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Markets start December in the green after 'remarkable' November comes to a close

Markets start December in the green after 'remarkable' November comes to a close

TORONTO — sa¹ú¼Ê´«Ã½'s main stock index gained more than 200 points Friday on broad-based strength led by base metals, industrials and telecom stocks, while U.S. markets also rose.
Stock market today: Wall Street gains ground following its best month in more than a year

Stock market today: Wall Street gains ground following its best month in more than a year

NEW YORK — Stocks gained ground on Wall Street as the market comes off its best month in more than a year. The S&P 500 rose 0.6% Friday, marking its fifth straight week of gains.
Calgary sees another home sales gain in November as prices jump nearly 11%

Calgary sees another home sales gain in November as prices jump nearly 11%

CALGARY — The Calgary Real Estate Board says the city saw 1,787 home sales in November, marking an 8.8 per cent increase compared with the same month last year as the ratio of sales to new listings remained high at 80 per cent.
Banks focus on staff cuts, provisions for bad loans in Q4 ahead of uncertain 2024

Banks focus on staff cuts, provisions for bad loans in Q4 ahead of uncertain 2024

TORONTO — Fewer employees and more money set aside for bad loans were two of the dominant themes of Canadian bank earnings this past quarter as they prepared for whatever may come next year.
Cracks in job market grow as BoC succeeds at slowing economy to a near halt

Cracks in job market grow as BoC succeeds at slowing economy to a near halt

OTTAWA — sa¹ú¼Ê´«Ã½'s unemployment rate continues to trend higher as the Bank of sa¹ú¼Ê´«Ã½'s steep interest rate hikes weigh down the economy leaves workers with fewer options in the job market.
Walmart sa¹ú¼Ê´«Ã½ investing $1 billion in modernization, 'store of the future'

Walmart sa¹ú¼Ê´«Ã½ investing $1 billion in modernization, 'store of the future'

Walmart sa¹ú¼Ê´«Ã½ says it will invest nearly $1 billion this fiscal year on a slew of projects meant to modernize the retail giant's Canadian footprint. The spending will include more than $300 million for store remodels and renovations.
BMO sees higher cost savings ahead thanks to Bank of the West, cuts to real estate

BMO sees higher cost savings ahead thanks to Bank of the West, cuts to real estate

TORONTO — BMO Financial Group said Friday it expects higher cost savings from its US$16.3 billion Bank of the West acquisition as part of a wider focus on efficiencies to weather the economic slowdown.
The hidden environmental cost of your overflowing email inbox

The hidden environmental cost of your overflowing email inbox

When consumers think about ways to reduce their carbon footprint, lowering their car usage, eating fewer animal products and reducing their waste likely come to mind. But there’s another, perhaps easier, way to cut your emissions: delete old emails.
Deals to sell BioSteel assets result in $30.4M in aggregate gross proceeds: Canopy

Deals to sell BioSteel assets result in $30.4M in aggregate gross proceeds: Canopy

SMITHS FALLS, Ont. — Canopy Growth Corp. says the aggregate gross proceeds from selling off its sports drink business total $30.4 million. The Smiths Falls, Ont.
First Quantum starts arbitration process to protect rights at Cobre Panama

First Quantum starts arbitration process to protect rights at Cobre Panama

TORONTO — First Quantum Minerals Ltd. says it has started arbitration proceedings to protect its rights at its Cobre Panama mine which has been the subject of environmental protests.