National Business

TORONTO — The federal government needs to move quickly to support the Canadian news industry amid the economic downturn brought about by the response to the COVID-19 pandemic, an industry spokesman said Monday.

TORONTO — Major commercial landlords in Canada are offering rent deferrals to tenants as the COVID-19 pandemic has forced many businesses to close their stores.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (13,592.70, up 654.40 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up 1.5 cents, or 3.7 per cent, to 42 cents on 19.

TORONTO — North American stock markets surged to start the trading week on hopes of slowing growth of COVID-19 in parts of Europe and New York.

CALGARY — When a relationship breaks down after more than 60 years of mutual benefit, feelings are bound to get hurt.

Natalie Rahey and Blair Skrupski were supposed to be standing under a wedding canopy in three weeks, hand in hand on a Caribbean beach surrounded by friends and family.

TORONTO — Postmedia Network Canada Corp. will delay the release of its next quarterly report by as much as six weeks as a result of relaxed filing rules that have been put in place by securities regulators because of the COVID-19 pandemic.

CALGARY — Trican Well Service Ltd. says it has cut its employee costs by half through salary reductions, layoffs and job sharing in reaction to a severe slowdown in drilling activity due to low oil prices.

WINNIPEG — Unionized workers of the Winnipeg Free Press have accepted a temporary' wage cut requested by the newspaper's publisher, who said last week the newspaper needs flexibility to survive a collapse in advertising revenue since the COVID-19 cri

MONTREAL — CAE Inc. is temporarily laying off about a quarter of its staff, cutting salaries and suspending its dividend and share repurchase plan in response to the COVID-19 pandemic.