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Cogeco Communications reports Q1 profit and revenue up, trims guidance for full year
MONTREAL — Cogeco Communications Inc. reported its first-quarter profit and revenue rose compared with a year ago, but the company trimmed its guidance for its full financial year.
Jan 13, 2023 8:59 AM
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Shaw sees revenue, income decline in first quarter of fiscal 2023
CALGARY — Shaw Communications Inc. says revenue for its first quarter ended Nov. 30, 2022 saw revenue decrease by 1.2 per cent year over year. The Calgary-based company says net income for the quarter was down 14.
Jan 12, 2023 6:26 PM
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RBC subsidiary in U.S. to pay $31 million redlining settlement
TORONTO — An RBC subsidiary in the U.S. has reached a US$31-million settlement with the Department of Justice over allegations of discrimination by limiting mortgage lending in predominately Black and Latino communities.
Jan 12, 2023 5:56 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,211.20, up 186.15): Algonquin Power & Utilities Corp. (TSX:AQN). Utilities. Down 42 cents, or 4.22 per cent, to $9.53 on 14.
Jan 12, 2023 5:23 PM
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S&P/TSX composite gains almost one per cent, U.S. markets also rise
TORONTO — Canada's main stock index gained almost one per cent Thursday, buoyed by strength in the energy and financial sectors, while U.S. markets also rose. The S&P/TSX composite index was up 186.15 points at 20,211.20.
Jan 12, 2023 4:43 PM
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Banking regulator launches consultations on mortgage rules, proposes additions
TORONTO — Stricter rules around qualifying for a mortgage could be coming as Canada's banking regulator seeks feedback on several proposals to limit the number of overstretched borrowers.
Jan 12, 2023 4:30 PM
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'Consumer demand is not letting up:' Aritzia posts record sales despite inflation
Canadian fashion brand Aritzia Inc.'s sales momentum continued unabated in its latest quarter, appearing nearly immune to the spending pullback plaguing much of the retail industry amid high inflation.
Jan 12, 2023 4:24 PM
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Wall Street ticks higher as hot US inflation cools further
NEW YORK (AP) — Wall Street closed higher after a report showed inflation slowed again last month. The S&P 500 rose 0.3% Thursday. The Nasdaq and the Dow each rose 0.6%.
Jan 12, 2023 4:10 PM
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Hundreds of jobs affected as Canfor announces pulp line closure at B.C. mill
PRINCE GEORGE, B.C. — An estimated 300 jobs in British Columbia will likely be gone by the end of the year as Canfor Pulp Products closes the pulp line at its Prince George pulp and paper mill.
Jan 12, 2023 3:47 PM
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House votes to block China from buying oil from US reserves
WASHINGTON (AP) — The Republican-controlled House on Thursday voted to block oil from the country's emergency stockpile from going to China.
Jan 12, 2023 2:31 PM
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