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QuickQuotes: Reaction to the Bank of Canada's latest rate hike
OTTAWA — The Bank of Canada raised its key interest rate by a quarter of a percentage point to 4.5 per cent on Wednesday and says it expects to keep rates on hold for now as it assesses the economic data.
Jan 25, 2023 11:03 AM
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The Bank of Canada interest rate hit 4.5%. Here's a timeline of how we got here
OTTAWA — The Bank of Canada hiked its key interest rate by a quarter of a percentage point on Wednesday, bringing it to 4.5 per centand signalling it plans to hold there for now.
Jan 25, 2023 9:38 AM
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Cannabis company The Green Organic Dutchman Holdings changing name to BZAM
TORONTO — The Green Organic Dutchman Holdings Ltd. is changing its name to BZAM Ltd. The cannabis company says it will also change its ticker symbol on the Canadian Securities Exchange to BZAM.
Jan 25, 2023 8:19 AM
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Luxor Capital still opposed to Ritchie Bros. deal to buy IAA despite changes
VANCOUVER — Investment firm Luxor Capital Group LP remains opposed to Ritchie Bros. Auctioneers Inc.'s deal to buy IAA Inc. despite changes to the agreement. Luxor, which holds a 3.
Jan 25, 2023 7:43 AM
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Oilsands execs say they can't invest in decarbonization any faster, despite profits
OTTAWA — Oilsands executives insist they are all in on cutting emissions and will make big investments in green technology, but they maintain there isn't a place to invest that money yet.
Jan 25, 2023 7:24 AM
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Shaw, Rogers, Quebecor say they welcome Federal Court of Appeal ruling
OTTAWA — The Federal Court of Appeal has dismissed the Competition Bureau's effort to overturn a key approval of Rogers Communications Inc.'s takeover of Shaw Communications Inc.
Jan 24, 2023 7:09 PM
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CN Rail earns $1.4B in Q4, but warns of rockier times ahead in 2023
Canadian National Railway Co. warned Tuesday of rockier times ahead in 2023, even as it celebrated double-digit earnings gains for the fourth quarter of 2022.
Jan 24, 2023 5:44 PM
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'Disappointing' that U.S. pressing ahead with duties on Canadian softwood lumber: Ng
WASHINGTON — Canada's international trade minister says the United States appears to be pressing ahead with what she calls "unjustified" duties on softwood lumber imports. Mary Ng says the anti-dumping and countervailing duties the U.S.
Jan 24, 2023 4:54 PM
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Fiscal room tightening as economy teeters, associate finance minister says
HAMILTON — Canada's economy is facing a "turbulent" year, but the federal government still has some spending room for big priorities including a new health-care deal with the provinces, Associate Finance Minister Randy Boissonnault said Tuesday.
Jan 24, 2023 4:41 PM
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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 (20,629.55, down 2.03): Enbridge Inc. (TSX:ENB). Energy. Down 46 cents, or 0.82 per cent, to $55.55 on 12.7 million shares.
Jan 24, 2023 4:07 PM
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