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Quebec tables budget with $11-billion deficit, no precise timeline to balance books

Quebec tables budget with $11-billion deficit, no precise timeline to balance books

QUEBEC — A stagnant economy, a historic forest fire season and billions of dollars in public sector wage increases are what Quebec’s finance minister says have led to one of the biggest budget deficits in the province’s history.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,831.02, up 61.80 points): Canadian Natural Resources Inc. (TSX:CNQ). Energy. Down one cent, or 0.01 per cent, to $97.25 on 18.
S&P/TSX composite index posts gain Tuesday, U.S. markets rise after inflation report

S&P/TSX composite index posts gain Tuesday, U.S. markets rise after inflation report

TORONTO — Canada's main stock index posted a modest gain on Tuesday, while U.S. markets rose after the latest data on inflation. The Nasdaq notched a 1.
Dorel lays off workers as consumer spending slump weighs on earnings

Dorel lays off workers as consumer spending slump weighs on earnings

MONTREAL — Dorel Industries Inc. laid off workers last quarter amid ongoing losses fuelled by low demand for furniture, even as it reported its best financial results in two and a half years.
SaltWire's money woes a sign of bigger problems in the newspaper business: experts

SaltWire's money woes a sign of bigger problems in the newspaper business: experts

HALIFAX — The recent decision by SaltWire Network Inc.
Stock market today: Wall Street rallies to a record as Big Tech stocks renew their run

Stock market today: Wall Street rallies to a record as Big Tech stocks renew their run

NEW YORK (AP) — Stocks rallied to records after some influential Big Tech companies got back in their groove. The S&P 500 rose 1.1% Tuesday to top its all-time high set last week. The Dow Jones Industrial Average gained 0.
Lowering interest rate cap to 35% to cost jobs and GDP: Industry report

Lowering interest rate cap to 35% to cost jobs and GDP: Industry report

TORONTO — A report commissioned by the Canadian Lenders Association estimates that lowering the maximum interest rate could lead to the loss of tens of thousands of jobs and billions of dollars in GDP.
US inflation up again in February in latest sign that price pressures remain elevated

US inflation up again in February in latest sign that price pressures remain elevated

WASHINGTON (AP) — Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for President Joe Biden’s re-election campaign, both of which are counting on a steady easin
Value of Canadian farmland rises 11.5 per cent in 2023: report

Value of Canadian farmland rises 11.5 per cent in 2023: report

REGINA — The value of Canadian farmland rose 11.5 per cent in 2023, a new report by agriculture lending firm Farm Credit Canada has found. Chief economist J.P.
Browning West files lawsuit to ensure Gildan annual meeting happens 'without delay'

Browning West files lawsuit to ensure Gildan annual meeting happens 'without delay'

MONTREAL — A U.S. investor looking to replace a majority of the board of directors at Gildan Activewear Inc.