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Sun Life Financial beats expectations as Q4 profits climbs 3.5% to $744 million

Sun Life Financial beats expectations as Q4 profits climbs 3.5% to $744 million

TORONTO — Sun Life Financial Inc. beat expectations as it reported that fourth-quarter profits grew 3.5 per cent to $744 million, up from $719 million in the same quarter a year earlier.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (18,457.78, up 49.16 points.) The Supreme Cannabis Co. Inc. (TSX:FIRE). Health care. Up seven cents, or 16.
New Brunswick Premier Blaine Higgs uses annual speech to highlight economic growth

New Brunswick Premier Blaine Higgs uses annual speech to highlight economic growth

FREDERICTON — The premier of New Brunswick says more than $200 million in new, private investment projects are an indicator of growth in the province over the past year despite the COVID-19 pandemic.
S&P/TSX climbs for an eighth-straight day as interest in cannabis stocks grow

S&P/TSX climbs for an eighth-straight day as interest in cannabis stocks grow

TORONTO — Canada's main stock index continued its record-setting run for an eighth day on a rising energy sector and cannabis stocks reportedly surging from interest by retail investors. The S&P/TSX composite index closed up 49.
Flair announces plans to add eight domestic routes as other airlines cut service

Flair announces plans to add eight domestic routes as other airlines cut service

Low-cost carrier Flair Airlines says it is expanding service to eight cities in Canada, bringing its number of domestic destinations to 18 by the summer.
Health units with low virus transmission urge caution as Ontario gradually reopens

Health units with low virus transmission urge caution as Ontario gradually reopens

TORONTO — Public health restrictions loosened in three Ontario regions with low rates of COVID-19 on Wednesday, with local officials warning that visitors from other areas weren't welcome at reopened businesses.
Powell stresses commitment to full employment and low rates

Powell stresses commitment to full employment and low rates

WASHINGTON — Federal Reserve Chair Jerome Powell on Wednesday underscored the Fed's commitment to reducing unemployment to multi-decade lows, where it stood before the pandemic, while signalling little concern about the risk of potentially high infla
Keyera shares fall after it reports 23% rise in delayed pipeline cost to $1.6 billion

Keyera shares fall after it reports 23% rise in delayed pipeline cost to $1.6 billion

CALGARY — Estimated costs for a proposed Alberta natural gas liquids pipeline put on hold last year amid the COVID-19 pandemic and commodity price uncertainty have jumped by $300 million to $1.6 billion, Keyera Corp. reported Wednesday.
Ontario using billions in pandemic funding by March, deficit still record high

Ontario using billions in pandemic funding by March, deficit still record high

TORONTO — Ontario will spend all of the $13.3 billion in pandemic funding it received from the federal government by the end of March, although that won't change the record deficit it expects to rack up this year.
Audit raises concerns about wildfire risks at US nuclear lab

Audit raises concerns about wildfire risks at US nuclear lab

ALBUQUERQUE, N.M. — One of the nation’s premier nuclear laboratories isn’t taking the necessary precautions to guard against wildfires, according to an audit by the U.S. Energy Department’s inspector general.