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North American markets up on strong jobs numbers in Canada, U.S.
TORONTO — Canada's main stock index was up more than 200 points Friday amid stronger-than-expected jobs data, with strong gains in the financial sector and base metals, while U.S. stock markets also posted gains.
Nov 4, 2022 4:54 PM
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SNC-Lavalin reports Q3 profit up compared with a year ago
MONTREAL — SNC-Lavalin Inc. reported increased profits in its latest quarter despite feeling the negative effects of currency fluctuations and cost overruns from its fixed-price projects.
Nov 4, 2022 4:42 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (19,449.81, up 208.59 points): Enbridge Inc. (TSX:ENB). Energy. Up 55 cents, or 1.03 per cent, to $54.17 on 16.4 million shares.
Nov 4, 2022 4:41 PM
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Stocks end higher on Wall Street after more shaky trading
NEW YORK (AP) — Stocks closed higher on Wall Street after another day of uncertain trading as markets weighed the latest reading on the jobs market and what it means for interest rates and the odds of a recession. The S&P 500 rose 1.
Nov 4, 2022 4:09 PM
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Enbridge CEO says federal incentives for clean tech will spur investment in Canada
CALGARY — The new incentives for clean energy development in the federal government's fall fiscal update will make a real difference in helping to attract investment capital to Canada, the chief executive of Enbridge Inc. said Friday.
Nov 4, 2022 3:47 PM
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Canadian labour market still strong, though economists warn slowdown still on the way
OTTAWA — The labour market showed signs of life in October with a surprise jump in the number of jobs, but economists still expect to see the economy slow more noticeably in the coming months.
Nov 4, 2022 3:00 PM
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Quebec tech leaders call for changes to taxation of data centres, other assets
Tech companies are warning businesses could flee Quebec after a pair of court cases paved the way for property tax bills to jump by more than 250 per cent at data centres, medical clinics and even supermarkets.
Nov 4, 2022 3:00 PM
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Widespread Twitter layoffs begin a week after Musk takeover
NEW YORK (AP) — Twitter began widespread layoffs Friday as new owner Elon Musk overhauls the social platform . The company had told employees by email that they would find out by 9 a.m. PDT (noon EDT) if they had been laid off.
Nov 4, 2022 2:27 PM
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Auto parts producers see supply chains improving but shutdowns still weigh
Canadian auto parts makers say the supply picture is improving and helping boost their bottom line, but disruptions continue to weigh on operations and profits. Magna International Inc.
Nov 4, 2022 2:03 PM
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Discount retailers, grocers driving occupancy rates up: RioCan CEO
TORONTO — RioCan Real Estate Investment Trust says retailers offering essential and discount goods are driving growth in its occupancy rates.
Nov 4, 2022 1:06 PM
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