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National Business
National Business
Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,837.65, up 180.12): TC Energy Corp. (TSX:TRP). Energy. Up $1.24, or 2.36 per cent, to $53.86 on 15.2 million shares.
Mar 29, 2023 1:56 PM
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S&P/TSX composite rises almost one per cent, U.S. markets also post gains
TORONTO — Canada's main stock index rose almost one per cent Wednesday amid broad-based strength while U.S. markets also posted strong gains. “It’s a rather benign day,” said Craig Fehr, investment strategist at Edward Jones.
Mar 29, 2023 1:44 PM
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Fight against toxic mining runoff from Canada persists, say U.S. Indigenous leaders
WASHINGTON — U.S. Indigenous leaders from the Pacific Northwest say they won't give up trying to convince Canada's federal government to agree to a bilateral investigation of toxic mining runoff from the B.C. Interior. Representatives from several U.
Mar 29, 2023 1:17 PM
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GOP lawmakers accuse Fed of being lax before bank failure
WASHINGTON (AP) — Republican lawmakers accused top bank regulators Wednesday of dawdling as Silicon Valley Bank hurtled toward the second-largest bank failure in U.S. history and questioned whether tougher regulations would have made a difference.
Mar 29, 2023 1:07 PM
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Businesses praise credit card fee relief but consumers savings not guaranteed
Small business owners are praising a measure in the federal budget to lower credit card interchange fees, but some industry representatives argued the move will do little to save costs for consumers.
Mar 29, 2023 12:59 PM
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Frustration, anticipation mark industry response to budget's flight delay fixes
MONTREAL — The federal government has air travel on its radar after laying out plans in its budget to speed up airport security screening and reduce flight delays, but industry and advocates remain skeptical.
Mar 29, 2023 12:54 PM
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Mortgage moves 'good news' for borrowers, but budget lacks housing support: experts
TORONTO — Real estate observers say a new mortgage code of conduct promised in the federal budget will be handy for Canadians facing financial difficulties, but they still feel the economic plan was lacking needed housing affordability measures.
Mar 29, 2023 12:39 PM
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Budget measures unlikely enough to spur major carbon capture investments: Experts
CALGARY — A question mark continues to hang over the future of carbon capture and storage projects in Canada, in spite of a pledge in Tuesday's federal budget to deliver more investment certainty for major emissions-reducing projects.
Mar 29, 2023 11:50 AM
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Bank of Canada watching for potential spillovers from global banking stresses
MONTREAL — A senior Bank of Canada official says the central bank is keeping a close eye on the stresses to the global banking system ahead of its next interest rate decision and monetary policy report in April.
Mar 29, 2023 10:58 AM
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UBS brings back Ermotti as CEO with Credit Suisse deal ahead
GENEVA (AP) — UBS said Wednesday that it's bringing back former CEO Sergio Ermotti to lead the Swiss bank as it executes a government-orchestrated plan to take over struggling rival Credit Suisse .
Mar 29, 2023 10:18 AM
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