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National Business
National Business
Banking regulator increasing focus on money laundering as risks rise: Routledge
TORONTO — The head of Canada's banking regulator says he's ramping up scrutiny of money laundering in the financial sector as risks increase.
Jan 19, 2024 2:17 PM
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Bombardier wins court case against supplier Honeywell on engine costs
MONTREAL — Engine supplier Honeywell International Inc. must negotiate with Bombardier Inc. on the cost of the jet engines it rolls out for the Montreal-based plane maker, a Quebec Superior Court judge has ruled.
Jan 19, 2024 2:03 PM
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Fifty Ontario workers included in global layoff at home goods company Wayfair
TORONTO — Wayfair says about 50 Canadians are part of a layoff impacting 1,650 employees at the home goods company. Spokesperson Susan Frechette says the 50 Canadians are all in Ontario.
Jan 19, 2024 10:48 AM
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At Davos, leaders talked big on rebuilding trust. Can the World Economic Forum make a difference?
DAVOS, Switzerland (AP) — Business and political elites descended on the Swiss Alpine snows of Davos to suss out “rebuilding trust” in a splintering world.
Jan 19, 2024 10:09 AM
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Retail sales down 0.2% in November in 'Black Friday bust'
Canada's holiday sales period got underway in November with a 0.2 per cent decline in retail sales led by falling purchases at food and beverage retailers.
Jan 19, 2024 10:05 AM
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Blackstone to take Tricon Residential private in US$3.5 billion deal
TORONTO — Blackstone Real Estate says it will purchase all outstanding shares in Tricon Residential Inc. and take the Toronto-based rental development company private. New York-based Blackstone says it will pay about US$11.
Jan 19, 2024 9:49 AM
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Best Buy and Bell partner up to rebrand, revamp The Source stores across Canada
MONTREAL — Best Buy Canada and Bell Canada have announced a partnership to rebrand and revamp 165 The Source stores.
Jan 18, 2024 6:03 PM
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Crave tells subscribers they'll need to fork out $2 more per month to avoid ads
Avoiding commercials on the Crave streaming service is about to get a little costlier. Bell Media has told Crave subscribers who use its "premium ad-free" package that they'll now have to pay $22 per month — an increase of $2.01.
Jan 18, 2024 5:19 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 (20,756.73, up 61.71 points): Enbridge Inc. (TSX:ENB). Energy. Down 48 cents, or 0.98 per cent, to $48.29 on 15.6 million shares.
Jan 18, 2024 5:14 PM
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Shares in Birchcliff Energy down more than 9% after cutting dividend in half
CALGARY — Shares of Birchcliff Energy Ltd. fell more than nine per cent in trading on Thursday after the company cut its quarterly dividend in half and lowered its expectations for capital spending and production for the year.
Jan 18, 2024 4:52 PM
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