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National Business
Intact Financial earnings rise to $673 million in first quarter
TORONTO — Intact Financial Corp. says it earned $673 million in the first quarter, up from $377 million a year earlier. The Toronto-based company says earnings per share were $3.68, up from $2.06 per share during the same quarter last year.
May 7, 2024 5:29 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (22,290.62, up 31.15 points): Enbridge Inc. (TSX:ENB). Energy. Up 44 cents, or 0.88 per cent, to $50.58 on 18.8 million shares.
May 7, 2024 4:45 PM
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S&P/TSX composite posts small gain Tuesday, U.S. stock markets flat
TORONTO — Strength in energy and base metals helped Canada's main stock index post a small gain, while U.S. markets were mixed but relatively flat. The S&P/TSX composite index closed up 31.15 points at 22,290.62.
May 7, 2024 4:32 PM
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Apple's biggest announcements from its iPad event: brighter screen, faster chips and the Pencil Pro
CUPERTINO, Calif.
May 7, 2024 4:00 PM
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MEG Energy says Trans Mountain expansion will boost Canadian oil prices 'for years'
CALGARY — The recently completed Trans Mountain pipeline expansion will boost Canadian oil prices for "years" to come, an executive with oilsands producer MEG Energy Corp. said Tuesday.
May 7, 2024 2:33 PM
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No evidence Big Three acting as fibre wholesalers would hurt smaller providers: CRTC
The CRTC has denied a request by Bell Canada and some independent internet providers for an expedited decision that would prevent large carriers from using rivals' fibre networks to offer their services to customers.
May 7, 2024 1:54 PM
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TikTok sues US to block law that could ban the social media platform
TikTok and its Chinese parent company ByteDance are suing the U.S. federal government over a law that would ban the popular video-sharing app unless it’s sold to another company.
May 7, 2024 12:40 PM
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Alta. oil and gas company fined for violating methane rules
CALGARY — The Alberta Energy Regulator has fined a Calgary-based junior oil and gas producer for failing to meet its fugitive emission and methane reporting requirements. The regulator says it began investigating Tallahassee Exploration Inc.
May 7, 2024 12:09 PM
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Intact launches wildfire damage protection pilot ahead of elevated-risk season
TORONTO — Intact Financial Corp. says it has launched a pilot program to reduce wildfire damage to customers' homes in Western Canada as another season of elevated fire risk approaches.
May 7, 2024 11:36 AM
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Disney's streaming business turns a profit in first financial report since challenge to Iger
The Walt Disney Co. swung to a loss in its second quarter because of restructuring and impairment charges, but its adjusted profit topped expectations and its streaming business turned a profit.
May 7, 2024 11:19 AM
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