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Corus Entertainment reports Q2 profit down from year ago as revenue edges higher

Corus Entertainment reports Q2 profit down from year ago as revenue edges higher

TORONTO 鈥 Corus Entertainment Inc. reported its second-quarter profit fell compared with a year ago as its revenue edged higher.
China used TV, TikTok stars in discreet Olympics campaign

China used TV, TikTok stars in discreet Olympics campaign

WASHINGTON (AP) 鈥 A 鈥淩eal Housewives of Beverly Hills鈥 TV star, a Paralympic swimmer and a self-described 鈥渂rand king鈥 were among the Instagram and TikTok influencers who were paid by Chinese officials for a discreet campaign that promoted the Beijin
Budget 2022: Ottawa unveils $2.6B carbon capture tax credit for energy sector

Budget 2022: Ottawa unveils $2.6B carbon capture tax credit for energy sector

CALGARY 鈥 Ottawa is urging oil and gas companies to move quickly to take advantage of a major new tax credit for carbon capture and storage 鈥 a pricey technology that proponents say could play an important role in reducing this country's greenhouse g
Budget 2022: Ottawa raising taxes on big banks and life insurance companies

Budget 2022: Ottawa raising taxes on big banks and life insurance companies

Ottawa is raising taxes on sa国际传媒鈥檚 big banks and life insurance companies.
Medicare weighs premium cut after limiting Alzheimer's drug

Medicare weighs premium cut after limiting Alzheimer's drug

WASHINGTON (AP) 鈥 Medicare said Thursday it's considering a cut in enrollee premiums, after officials stuck with an earlier decision to sharply limit coverage for a pricey new Alzheimer's drug projected to drive up program costs.
Budget 2022: Feds create new tax-free account for first-time homebuyers

Budget 2022: Feds create new tax-free account for first-time homebuyers

OTTAWA 鈥 Canadians looking to save a down payment to buy their first home will have a new tax-free savings account to use starting next year.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO 鈥 Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (21,834.89, up 46.29 points.) Athabasca Oil Corp. (TSX:ATH). Energy. Up five cents, or 2.5 per cent, to $2.04 on 32.7 million shares.
Canadian banks hit with tax hike in federal budget, worry about competitiveness

Canadian banks hit with tax hike in federal budget, worry about competitiveness

TORONTO 鈥 The federal budget tabled Thursday includes a smaller-than-expected tax hike for financial institutions, but bank CEOs say a corporate tax rate increase will hurt sa国际传媒's competitiveness on the global stage. Thegovernmentannounced a 1.
N.L. budget forecasts $351-million deficit, drop in oil revenues

N.L. budget forecasts $351-million deficit, drop in oil revenues

ST. JOHN'S, N.L. 鈥 Newfoundland and Labrador forecast a $351-million deficit in its budget tabled on Thursday, projecting a significant drop in oil royalties for the 2022-23 fiscal year at a time when oil prices are skyrocketing.
S&P/TSX composite reverses early losses to edge higher ahead of budget release

S&P/TSX composite reverses early losses to edge higher ahead of budget release

TORONTO 鈥 sa国际传媒's main stock index reversed early losses to edge higher Thursday as the materials and energy sectors strengthened ahead of the afternoon release of the federal budget. The S&P/TSX composite index closed up 46.29 points to 21,834.