The Daily Chase: TSX back near record high as rail stoppage looms

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The Daily Chase: TSX back near record high as rail stoppage looms
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Here are five things you need to know this morning.

A Canadian National Railway locomotive pulls a train in Montreal, Quebec, Canada, on Tuesday, April 20, 2021.Futures are drifting a bit lower this morning after what has been a rocking week for equities.and the TSX is back near record highs. Last week’s sell off is looking more like a distant memory. In fact, the Volatility Index has gone from a crisis reading of 65 to just 15 in the span of nine business days.

. This won’t come as a total surprise, of course. Four board members resigned Monday and the stock was halted Wednesday on the NEO exchange. Over the past year Lynx Air and Swoop Holdings have also left the skies.Canopy Growth announced its CEO David Klein will be retiring after four years at the helm of the company. He will stay on until next quarter and continue to be the CEO until a successor is named. I am told it was Klein’s decision to retire.

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