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North American stock markets lose ground as investors take profits from recent highs
TORONTO — North American stock markets slumped from recent highs as investors pocketed some profits in stronger sectors. The S&P/TSX composite index closed down for a second straight day, losing 100.71 points to 18,274.07.
Feb 18, 2021 3:02 PM
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First Bitcoin ETF in North America debuts on TSX as cryptocurrency prices surge
TORONTO — North America's first Bitcoin exchange-traded fund began trading on the Toronto Stock Exchange today.
Feb 18, 2021 2:21 PM
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Ontario loses 355,000 jobs in 2020, single largest decline on record: FAO
TORONTO — Ontario lost more than 355,000 jobs last year - the single largest annual decline on record - due to the COVID-19 pandemic, the province's fiscal watchdog said Thursday.
Feb 18, 2021 1:51 PM
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Barrick Gold proposes US$750 million one-time return of capital to shareholders
CALGARY — Buoyed by stronger gold and copper prices and flush with cash after realizing $1.5 billion in proceeds from the sale of non-core assets since 2019, Barrick Gold Corp.
Feb 18, 2021 1:32 PM
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Teck Resources takes Fort Hills charge, cites higher pandemic costs for Chile project
VANCOUVER — Teck Resources Ltd. is again writing down part of its stake in the Fort Hills oilsands mine in northeastern Alberta operated by partner Suncor Energy Inc.
Feb 18, 2021 11:53 AM
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Fertilizer company Nutrien hikes dividend, plans share buybacks
CALGARY — The CEO of Nutrien Ltd. says the fertilizer company will continue to grow organically as well as through acquisitions as it increases its dividend and launches a new share buyback program.
Feb 18, 2021 11:00 AM
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WestJet to suspend flights to four Canadian cities until June amid low travel demand
WestJet said Thursday that it will suspend service to four Canadian cities amid slumping demand due to COVID-19 restrictions. Starting March 19, the airline plans to suspend all flights to St. John's, London, Ont., Lloydminster, Alta.
Feb 18, 2021 10:47 AM
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Supreme Court turns down request by Canada Revenue Agency to hear Cameco tax case
OTTAWA — The Supreme Court of Canada has turned down a request by the Canada Revenue Agency which sought to have the top court hear an appeal regarding Cameco Corp. and its use of a subsidiary in Switzerland to sell and trade its uranium.
Feb 18, 2021 10:07 AM
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Cost controls, luxury sales help Daimler weather pandemic
FRANKFURT — Car and truck maker Daimler increased its profits by 48% to 4.0 billion euros ($4.
Feb 18, 2021 10:00 AM
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Airbus lost $1.3 billion amid pandemic; expects better 2021
PARIS — European plane maker Airbus lost 1.1 billion euros ($1.
Feb 18, 2021 10:00 AM
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