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Toronto Star owner Torstar to be sold, taken private in $52- million deal

Toronto Star owner Torstar to be sold, taken private in $52- million deal

TORONTO — Five families that built and grew media conglomerate Torstar Corp. have agreed to hand the newspapers they presided over for roughly 70 years to a Canadian investment firm that plans to take the company private.
N.L. warns of exodus of oil and gas industry without more federal help

N.L. warns of exodus of oil and gas industry without more federal help

ST. JOHN'S, N.L. — Newfoundland and Labrador's government is looking for a rapid answer from Ottawa on its request for aid for the offshore oil sector in light of a quickening exodus of exploration rigs from the province.
Stanley Ho, who built Macao's gambling industry, dies at 98

Stanley Ho, who built Macao's gambling industry, dies at 98

HONG KONG — Casino tycoon Stanley Ho, whose business empire dominated the Portuguese gambling enclave of Macao for decades, died Tuesday in Hong Kong at age 98.
Kansas governor vetoes limits on her power but loosens rules

Kansas governor vetoes limits on her power but loosens rules

TOPEKA, Kan.
Stocks rise on Wall Street, but US braces for 100,000 deaths

Stocks rise on Wall Street, but US braces for 100,000 deaths

NEW YORK — Stocks surged on Wall Street to their highest levels since the business shutdowns took hold in the U.S.
National Bank reports Q2 net income of $379 million, beats analyst expectations

National Bank reports Q2 net income of $379 million, beats analyst expectations

MONTREAL — National Bank of Canada's net income plunged 32 per cent in its second quarter as it put aside five times the provisions for credit losses than it did a year ago due to the economic storm triggered by the COVID-19 pandemic.
Air Canada seeks to raise more than $1B to boost cash position amid COVID-19

Air Canada seeks to raise more than $1B to boost cash position amid COVID-19

MONTREAL — Air Canada is hoping to raise more than $1 billion in share and debt offerings to bolster its cash position amid the financial devastation of the COVID-19 pandemic.

Cascades to close containerboard plant in Burlington, Ont., affecting 45 workers

KINGSEY FALLS, Que. — Cascades Inc. says it will close its Brown containerboard plant in Burlington, Ont., by the end of July, a decision that will affect the 45 employees. The Kingsey Falls, Que.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,148.12, up 72.70 points.) HEXO Corp. (TSX:HEXO). Health care. Down 12 cents, or 11 per cent, to 97 cents on 16.8 million shares.
Tilray Inc. to close Leamington, Ont., greenhouse over next 6 weeks

Tilray Inc. to close Leamington, Ont., greenhouse over next 6 weeks

NANAIMO, B.C. — Tilray Inc. says it will close a licensed cannabis greenhouse in Ontario, which will save the company millions of dollars a year. The Nanaimo, B.C.