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National Business
George Weston reports Q1 profit down on Choice REIT charges, raises dividend
TORONTO — George Weston Ltd. raised its quarterly dividend as it reported its first-quarter profit fell compared with year ago as it was hit by one-time charges related to its large stake in Choice Properties Real Estate Investment Trust.
May 7, 2024 8:57 AM
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Pet Valu reports $17.5M Q1 profit, revenue up four per cent from year earlier
MARKHAM, Ont. — Pet Valu Holdings Ltd. reported a first-quarter profit of $17.5 million, down from $18.7 million a year earlier, as its revenue rose four per cent.
May 7, 2024 8:11 AM
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Hudson's Bay to close only store in Saskatchewan's capital in April 2025
REGINA — Hudson's Bay Company is pulling out of Regina, announcing it will close its only department store in Saskatchewan's capital city next year.
May 6, 2024 10:04 PM
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Competition Bureau launches inquiry into Lululemon over 'greenwashing' allegations
GATINEAU, Que. — Canada's Competition Bureau has launched an inquiry into Vancouver-based Lululemon following a complaint from members of an environmental group. Stand.
May 6, 2024 6:53 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Mondayon the Toronto Stock Exchange: Toronto Stock Exchange (22,259.47, up 312.06 points): Toronto-Dominion Bank. (TSX:TD). Finance. Up 33 cents, or 0.44 per cent, to $75.13 on 15.5 million shares.
May 6, 2024 5:36 PM
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Google suing CRTC to have YouTube video ad revenue exempted from regulatory fees
TORONTO — Google is taking Canada's broadcasting regulator to court, arguing "significant" revenue it earns from advertisements on YouTube videos shouldn't be considered when it comes to the regulatory fees it owes the CRTC.
May 6, 2024 5:28 PM
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Meg Energy sees earnings rise in first quarter to $98 million
CALGARY — Meg Energy Corp. says it earned $98 million in its first quarter, up from $81 million during the same quarter last year.
May 6, 2024 5:23 PM
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S&P/TSX composite up more than 300 points in broad-based rally, U.S. stocks also rise
TORONTO — Canada's main stock index gained more than 300 points Monday in a broad-based rally, while U.S. markets also rose. This week is set to be much quieter than last week, which included the U.S.
May 6, 2024 4:38 PM
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Stock market today: Wall Street rises to add to last week’s gains
NEW YORK (AP) — U.S. stocks closed higher on Wall Street, adding to last week’s gains. The S&P 500 climbed 1% Monday. The Dow Jones Industrial Average rose 0.5%, and the Nasdaq composite added 1.2%.
May 6, 2024 4:10 PM
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Fishing boat sinks at U.S. border near Victoria, hundreds of litres of diesel aboard
HENRY ISLAND, WASH. — The United States Coast Guard says it's working to mitigate a pollution threat after a fishing boat sank just over the Canada-U. S. border not far from Victoria.
May 6, 2024 4:06 PM
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