National Business

MONTREAL — Air Canada will temporarily lay off 16,500 employees starting this week as the airline struggles with fallout from the COVID-19 pandemic.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (13,038.50, up 350.76 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down three cents, or 6.59 per cent, to 42.5 cents on 17.

TORONTO — Canada's main stock index moved higher on gains by the key energy sector even though the price of crude oil dropped to its lowest level since 2002.

DONKIN, N.S. — A troubled underground coal mining operation in Cape Breton has been permanently closed by its owners.

CALGARY — Oilsands producers are likely losing money or barely breaking even as prices for Western Canadian Select bitumen-blend crude dipped as low as US$3.82 per barrel on Monday, analysts said.

TORONTO — Some of Canada's biggest residential landlords say they're committed to working with tenants who have lost their job because of the novel coronavirus pandemic.

TORONTO — About 20 litres of heavy water containing radioactive tritium spilled in a weekend mishap at the nuclear plant near Kincardine, Ont., Bruce Power said on Monday.

TORONTO — An Ontario Superior Court judge has ruled against the Canadian Imperial Bank of Commerce in an overtime class-action lawsuit filed more than a decade ago.

Grace An nearly cried after the landlord for her downtown Toronto restaurant called with a compromise: pay half the roughly $5,000 rent in April and May, and pay back the other half over time when business, hopefully, returns to normal.

MONTREAL — WestJet Airlines Ltd. says it is cancelling all transatlantic and U.S. routes until May 4, extending its 30-day suspension by two more weeks. The Calgary-based company will offer no flights to the U.S.