April 17th, 2021

Business

A $1.2 billion loss for Delta, but recovery is on the radar

By David Koenig, The Associated Press on April 15th, 2021

Delta Air Lines lost $1.2 billion in the first quarter, more than expected, but executives said Thursday that the airline could be profitable by late summer if the budding recovery in air travel continues. CEO Ed Bastian said Thursday that ticket sales have been stronger in the last two weeks than at any time since ... Read More »

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Charities hope Liberals’ budget lends helping hand as sector eyes long recovery

By The Canadian Press on April 15th, 2021

OTTAWA – Canada’s charities are hoping the Liberals extend them a helping hand in net week’s budget as the sector faces the possibility of a prolonged road to recovery, even after the economy reopens. Charities and non-profits have been hit hard during the pandemic as donations have dried up while demand for their services spiked. ... Read More »

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North American stock markets up in late-morning trading, loonie edges lower

By The Canadian Press on April 15th, 2021

TORONTO – Gains in the base metals sector led the way as Canada’s main stock index posted a triple-digit advance in late-morning trading and U.S. stock markets also pushed higher. The S&P/TSX composite index was up 116.78 points at 19,288.44. In New York, the Dow Jones industrial average was up 253.11 points at 33,984.00. The ... Read More »

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Strategize when ordering meal kits for one, families, picky eaters and special diets

By Tara Deschamps, The Canadian Press on April 15th, 2021

TORONTO – For Jason Kucherawy, dinnertime requires serious organization. The Toronto tour company owner will try anything, his wife mostly sticks with a vegetarian diet but will eat chicken and their kids’ tastes are anyone’s guess. “I always have a backup plan: a pot of macaroni and cheese on the stove,” said Kucherawy. But before ... Read More »

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Most Black female entrepreneurs face barriers to financing: report

By The Canadian Press on April 15th, 2021

TORONTO – A study has found the vast majority of Black women who are entrepreneurs in Canada say they face significant barriers to financing, including the cost of borrowing. The report released by the Black Business and Professional Association looked at how the pandemic has affected Black female entrepreneurs who have been harder hit and ... Read More »

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US industrial production warms with the weather, rising 1.4%

By Paul Wiseman, The Associated Press on April 15th, 2021

WASHINGTON – American industry rebounded last month as the United States recovered from an unusually frigid February. Industrial production – including output at factories, mines and utilities – rose 1.4% in March, reversing a 2.6% drop in February, the Federal Reserve reported Thursday. The increase was about half the surge economists had expected as federal ... Read More »

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Canadian home sales up 76% year-over-year, set new March record: CREA

By The Canadian Press on April 15th, 2021

OTTAWA – The Canadian Real Estate Association says home sales hit an all-time record in March as supply slowly returned to the overheated market. Sales across the country amounted to 76,259 last month, up 76.2 per cent from 43,283 during the same period last year. On a month-over-month basis, sales in March were up 5.2 ... Read More »

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North American stock markets up in early trading, loonie climbs higher

By The Canadian Press on April 15th, 2021

TORONTO – Canada’s main stock index posted a triple-digit advance in early trading as the technology and base metals sectors helped lead the way and U.S. stock markets also climbed higher. The S&P/TSX composite index was up 123.95 points at 19,295.61. In New York, the Dow Jones industrial average was up 221.71 points at 33,952.60. ... Read More »

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U.S. industrial production rises 1.4% as weather warms

By Paul Wiseman, The Associated Press on April 15th, 2021

WASHINGTON – American industry rebounded last month as the United States recovered from an unusually frigid February. Industrial production – including output at factories, mines and utilities – rose 1.4% in March, reversing a 2.6% drop in February, the Federal Reserve reported Thursday. Output rose 2.7% at factories and 5.7% at mines. Utility production plunged ... Read More »

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Statistics Canada says manufacturing sales fell 1.6 per cent in February

By The Canadian Press on April 15th, 2021

OTTAWA – Statistics Canada says manufacturing sales fell in February as the auto sector faced a shortage of microchips that forced some assembly plants to ramp down production or shut down. The agency says manufacturing sales fell 1.6 per cent to $55.4 billion in February on lower sales of transportation equipment, offset in part by ... Read More »

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