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Canada headed towards 'moderate' recession in 2023: RBC economists
TORONTO — Canada is headed towards a recession in 2023, but it will be short-lived and not as severe as prior downturns, according to a new report from RBC.
Jul 7, 2022 11:44 AM
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Crescent Point Energy raising quarterly dividend again
CALGARY — Crescent Point Energy Corp. is raising its quarterly dividend after announcing it has sold off some of its non-core assets and reached its net debt target ahead of schedule.
Jul 7, 2022 10:50 AM
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Statistics Canada reports $5.3B trade surplus for May, largest since August 2008
OTTAWA — Canada's merchandise trade surplus grew to $5.3 billion in May, the largest trade surplus since August 2008, helped by higher energy prices and a dip in imports.
Jul 7, 2022 10:25 AM
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Dye & Durham revises takeover offer for Link Administration again
TORONTO — Dye & Durham Ltd. has revised its offer for Australian company Link Administration Holdings Ltd. again. The company says it is now offering up to A$4.70 per share including A$4.
Jul 7, 2022 8:49 AM
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How to find cheaper flights this year as airfares soar
For those who remain undeterred by the daunting lines and flight delays at Canadian airports, questions remain about how to save money on air travel amid mounting fuel costs and inflation.
Jul 7, 2022 8:00 AM
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U.S. jobless claims rise to 235k, most in nearly six months
WASHINGTON (AP) — More Americans applied for unemployment benefits last week and while layoffs remain low, it was the fifth consecutive week that claims topped the 230,000 mark and the most in almost six months.
Jul 7, 2022 7:26 AM
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Cannabis retailer High Tide buying nine stores from Choom Holdings for $5.1M
CALGARY — Cannabis retailer High Tide Inc. has signed a deal to buy nine stores from Choom Holdings Inc. for $5.1 million in shares.
Jul 7, 2022 6:30 AM
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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 (18.729.66, down 104.50 points.) Barrick Gold Corp. (TSX:ABX). Materials. Down 24 cents, or 1.1 per cent, to $22.45 on 14.
Jul 6, 2022 3:21 PM
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Sunwing rejects union claim it bargained in bad faith by staying mum on WestJet deal
TORONTO — Sunwing Airlines Inc. is rejecting a claim by pilots that it bargained in bad faith by opting not to disclose a forthcoming acquisition by WestJet.
Jul 6, 2022 3:03 PM
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S&P/TSX composite bounces back but still falls on crude, metals weakness
TORONTO — Canada's main stock index bounced back near the end of day to avoid its weakest close in 15 months, but still ended down on commodity weakness with crude oil and metals sinking on recession fears.
Jul 6, 2022 3:02 PM
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