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Household debt-to-income rations lower in Q4: StatCan

Household debt-to-income rations lower in Q4: StatCan

OTTAWA — Statistics Canada says household debt as a percentage of disposable income edged down in the fourth quarter. The agency says Canadian households owed an average of $1.763 for every dollar of disposable income, down from the $1.
ARC Resources cuts capital budget for 2020, slashes dividend payment

ARC Resources cuts capital budget for 2020, slashes dividend payment

CALGARY — ARC Resources Ltd. cut its capital budget and slashed its dividend to help deal with the plunge on commodity markets.
Stock markets recover after turbulent trading

Stock markets recover after turbulent trading

BANGKOK — European stocks rose Friday and Wall Street was set to gain on the open after turbulent trading in Asia and a day after the market's worst session in over three decades. Shares rose in Paris and London but fell 6.
Coronavirus brings entertainment world to a standstill

Coronavirus brings entertainment world to a standstill

NEW YORK — The entertainment industry prepared Thursday for an unprecedented shutdown to curb the spread of the coronavirus, cancelling upcoming movies, suspending all Broadway performances and scuttling concert tours until it's safe to welcome crowd
Businesses ramp up COVID-19 precautions amid workplace cases

Businesses ramp up COVID-19 precautions amid workplace cases

TORONTO — Businesses are ramping up their efforts to stop the spread of the novel coronavirus after a string of cases cropped up at Canadian workplaces in recent days.
Bank of Canada pumps $7B, expands bond buy-backs to ease economic concerns

Bank of Canada pumps $7B, expands bond buy-backs to ease economic concerns

OTTAWA — The Bank of Canada says it is providing $7 billion to the country's banking system and expanding its bond buy-back program.
Broadway shuts its doors over ongoing coronavirus concerns

Broadway shuts its doors over ongoing coronavirus concerns

New York's governor ordered all Broadway theatres to shut their doors in the face of ongoing coronavirus concerns, plunging into darkness one of the city's most popular tourist attractions and causing turmoil in the run-up to the Tony Awards. Gov.
Fast and Furious film, 'Mulan' postponed due to virus

Fast and Furious film, 'Mulan' postponed due to virus

LOS ANGELES — The Walt Disney Co. officially postponed the theatrical release of “Mulan," while Universal Pictures moved back the release of the ninth Fast and Furious film by a year amid the coronavirus outbreak.
Broadway shuts its doors over ongoing coronavirus concerns

Broadway shuts its doors over ongoing coronavirus concerns

New York's governor ordered all Broadway theatres to shut their doors in the face of ongoing coronavirus concerns, plunging into darkness one of the city's most popular tourist attractions and causing turmoil in the run-up to the Tony Awards. Gov.
Fear grips investors as North American stock markets plunge, loonie down

Fear grips investors as North American stock markets plunge, loonie down

Major North American indexes continued to plunge Thursday as news of large-scale cancellations failed to ease investors' concerns about the spread of the novel coronavirus pandemic.