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Asia Today: Hong Kong, Singapore OK quarantine-free travel

Asia Today: Hong Kong, Singapore OK quarantine-free travel

Hong Kong and Singapore will start an air travel bubble at the end of November, allowing travellers from each city to visit the other without entering quarantine in a first step to stimulate tourism amid the coronavirus pandemic. Starting Nov.
CGI reports fourth-quarter profit down from year ago, revenue edged lower

CGI reports fourth-quarter profit down from year ago, revenue edged lower

MONTREAL — CGI Inc. reported its fourth-quarter profit fell more than 20 per cent compared with a year ago as it was hit by a restructuring charge. The business and technology consulting firm says it earned $251.
Aimia reports $10.8M Q3 loss compared with $16.9M profit a year ago

Aimia reports $10.8M Q3 loss compared with $16.9M profit a year ago

TORONTO — Aimia Inc. reported a loss in its latest quarter compared with a profit a year ago. The company says it lost $10.8 million or 15 cents per share for its third quarter which ended Sept. 30. That's compared with a profit of $16.
California voters reject revamp to property tax system

California voters reject revamp to property tax system

SAN DIEGO — California voters rejected a proposal to partially dismantle the state’s 42-year-old cap on property taxes, a move that would have have raised taxes for many businesses in a pandemic-hobbled economy.
Asian shares mostly higher as focus shifts to virus recovery

Asian shares mostly higher as focus shifts to virus recovery

Shares were mostly higher Wednesday in Asia after a worldwide rally spurred by hopes that a COVID-19 vaccine will help the global economy return to normal.
Auto industry has hit trough from COVID-19, says Linamar chief executive

Auto industry has hit trough from COVID-19, says Linamar chief executive

The auto industry has hit its trough from the COVID-19 pandemic, Linamar chief executive Linda Hasenfratz said Tuesday.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,615.37, up 139.51 points.) Enbridge Inc. (TSX:ENB). Energy. Up $1.82, or 4.81 per cent, to $39.65 on 17.6 million shares.
Financials and energy boost S&P/TSX composite as vaccine hopes remain

Financials and energy boost S&P/TSX composite as vaccine hopes remain

TORONTO — Canada's main stock index enjoyed another triple-digit climb Tuesday on continued hope that a COVID-19 vaccine will lead to a global economic recovery. The S&P/TSX composite index closed up 139.51 points to 16,615.

First Nations chief calls $1-billion Clearwater deal a 'generational acquisition'

HALIFAX — The Mi’kmaq chief behind a blockbuster deal to buy Atlantic Canada’s largest seafood firm says it will create wealth for generations, though critics warn it could also reignite tensions with the non-Indigenous lobster fishery.
CAE says recovery tied to lifting of travel restriction, business jet interest

CAE says recovery tied to lifting of travel restriction, business jet interest

CAE Inc. says its recovery from the COVID-19 pandemic will be closely tied to the lifting of travel restrictions and continued demand for private aircraft.