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TSX gains more than 100 points, U.S. stock markets rise to new records

TSX gains more than 100 points, U.S. stock markets rise to new records

TORONTO — Canada's main stock index gained more than 100 points Thursday, boosted by gains in energy stocks, while U.S. markets also rose. The gains south of the border closed out February with more all-time highs for U.S.
Stock market today: S&P 500 and Nasdaq climb to record highs, led by more gains in tech companies

Stock market today: S&P 500 and Nasdaq climb to record highs, led by more gains in tech companies

NEW YORK (AP) — Wall Street closed out its fourth winning month in a row with more record highs. The S&P 500 rose 0.5% Thursday, beating the all-time high it set last week. The Nasdaq composite climbed 0.9%, besting its record set in 2021.
CIBC, TD cap round of earnings that largely beat subdued expectations

CIBC, TD cap round of earnings that largely beat subdued expectations

TORONTO — CIBC and TD Bank wrapped a round of quarterly bank results Thursday that, like the Canadian economy itself, largely beat what were fairly low expectations.
Lion Electric lays off 100 more workers after $100 million earnings loss

Lion Electric lays off 100 more workers after $100 million earnings loss

SAINT-JÉRÔME, Que. — The Lion Electric Co. says it is laying off 100 more employees or about seven per cent of its total workforce in a move to reduce costs.
WSP Global beats earnings expectations, forecasts more growth this year

WSP Global beats earnings expectations, forecasts more growth this year

MONTREAL — WSP Global beat earnings expectations last quarter, boosting profits by nearly nine per cent year-over-year and forecasting a similar jump in adjusted earnings for 2024. Organic growth at the engineering company drove $130.
Canadian Natural Resources hits record oil production amid rising U.S. demand

Canadian Natural Resources hits record oil production amid rising U.S. demand

Canadian Natural Resources Ltd. drew on its abundant reserves to set a slew of production records last quarter, boosting its bottom line by 72 per cent. The country's largest oil and gas producer by market capitalization churned out 1.
Tribunal wraps first 'junk fee' case over online fees for Cineplex movie tickets

Tribunal wraps first 'junk fee' case over online fees for Cineplex movie tickets

OTTAWA — The Competition Tribunal heard a second day of arguments Thursday in a case that could decide whether Cineplex can keep charging customers an extra fee for buying movie tickets online.
Income tax indexing highlights Nova Scotia budget as inflation complaints rise

Income tax indexing highlights Nova Scotia budget as inflation complaints rise

HALIFAX — Nova Scotia has tabled a $16.5-billion budget that indexes provincial income tax rates to inflation — a move the government said Thursday will provide relief from the province's rising cost of living.
MPs summon CEOs of Rogers, Bell and Telus to appear at committee about phone prices

MPs summon CEOs of Rogers, Bell and Telus to appear at committee about phone prices

MPs have voted unanimously to summon the chief executives of Canada's three largest telecommunications companies to testify at a federal committee as it studies the accessibility and affordability of wireless and broadband services.
Canada averts recession with meagre growth in Q4, consumers and businesses pinched

Canada averts recession with meagre growth in Q4, consumers and businesses pinched

OTTAWA — The Canadian economy continues to beat recession fears, posting modest growth in the fourth quarter even as high interest rates weighed on consumers and businesses.
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