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Former Bank of Canada deputy governor Lynn Patterson joins Scotiabank board

Former Bank of Canada deputy governor Lynn Patterson joins Scotiabank board

TORONTO — Scotiabank says former Bank of Canada deputy governor Lynn Patterson has been appointed to its board of directors. Patterson served as a deputy governor at the central bank from 2014 until her retirement in 2019.

Calfrac says U.S. court sides with company in fight with Wilks Brothers

CALGARY — Calfrac Well Services Ltd. says a U.S. court has sided with the company in its fight with Texas-based Wilks Brothers LLC as it seeks to complete its recapitalization plan. The Calgary-based company says the U.S.
Zoom rides pandemic to another quarter of explosive growth

Zoom rides pandemic to another quarter of explosive growth

SAN RAMON, Calif. — Zoom’s videoconferencing service is deepening its integral role in life during the pandemic as tens of thousands more businesses and other users pay for subscriptions to get more control over their virtual meetings.
Delta, American join United in dropping most US change fees

Delta, American join United in dropping most US change fees

This could be the final boarding call for the $200 ticket-change fee that has enraged so many U.S. airline travellers over the past decade.
Rona Ambrose resigns from Manulife board for full-time employment

Rona Ambrose resigns from Manulife board for full-time employment

TORONTO — Manulife Financial Corp. says former Conservative interim party leader Rona Ambrose has resigned from its board to accept a full-time job. The insurance provider says Ambrose's departure after three years of service is effective Monday.
COVID-19 impact turns B.C.'s 2019-20 budget surplus to $321-million deficit

COVID-19 impact turns B.C.'s 2019-20 budget surplus to $321-million deficit

VICTORIA — British Columbia is expected to battle budget deficits for the next year and likely longer as the COVID-19 pandemic rattles economies provincially and globally, Finance Minister Carole James said Monday. The pandemic turned B.C.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,514.44, down 191.35 points). Suncor Energy Inc. (TSX:SU). Energy. down 83 cents, or 3.81 per cent, to $20.93 on 9.9 million shares.
Amazon wins FAA approval to deliver packages by drone

Amazon wins FAA approval to deliver packages by drone

NEW YORK — Getting an Amazon package delivered from the sky is closer to becoming a reality. The Federal Aviation Administration said Monday it had granted Amazon approval to deliver packages by drones.
North American stock markets rise for fifth straight month in August

North American stock markets rise for fifth straight month in August

TORONTO — North American stock markets rose for a fifth straight month in August despite a drop Monday in the TSX, while the Canadian dollar reached its highest level since early January.
Obsidian hostile takeover bid for Bonterra shows 'frustration,'
analysts say

Obsidian hostile takeover bid for Bonterra shows 'frustration,' analysts say

CALGARY — A hostile takeover offer by Obsidian Energy Ltd. launched by making public a letter to the CEO of Bonterra Energy Corp. demonstrates growing frustration at the slow pace of consolidation in the sector, energy industry analysts say.
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