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Wall Street rises ahead of hotly anticipated inflation data

Wall Street rises ahead of hotly anticipated inflation data

NEW YORK (AP) — Wall Street closed higher as traders made their final moves in anticipation of a report that could show whether inflation is cooling in the right way or setting the market up for worse pain. The S&P 500 rose 1.1% Monday.
Ontario Power Generation buying GM sa¹ú¼Ê´«Ã½'s former head office building

Ontario Power Generation buying GM sa¹ú¼Ê´«Ã½'s former head office building

TORONTO — Ontario Power Generation says it has signed a deal to buy the former head office building for General Motors of sa¹ú¼Ê´«Ã½ in Oshawa, Ont., and plans to use it for its own corporate headquarters.
Jason Stoicevich to lead Canadian operations for Stellantis

Jason Stoicevich to lead Canadian operations for Stellantis

WINDSOR, Ont. — Stellantis North America says Jason Stoicevich will take over the leadership of its Canadian operations, effective immediately.
Dye & Durham reports $34.8M quarterly loss, revenue down from year ago

Dye & Durham reports $34.8M quarterly loss, revenue down from year ago

TORONTO — Dye & Durham Ltd. reported a net loss of $34.8 million in its latest quarter as its revenue edged down three per cent compared with a year ago.
B2Gold signs agreement to buy Sabina Gold and Silver for $1.1B in all-stock deal

B2Gold signs agreement to buy Sabina Gold and Silver for $1.1B in all-stock deal

VANCOUVER — B2Gold Corp. has signed a deal to buy Sabina Gold and Silver Corp. in an all-stock deal valued at $1.1 billion. Sabina owns the Back River gold district in Nunavut including five mineral claims across an 80-kilometre belt.
Ritchie Bros. Q4 profit expected to be between US$42M and US$45M

Ritchie Bros. Q4 profit expected to be between US$42M and US$45M

VANCOUVER — Ritchie Bros. Auctioneers Inc. says it expects its fourth-quarter profit to come in between US$42 million and US$45 million. In its preliminary results for the quarter ended Dec. 31, the company, which keeps its books in U.S.
Royal Canadian Mint temporarily lays off 56 workers at its Winnipeg facility

Royal Canadian Mint temporarily lays off 56 workers at its Winnipeg facility

WINNIPEG — The Royal Canadian Mint says it's temporarily laying off 56 employees at its Winnipeg facility.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: TC Energy results TC Energy Corp. will release its fourth-quarter financial results on Tuesday.
Regulator reining in Greatway's multiple levels of questionable insurance marketing

Regulator reining in Greatway's multiple levels of questionable insurance marketing

TORONTO — Life insurance for a baby might sound a little off, but fast-growing Greatway Financial Inc. says it's never too early to sign up.
Baffinland critical of report that says shipping to blame for narwhal displacement

Baffinland critical of report that says shipping to blame for narwhal displacement

A new report predicts there will be almost no narwhal left in an area off the northeastern coast of Baffin Island this summer and says shipping traffic from the nearby Mary River iron-ore mine is to blame.