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National Business
Atlantic newspaper owner SaltWire faces insolvency after lender files claim
HALIFAX — A private equity fund is initiating insolvency proceedings against Atlantic newspaper owner SaltWire Network Inc., claiming it owes tens of millions of dollars after several years of mismanagement.
Mar 11, 2024 7:50 PM
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Airbnb is banning the use of indoor security cameras in the platform's listings worldwide
NEW YORK (AP) — Airbnb said Monday that it's banning the use of indoor security cameras in listings on its site around the world by the end of next month.
Mar 11, 2024 6:08 PM
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Alta. government announces new rules for electricity generators
Alberta's government is updating its electricity market rules with new temporary measures it says will help lower consumers' utility bills.
Mar 11, 2024 5:08 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (21,769.22, up 31.69 points): Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up 54 cents, or 0.56 per cent, to $97.26 on 11.
Mar 11, 2024 4:54 PM
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S&P/TSX composite index posts small gain Monday, U.S. markets mixed
TORONTO — Canada's main stock index posted a small gain Monday after starting the day lower, while U.S. markets were mixed.
Mar 11, 2024 4:40 PM
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Stock market today: Wall Street freezes in place ahead of inflation report
NEW YORK (AP) — Stock indexes drifted to a mixed close as Wall Street prepared for a report on inflation that could show how realistic its hopes for easier interest rates are. The S&P 500 slipped 0.
Mar 11, 2024 4:05 PM
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Average asking rent prices reach $2,193 in February, up 10.5% from 2023
A new report says the average asking price for a rental unit in Canada was $2,193 per month in February, marking a 10.5 per cent jump year-over-year and the fastest annual growth since September 2023. The data released Monday by Rentals.
Mar 11, 2024 1:34 PM
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Pipeline shortages to return sooner rather than later as oil production booms
CALGARY — After being hamstrung for years by a lack of export capacity, Canada's oil industry will have reason to celebrate when the much-anticipated Trans Mountain pipeline expansion comes online, expected to be sometime this spring.
Mar 11, 2024 11:52 AM
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Cogeco names Frédéric Perron its new president and CEO; Philippe Jetté to retire
MONTREAL — Cogeco Inc. has named Frédéric Perron its new president and CEO, succeeding Philippe Jetté, who is retiring. Perron is taking the helm of the Montreal-based company and its Cogeco Communications Inc.
Mar 11, 2024 8:14 AM
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Insolvencies to stay higher in 2024 as economy normalizes from pandemic lows: experts
Business insolvencies will likely remain elevated throughout 2024, experts said, as the economy plays catch-up after historically low levels during the pandemic. “We did have ... so many years of artificially low filings.
Mar 11, 2024 4:05 AM
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