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Volkswagen searching in Canada for first North American battery factory site

Volkswagen searching in Canada for first North American battery factory site

OTTAWA — Volkswagen AG has started searching in Canada for the site of its first battery factory in North America.
Amazon CEO says company won't take down antisemitic film

Amazon CEO says company won't take down antisemitic film

NEW YORK (AP) — Amazon CEO Andy Jassy said Wednesday the company does not have plans to stop selling the antisemitic film that gained notoriety recently after Brooklyn Nets guard Kyrie Irving tweeted out an Amazon link to it.
S&P/TSX composite up 70 points, U.S. markets mixed but keep Wednesday gains

S&P/TSX composite up 70 points, U.S. markets mixed but keep Wednesday gains

TORONTO — Canada's main stock index closed up around 70 points Thursday, with mixed results across sectors, while U.S. markets largely held on to the outsized gains they made the day before.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,525.45, up 72.19): Suncor Energy Inc. (TSX:SU). Energy. Down $1.06, or 2.40 per cent, to $43.17 on 11.9 million shares.
Senate moves to avert rail strike amid dire warnings

Senate moves to avert rail strike amid dire warnings

WASHINGTON (AP) — The Senate moved quickly Thursday to avert a rail strike that the Biden administration and business leaders warned would have had devastating consequences for the nation's economy.

Some Tums peppermint tablets recalled due to fibreglass, paper, foil fragments

OTTAWA — Health Canada has announced a recall of certain Tums antacid tablets due to possible contamination with fragments of fibreglass, paper, aluminum foil and other materials.
November home sales down 20%, year-to-date sales on track for record: Calgary board

November home sales down 20%, year-to-date sales on track for record: Calgary board

CALGARY — The Calgary Real Estate Board says the city's November home sales dipped by more than 20 per cent since the same time last year, but 2022 is still on track to set a record.
Cdn. tech sector participation and pay gaps persist and in some cases, worsen: report

Cdn. tech sector participation and pay gaps persist and in some cases, worsen: report

TORONTO — A new report shows women, people of colour and immigrants in Canada's tech sector saw employment and pay inequities persist — and in some cases, worsen — between 2001 and 2016.
Banks outline downturn prep in latest earnings results while still talking growth

Banks outline downturn prep in latest earnings results while still talking growth

TORONTO — From boosting cash on hand to cutting staff, Canadian banks are taking a variety of strategies to prepare for a widely expected economic slowdown in the year ahead.
CIBC reports Q4 profit down from year ago as expenses, provisions and margins weigh

CIBC reports Q4 profit down from year ago as expenses, provisions and margins weigh

TORONTO — Higher expenses, lower interest margins and more money set aside for potentially bad loans all weighed on CIBC's earnings which declined in the fourth quarter from a year ago.