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Energy stocks help S&P/TSX composite rise almost 100 points, U.S. markets move higher

Energy stocks help S&P/TSX composite rise almost 100 points, U.S. markets move higher

TORONTO — Strength in energy stocks helped Canada's main stock index gain almost 100 points Monday, while U.S. markets were also higher. The market boost from what was perceived as a pivot by the U.S.
Stock market today: Wall Street closes mixed after 7 straight weeks of gains

Stock market today: Wall Street closes mixed after 7 straight weeks of gains

NEW YORK — Stocks ended mixed on Monday as Wall Street's seven-week winning streak cooled off. The S&P 500 rose 0.5% and the Nasdaq composite picked up 0.6%, while the Dow Jones Industrial Average finished essentially flat after most of a 0.
TD racial equity audit finds bank has taken significant steps, more work to be done

TD racial equity audit finds bank has taken significant steps, more work to be done

TORONTO — TD has taken significant steps toward promoting diversity and inclusion, it says in the bank's first racial equity audit, but could do more on aspects like consistency and measurement.
Oxford Properties sells stake in two Greater Toronto industrial parks for $1B

Oxford Properties sells stake in two Greater Toronto industrial parks for $1B

TORONTO — Alternative asset management firm TPG has acquired a 75 per cent stake in two Greater Toronto Area industrial business parks from developer Oxford Properties Group for $1 billion.
Love it or hate it, self-checkout is here to stay. But it's going through a reckoning

Love it or hate it, self-checkout is here to stay. But it's going through a reckoning

NEW YORK (AP) — The promise of self-checkout was alluring: Customers could avoid long lines by scanning and bagging their own items, workers could be freed of doing those monotonous tasks themselves and retailers could save on labor costs.
Trans Mountain project costs 'reasonably and justifiably incurred:' company says

Trans Mountain project costs 'reasonably and justifiably incurred:' company says

CALGARY — The company building the Trans Mountain pipeline expansion has submitted evidence to support its claim that oil companies must pay more in tolls in light of the pipeline project's mounting costs.
Houthi attacks on commercial ships have upended global trade in vital Red Sea corridor

Houthi attacks on commercial ships have upended global trade in vital Red Sea corridor

LONDON (AP) — The attacks on commercial vessels in the Red Sea by Yemen's Houthi rebels have scared off some of the world's top shipping companies and oil giants, effectively rerouting global trade away from a crucial artery for consumer goods and en
Gildan chair Donald Berg says CEO change a careful and deliberate process

Gildan chair Donald Berg says CEO change a careful and deliberate process

MONTREAL — Gildan Activewear Inc. says its plan to replace co-founder Glenn Chamandy as chief executive was a multi-year, careful and deliberate process that included him when it was appropriate to do so.
Annual rent increases slowing as average asking price reaches $2,174 in November

Annual rent increases slowing as average asking price reaches $2,174 in November

A report says the average asking price for a rental unit in Canada was $2,174 in November, relatively flat from the previous month but an 8.4 per cent increase year-over-year. The data released Friday by Rentals.
Canopy Growth sells This Works skin care brand to U.K. investment firm

Canopy Growth sells This Works skin care brand to U.K. investment firm

SMITHS FALLS, Ont. — Canopy Growth Corp. says it has sold its This Works skin care and wellness brand to a U.K. investment firm. The Smiths Falls, Ont.-based cannabis company says the deal with Inspirit Capital is valued at up to $15.9 million.
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