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RBC reports Q1 profit down as expenses, provisions for credit losses rise

RBC reports Q1 profit down as expenses, provisions for credit losses rise

TORONTO — Royal Bank of sa¹ú¼Ê´«Ã½ saw profits slip in the first quarter as it joined other banks in setting more money aside for tougher economic conditions ahead, though like others it also benefited from higher capital markets revenue as the uncertain
Insolvency filings in sa¹ú¼Ê´«Ã½ in January up 33.7% compared with a year earlier

Insolvency filings in sa¹ú¼Ê´«Ã½ in January up 33.7% compared with a year earlier

OTTAWA — Insolvencies in sa¹ú¼Ê´«Ã½ surged by a third in January compared with a year ago as consumers struggled with rising prices and higher interest rates, the Office of the Superintendent of Bankruptcy said Wednesday.
Bell and Telus customers will face higher roaming rates beginning next week

Bell and Telus customers will face higher roaming rates beginning next week

TORONTO — Some Canadians will pay more to use their cellphones while travelling abroad beginning next week. Telus and Bell say they are raising roaming rates, effective March 8 and 9, respectively.
Aecon Group selling Ontario road building business for $235 million

Aecon Group selling Ontario road building business for $235 million

TORONTO — Aecon Group Inc. has signed a deal to sell its road building business in Ontario to Green Infrastructure Partners Inc. (GIP) for $235 million in cash.
TikTok ban should make companies review social media, device policies, experts say

TikTok ban should make companies review social media, device policies, experts say

TORONTO — The federal government's move to ban TikTok on its phones should make companies think twice about their data policies and consider blocking the app on its own devices, academics say.
sa¹ú¼Ê´«Ã½'s budget praised for housing investment, criticized for lack of business help

sa¹ú¼Ê´«Ã½'s budget praised for housing investment, criticized for lack of business help

VICTORIA — The British Columbia government’s new budget will spend more as the economy shrinks.
Pearson airport to cap number of flights at peak travel times

Pearson airport to cap number of flights at peak travel times

Toronto Pearson International Airport plans to cap the number of flights into and out of sa¹ú¼Ê´«Ã½'s largest air hub in peak travel periods this year, with a view to "flatten out" daily crests at airports awash in passengers.
'Economic engine': Alberta predicting $2.4-billion surplus for petro-powered economy

'Economic engine': Alberta predicting $2.4-billion surplus for petro-powered economy

EDMONTON — Alberta is predicting a $2.4-billion budget surplus for its petro-powered economy this year, with plans to take a big bite out of its debt and put up guardrails to prevent eye-popping deficits when oil booms go bust.
sa¹ú¼Ê´«Ã½ budget forecasts years of deficits, but spends big on health, housing, families

sa¹ú¼Ê´«Ã½ budget forecasts years of deficits, but spends big on health, housing, families

VICTORIA — Deficits are in the forecast for British Columbia’s budget, but that’s not stopping the New Democrat government from spending billions on health, housing and families.
Here's what people are saying in reaction to the British Columbia budget

Here's what people are saying in reaction to the British Columbia budget

VICTORIA — The British Columbia government released a budget Tuesday that promises billions in new spending on health, housing and cost-of-living supports, as well as a return to deficits.