National Business

GUELPH, Ont. — Auto parts supplier Linamar Corp. says it is withdrawing its 2020 financial outlook until market conditions become clearer for the global automotive industry. Global light vehicle production is expected to be 21 per cent or 18.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (14,388.28, up 28.40 points.) StageZero Life Sciences Ltd. (TSX:SZLS). Health care. Up one cent, or 14.29 per cent, to eight cents on 10.

CALGARY — PrairieSky Royalty Ltd. is reporting a 67 per cent drop in net earnings on sharply lower oil and gas prices in the first quarter.

TORONTO — Canada's main stock index rose slightly to start the week even as oil future contracts plummeted on oversupply pressure. "This is a historic day.

Mark VanderVeen and his team at Clean Works were determined to work at all hours, even over Easter weekend, to get their sanitization equipment out to front-line workers.

CALGARY — A Calgary energy analyst says the plunge by benchmark U.S. crude oil prices into negative territory for the first time on Monday is a short-term anomaly that likely won't have a lasting effect on Canadian producers.

VANCOUVER — A report from the B.C. Real Estate Association says the 2020 COVID-driven recession will be deep, although it could be shorter than other Canadian economic downturns.

MONTREAL — AMD Medicom Inc. says it will open a new Canadian mask manufacturing facility near its Montreal head office by July. The move is expected to create at least 33 permanent jobs.

Canadian businesses struggling amid the COVID-19 pandemic are getting some relief from the e-commerce platforms they use to sell their goods and services. E-commerce companies including Shopify Inc., Amazon.com Inc.

CALGARY — A move by Husky Energy Inc. to halt production of 80,000 barrels per day takes the total reduction in Canadian crude output to about 365,000 bpd since the onset of measures to deal with the COVID-19 pandemic, an analyst says.