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National Business
National Business
WSP Global's acquisition hunt isn't over after ‘consolidation’ phase: CEO
MONTREAL — WSP Global expects to continue an acquisition spree this year after snapping up several more companies in the first three months of the year.
May 9, 2024 8:38 AM
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S&P/TSX composite up more than 150 points in record-high territory
TORONTO — Canada's main stock index was up more than 150 points, as strength in telecommunication stocks and the base metal sector helped put it into record-high territory in late-morning trading. The S&P/TSX composite index was up 151.
May 9, 2024 8:38 AM
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Shares of MDA Space fall after posting Q1 profit down from year ago
BRAMPTON, Ont. — Space technology firm MDA Ltd. says it earned $13.8 million in net income in its first quarter, down from $16.1 million a year earlier, as its revenue edged higher.
May 9, 2024 8:24 AM
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Ontario secures more natural gas, battery storage for electricity supply
TORONTO — Ontario's electricity system operator says it has secured new power supply from 10 battery storage facilities and three natural gas and biogas facilities, which should meet the province's needs until the 2030s.
May 9, 2024 8:08 AM
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Activist investor wins 3 Norfolk Southern board seats but won’t have control to fire CEO
Norfolk Southern’s CEO will be under more pressure to improve profits after the railroad’s shareholders voted Thursday to elect three of the board members an activist investor nominated, but he won’t be fired right away.
May 9, 2024 8:05 AM
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Fintrac imposes $6 million fine on cryptocurrency exchange Binance Holdings
OTTAWA — The federal anti-money laundering agency has issued a $6-million fine to cryptocurrency exchange company Binance Holdings Ltd. Fintrac says Binance failed to register with the agency as a foreign money services business.
May 9, 2024 7:44 AM
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How to find a financial adviser that aligns with your goals, money management style
From certified financial planners to wealth managers, chartered professional accountants to money coaches, there are no shortage of people out there providing financial advice and services.
May 9, 2024 7:00 AM
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Telus reports Q1 profit down from year ago, raises quarterly dividend
VANCOUVER — Telus Corp. raised its quarterly dividend as it reported its first-quarter profit fell compared with a year ago. The telecommunications company says it will now make a quarterly payment to shareholders of 38.
May 9, 2024 6:55 AM
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Brookfield Corp. reports Q1 distributable earnings up, US$150B in deployable capital
TORONTO — Brookfield Corp. reported distributable earnings of US$1.22 billion for the first quarter, up from $1.
May 9, 2024 6:44 AM
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Stock market today: Wall Street is off to a mixed start
NEW YORK (AP) — Stocks are drifting again on Wall Street. The S&P 500 was little changed early Thursday, the Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite was up 0.1%.
May 9, 2024 6:41 AM
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