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S&P/TSX composite down more than 200 points, U.S. stock markets mixed
TORONTO — Canada's main stock index fell almost one per cent Monday, weighed down by losses in energy, technology and utilities, while U.S. markets were mixed. The S&P/TSX composite index closed down 231.41 points at 24,536.32.
Jan 13, 2025 1:45 PM
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Stock market today: Gains for oil producers and drops for Big Tech leave Wall Street mixed
NEW YORK (AP) — U.S. stock indexes were split on Monday as gains for oil-and-gas producers helped offset drops for Nvidia and other Big Tech companies. The S&P 500 rose 0.2% after erasing an earlier fall of 0.9%.
Jan 13, 2025 1:24 PM
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U.S. benefits from Canadian trade at least as much as Canada: report
While both sides would be hit by a similar amount of economic pain in a trade war, Canada would feel it much more because its overall economy is much smaller, creating what one economist called an "existential threat."
Jan 13, 2025 12:53 PM
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Severe weather did record damage in 2024 with more than $8B in insured losses
TORONTO — A new report says the cost of insured damage caused by severe weather last year hit a record high as it totalled more than $8 billion.
Jan 13, 2025 12:36 PM
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Supreme Court declines to hear from oil and gas companies trying to block climate change lawsuits
WASHINGTON (AP) — The Supreme Court said Monday it won’t hear an appeal from oil and gas companies trying to block lawsuits seeking to hold the industry liable for billions of dollars in damage linked to climate change .
Jan 13, 2025 10:14 AM
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Toronto's proposed 2025 budget includes 6.9 per cent property tax increase
The City of Toronto is proposing to increase property taxes by 6.9 per cent this year to help fund its $18.8 billion operating budget for 2025. The proposed hike includes a tax increase of 5.
Jan 13, 2025 10:00 AM
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Mali seizes 3 tons of gold from Canadian company Barrick amid dispute over share of revenue
DAKAR, Senegal (AP) — Mali's military government has started seizing gold stocks of the Canadian mining company Barrick as part of a legal battle over the share of revenue owed to the West African state, according to an internal Barrick letter seen b
Jan 13, 2025 9:39 AM
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BMO agrees to pay US$40 million to settle SEC charges on supervision failure
TORONTO — The U.S. Securities and Exchange Commission says BMO has agreed to pay more than US$40 million to settle charges related to the bank's alleged supervision failure in bond selling.
Jan 13, 2025 9:23 AM
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Canada Post says 25% stamp price increase takes effect today
OTTAWA — The cost to send a letter in Canada is increasing by about 25 per cent, effective today. Canada Post says the cost of stamps for domestic mail bought in a booklet, coil or pane has increased by 25 cents to $1.24 per stamp.
Jan 13, 2025 8:03 AM
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Lululemon raises fourth-quarter revenue and earnings per share forecast
VANCOUVER — Lululemon Athletica Inc. has raised its forecast for revenue and earnings per share for its fourth quarter following a strong holiday season.
Jan 13, 2025 6:43 AM
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