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Federal finance minister approves Equitable Bank deal to buy Concentra

Federal finance minister approves Equitable Bank deal to buy Concentra

TORONTO — Equitable Bank says the federal finance minister has approved the company's deal to buy digital rival Concentra Bank. The Toronto-based bank says no further regulatory or shareholder approvals are required in the acquisition.
Senior bureaucrats probed cryptocurrencies after Poilievre campaign comments

Senior bureaucrats probed cryptocurrencies after Poilievre campaign comments

OTTAWA — Senior federal bureaucrats examined whether cryptocurrencies protect against inflation not long after Opposition Leader Pierre Poilievre made the claim as a candidate in the Conservative leadership race, according to an internal government d
UK's Truss defends economic plan that sent pound tumbling

UK's Truss defends economic plan that sent pound tumbling

LONDON (AP) — British Prime Minister Liz Truss on Thursday defended her economic plan and shrugged off the negative reaction from financial markets, saying she’s willing to make “difficult decisions” to get the economy growing.
Asian stocks follow Wall St higher after UK calms markets

Asian stocks follow Wall St higher after UK calms markets

BEIJING (AP) — Asian stock markets followed Wall Street higher Thursday after Britain's central bank moved forcefully to stop a budding financial crisis. Market benchmarks in Hong Kong, Seoul and Sydney added more than 1%.
Canada's lack of Indo-Pacific strategy leaves business in the dark: book

Canada's lack of Indo-Pacific strategy leaves business in the dark: book

OTTAWA — Business leaders and former diplomats are pushing the Trudeau government to finally release its long-awaited strategy for the Indo-Pacific region.

California governor approves farmworker unionization law

SACRAMENTO, Calif. (AP) — A broadly smiling California Gov.

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 (18,648.92, up 341.01 points) Power Corp of Canada (TSX:POW). Financials. Down 52 cents, or 1.63 per cent, to $31.48 on 8.
U.S. court ruling in Cineworld bankruptcy proceedings halts Cineplex case in Ontario

U.S. court ruling in Cineworld bankruptcy proceedings halts Cineplex case in Ontario

TORONTO — Cineplex Inc. says a U.S. court ruling will mean the Ontario Court of Appeal won't hear a case between the Toronto theatre giant and its once-suitor Cineworld Group PLC as scheduled. Cineplex says the U.S. court, where U.K.
S&P/TSX composite jumps along with U.S. markets as U.S. Treasury yields retreat

S&P/TSX composite jumps along with U.S. markets as U.S. Treasury yields retreat

TORONTO — The S&P/TSX composite index snapped a six-day losing streak Wednesday as it made substantial gains along with U.S. markets after U.S.
Canada's low-cost airlines expand services, announces Flair and Lynx

Canada's low-cost airlines expand services, announces Flair and Lynx

Announcements from two of Canada's largest low-cost carriers propose expansion in the budget leisure market.