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John Bogle, founder of Vanguard, dies at 89

John Bogle, founder of Vanguard, dies at 89

VALLEY FORGE, Pa. — John C. Bogle, who simplified investing for the masses by launching the first index mutual fund and founded Vanguard Group, died Wednesday, the company said. He was 89.
Wait until Trans Mountain pipe built before buying in, Indigenous investors told

Wait until Trans Mountain pipe built before buying in, Indigenous investors told

CALGARY — Indigenous communities interested in taking an equity stake in the Trans Mountain pipeline should wait until after its controversial expansion is built to avoid risk, says Barrie Robb, a principal with Fivars Consulting Ltd. of Calgary.
Kinder Morgan Canada revenue for pared-back assets climb, distributes windfall

Kinder Morgan Canada revenue for pared-back assets climb, distributes windfall

CALGARY — Kinder Morgan Canada Ltd. says earnings from its significantly pared-back assets climbed 80 per cent in the fourth quarter compared with a year earlier.
$1.9B in insured damage in Canada last year, says industry association

$1.9B in insured damage in Canada last year, says industry association

OTTAWA — The Insurance Bureau of Canada says severe weather caused $1.9 billion in insured damage last year.
May wins no-confidence vote, but still is beset by Brexit

May wins no-confidence vote, but still is beset by Brexit

LONDON — British Prime Minister Theresa May survived a no-confidence vote in Parliament on Wednesday to remain in office — but saw more of her power ebb away as she battled to keep Brexit on track after lawmakers demolished her European Union divorce
Alberta crude oil curtailments remain unchanged despite price recovery

Alberta crude oil curtailments remain unchanged despite price recovery

CALGARY — Alberta Energy Minister Marg McCuaig-Boyd says the province is leaving its oil curtailment levels at 325,000 barrels per day for now despite discounts for western Canadian crude that have narrowed to three-and-a-half-year lows.
RBC cuts 5-year fixed mortgage rate, other banks expected to follow

RBC cuts 5-year fixed mortgage rate, other banks expected to follow

TORONTO — Royal Bank of Canada has lowered its posted five-year fixed rate by 15 basis points from 3.89 per cent to 3.74 per cent.
Financial sector helps lift Toronto stocks, U.S. stocks also climb higher

Financial sector helps lift Toronto stocks, U.S. stocks also climb higher

TORONTO — Gains in the financial and health-care sectors helped Canada's main stock index close higher along with U.S. indices. Bank stocks in the U.S.
Fed survey finds businesses worried by political uncertainty

Fed survey finds businesses worried by political uncertainty

WASHINGTON — The Federal Reserve said Wednesday business contacts in many regions of the country are expressing less optimism amid a host of adverse developments, from plunging stock prices to uncertainty about a widening trade war.

Sinclair debuts streaming service for its local TV stations

NEW YORK — Sinclair Broadcast wants to "Stirr" up streaming.