National Business

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (14,270.09, down 688 points). Cenovus Energy Inc. (TSX:CVE). Energy. Down nine cents, or 2.12 per cent, to $4.16 on 23.

CALGARY — Players in Canada's oilpatch are continuing to cut capital spending plans in the wake of this week's sharp plunge in oil prices. After markets closed Wednesday, Birchcliff Energy Ltd.

TORONTO — Canada's main stock index crossed into bear market territory Wednesday in the wake of the World Health Organization declaring the COVID-19 outbreak a pandemic. The S&P/TSX composite index closed down 688 points or 4.

MONTREAL — Air Canada is cancelling an order for 11 Boeing 737 Max aircraft amid ongoing production delays to the grounded jet, which continues to face questions around its safety.

TORONTO — The Metro Toronto Convention Centre should have been bustling Wednesday with guests at a two-day retail, marketing and technology conference, but the event's plans changed with news that a Sudbury man who visited the venue last week had con

NEW YORK — There's only one television show that can stand atop the weekly ratings and say it did the same thing more than 40 years ago.

WASHINGTON — The Trump administration is working on plans to delay the April 15 federal tax deadline for some taxpayers in a bid to soften the impact of the coronavirus outbreak on the U.S. economy.

MONTREAL — Air Canada says travellers can rebook recently purchased flights that depart before May without incurring a fee as part of the airline's latest response to the novel coronavirus outbreak.

CALGARY — Bonterra Energy Corp. is suspending its dividend in the face of the volatility and weakness in global energy markets.

TOKYO — European stock markets edged up Wednesday after Asian shares mostly declined, as governments were ramping up aid for economies reeling from the virus outbreak. France's CAC 40 gained 0.8% to 4,673, while Germany's DAX rose 0.6% to 10,537.