National Business

TORONTO — DesRosiers Automotive Consultants Inc. says auto sales plunged 48 per cent in March from last year because of the Covid-19 pandemic.

OTTAWA — Shopify Inc. says it is suspending its financial outlook for the year because of the uncertainty stemming from COVID-19.

MONTREAL — The former head of Energir will be the first woman to become chief executive of Hydro-Quebec. Sophie Brochu takes over for Eric Martel on Monday, the same day he becomes chief executive of Bombardier Inc., replacing Alain Bellemare.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (12,861.93, down 516.82 points.) TC Energy Corp. (TSX:TRP). Down $4.69, or 7.5 per cent, to $57.86 on 15.1 million shares.

TORONTO — North American stock markets followed the worst first quarter since the 2008 financial crisis with an April 1st that was no joke. Markets each sustained triple-digit losses following U.S.

Dollarama Inc. declined to provide its annual financial guidance for its 2021 financial year due to COVID-19 pandemic, but said it expects to see some negative impacts.

TORONTO — Canada's largest movie exhibitor will keep its doors closed nationwide into the foreseeable future amid the COVID-19 pandemic.

NEW YORK — Instead of watching their own finances crater, shut-in television viewers tuned in to the game show “Let's Make a Deal” in record numbers last week.

TORONTO — Amid the mass transition to remote working as a result of the COVID-19 pandemic, most employers are likely focused on operational issues in order to get their employees up and running in their new home offices.

WASHINGTON — Manufacturing contracted in the United States and around the world last month, dragged down by economic fallout from the coronavirus outbreak.