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S&P/TSX composite up in late-morning trading, U.S. stocks also rise
TORONTO - Strength in the technology sector helped Canada’s main stock index edge higher in late-morning trading, while U.S. stock…
Canadian National Railway reports $1.14B Q3 profit, up from $1.09B a year ago
MONTREAL - Canadian National Railway Co. reported a third-quarter profit of $1.14 billion, up from $1.09 billion a year ago,…
Imperial Oil reports $539M Q3 profit as Kearl sees record production
CALGARY - Imperial Oil Ltd. reported its third-quarter profit fell compared with a year ago even as its Kearl oilsands…
Canada’s economy shrank 0.3% in August, weak growth expected in Q3: StatCan
OTTAWA - Real gross domestic product declined 0.3 per cent in August and early signs suggest the economy barely managed…
Cenovus Energy reports $1.29B Q3 profit, up from $820M a year ago
CALGARY - Cenovus Energy Inc. reported a third-quarter profit $1.29 billion, up from $820 million a year ago, as it…
Magna International reports US$305M Q3 profit, sales up from year ago
TORONTO - Magna International Inc. reported US$305 million in net income attributable to the company, down from US$484 million in…
Ford government receives iPro scandal audit — but won't make the findings public yet
The Ontario government has received the results of an audit into how Ontario’s real estate regulator handled the iPro scandal — but…
Bank of Canada lowers key interest rate but signals cuts may be done
OTTAWA - The Bank of Canada is signalling it might be done cutting interest rates in the short term but…
Bank of Canada lowers key interest rate to 2.25%, signals no further cuts being considered for now
In its second-last rate announcement of the year, the Bank of Canada decided on Wednesday to give more support to…