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Alberta auditor flags $1.6B in government accounting blunders, oversight problems

Alberta auditor flags $1.6B in government accounting blunders, oversight problems

EDMONTON — Alberta’s auditor general has flagged $1.6 billion worth of accounting blunders along with other oversight problems by Premier Jason Kenney’s government.
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Highlights from the Ontario budget unveiled Thursday

Highlights from the Ontario budget unveiled Thursday

Ontario's Progressive Conservative government presented their first pandemic-era budget Thursday.
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Quebecor open to bundling its Fizz wireless with a partner company's land network

Quebecor open to bundling its Fizz wireless with a partner company's land network

MONTREAL — Quebecor Inc.
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Software company OpenText sees $103.4M spike in net income in Q1

Software company OpenText sees $103.4M spike in net income in Q1

WATERLOO, Ont. — OpenText Corp. saw a nearly 40 per cent spike in net income in its most recent quarter, as investors continued to rally behind North American tech companies in the wake of COVID-19. The Waterloo, Ont.
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Acquisitions, digital offerings help SunLife Q3 profit hit $750M amid pandemic

Acquisitions, digital offerings help SunLife Q3 profit hit $750M amid pandemic

TORONTO — Lower acquisition costs and digital offerings helped Sun Life Financial Inc. deliver a 10 per cent increase to its third-quarter net profit.
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S&P/TSX composite joins U.S. markets rallying while loonie marches higher

S&P/TSX composite joins U.S. markets rallying while loonie marches higher

TORONTO — Canada's main stock index had its best performance in five months Thursday as it joined U.S. investors who continue to bask in the glow of expected post-election gridlock.
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Great-West Lifeco Q3 profit up 13 per cent from last year to $826M

Great-West Lifeco Q3 profit up 13 per cent from last year to $826M

Great-West Lifeco Inc. managed to notch a 13 per cent increase in net earnings during its third quarter, even as it went on a multi-billion-dollar spending spree.
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Fed signals readiness to do more for economy as virus rages

Fed signals readiness to do more for economy as virus rages

WASHINGTON — The Federal Reserve kept its benchmark interest rate at a record low near zero Thursday and signalled its readiness to do more if needed to support an economy under threat from a worsening coronavirus pandemic.
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Saputo Q2 profit slips to $170.8M amid lagging restaurant, food service sales

Saputo Q2 profit slips to $170.8M amid lagging restaurant, food service sales

MONTREAL — Saputo Inc.'s net profit slipped 2.
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Tim McKay says conditions right for consolidation as Canadian Natural reports profit

Tim McKay says conditions right for consolidation as Canadian Natural reports profit

CALGARY — Conditions are right for more merger and acquisition activity in the Canadian oil and gas sector, says the president of Canadian Natural Resources Ltd.
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