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Federal Reserve’s Powell: Regulatory proposal criticized by banks will be revised by end of year
WASHINGTON (AP) — A sweeping bank regulatory proposal will be significantly revised by year’s end,…
Statistics Canada reports $496M merchandise trade surplus for January
OTTAWA – Canada posted a merchandise trade surplus of $496 million in January as imports…
CIBC makes changes in senior executive ranks to strengthen leadership
TORONTO – CIBC is making changes to its executive team as it looks to strengthen…
Auto dealership company AutoCanada reports Q4 loss, sales up from year ago
EDMONTON – AutoCanada Inc. reported a loss in its fourth quarter compared with a profit…
US applications for jobless claims hold at healthy levels
U.S. applications for jobless benefits were unchanged last week, settling at a healthy level as…
European Central Bank keeps key interest rate at a record. Inflation is down, so when will it cut?
FRANKFURT, Germany (AP) — The European Central Bank left its key interest rate at a…
How to avoid paying the pink tax on clothes, toys and other everyday items
TORONTO – When Amrita Maharaj-Dube goes shopping with her daughter, the five-year-old is instantly drawn…
Manitoba government plans to end restriction on labour agreements for big projects
WINNIPEG – The Manitoba government is planning to lift a ban on project labour agreements…
Sleep Country earns $22.5 million in fourth quarter amid ‘industry challenges’
TORONTO – Sleep Country Canada Holdings Inc. says it earned $22.5 million in the fourth…
Tourmaline Oil Corp. earns $700 million in fourth quarter, revenues lower
CALGARY – Tourmaline Oil Corp. says it earned $700.2 million in the last quarter of…
Constellation Software sees earnings, revenues rise in fourth quarter
TORONTO – Constellation Software Inc. says its net income attributable to common shareholders was US$141…
Linamar Corp. earns $104.4 million in fourth quarter as sales rise to $2.5 billion
GUELPH, Ont. – Linamar Corp. says it earned $104.4 million in the fourth quarter of…
Owner of N.B. chip factory destroyed by fire says he hopes to rebuild soon
FREDERICTON – When Ryan Albright got a text Friday evening telling him that the Covered…
The Latest | South Africa says UN court should order Israel to let more aid into Gaza
South Africa has gone back to the United Nations’ top court seeking additional orders for…
S&P/TSX composite makes moderate gain after rate decision, U.S. markets also rise
TORONTO – Canada’s main stock index posted modest gains Wednesday after the Bank of Canada…
Days before festival cancellation, bailiff seized assets from Just for Laughs
MONTREAL – A bailiff seized more than $800,000 in assets from the Montreal company that…
Ex-Google software engineer charged with stealing AI technology while working with Chinese companies
WASHINGTON (AP) — A former software engineer at Google has been charged with stealing artificial…
RBC raises renewable funding target, reports little progress on oil and gas emissions
TORONTO – Royal Bank of Canada plans to ramp up its renewable energy funding, even…
Tight-lipped Bank of Canada holds key rate at 5%, says it’s too early to cut rates
OTTAWA – The Bank of Canada brushed off questions about rate cuts as it held…
Enbridge bullish on Mainline, sees Canadian pipelines maxing out capacity by 2026
CALGARY – Enbridge Inc. is bullish on the future of its Mainline pipeline system in…
Montreal real estate market sees ‘dynamic start’ to 2024 as February home sales rise
MONTREAL – The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales jumped…
OpenAI says Musk agreed the ChatGPT maker should become a for-profit company
Elon Musk supported making OpenAI a for-profit company, the ChatGPT maker said, attacking a lawsuit…
TC Energy confirms latest round of job cuts; unspecified number of employees affected
CALGARY – TC Energy Corp. has cut an unspecified number of jobs, primarily in Calgary…
Fed’s Powell: Rate cuts likely this year, but more evidence is needed that inflation is tamed
WASHINGTON (AP) — Chair Jerome Powell reinforced his belief Wednesday that the Federal Reserve will…