadian Real Estate Association reported Monday.
J.D. Irving to begin work in July on $35M sawmill expansion in Doaktown, N.B.

J.D. Irving to begin work in July on $35M sawmill expansion in Doaktown, N.B.

DOAKTOWN, N.B. — J.D. Irving Ltd. says work will get underway next month on the $35-million modernization and expansion at its sawmill in Doaktown, N.B.

Statistics Canada says manufacturing sales posted record plunge in April

OTTAWA — Canadian manufacturing sales fell by a record amount in April, the first full month of physical distancing measures in the wake of COVID-19, but sales are expected to regain at least some ground in May as factories moved to resume production
Nissan banks on new Rogue small SUV to begin US comeback

Nissan banks on new Rogue small SUV to begin US comeback

DETROIT — There’s a lot riding on the Nissan Rogue, the struggling Japanese automaker’s top-selling vehicle in the hottest part of its second-biggest market, the United States.
BP takes $17.5B hit as pandemic accelerates emissions cuts

BP takes $17.5B hit as pandemic accelerates emissions cuts

LONDON — Energy company BP is writing down its oil and gas assets by as much as $17.