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WINNIPEG — Great-West Lifeco Inc. says its fourth-quarter net earnings were $740 million, up from $452 million during the same quarter last year. Net earnings per common share were 79 cents, up from 48 cents for the quarter ended Dec. 31, 2023.

VANCOUVER — West Fraser Timber Co. Ltd. says it lost US$153 million in its fourth quarter, a steeper loss than US$94 million a year earlier. Sales for the quarter ended Dec. 31 were US$1.5 billion, down from US$1.6 billion.

TORONTO — Manulife Financial Corp. says it had a net income attributed to shareholders of $1.66 billion for the quarter ending Dec. 31, up 81 per cent from $915 million in the same quarter last year. The insurance giant reported core earnings of $1.

Thousands of ride-hailing and delivery workers in the U.S. and the U.K. went on strike on Valentine's Day, calling for higher pay and other changes to their working conditions. In the U.S.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,889.40, up 304.43 points): Enbridge Inc. (TSX:ENB). Energy. Down $1.23, or 2.65 per cent, to $45.14 on 16.8 million shares.

OTTAWA — Canadian manufacturers of masks and other equipment for protecting against COVID-19 are seeking more than $5 billion in damages from the federal government, saying Ottawa misled them about buying and helping sell their products.

MONTREAL — Fixed-price defence contracts dragged down earnings at CAE Inc. as the flight simulator maker saw quarterly profits fall nearly 30 per cent year-over-year even while revenues rose.

TORONTO — sa¹ú¼Ê´«Ã½'s main stock index gained more than 300 points or almost 1.5 per cent Wednesday on broad-based strength, while U.S. markets also rose to take back some of their losses from the previous day.

BCE Inc. is urging the CRTC to implement conditions such as caps on eligible speeds and initial access restrictions if the regulator allows smaller internet providers to use rivals' fibre networks to offer their services to customers.

OTTAWA — RBC says a recently announced cap on new study permits won't lead to an outright decrease in demand for rental housing from international students this year.