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Manulife profits rise 45 per cent in fourth quarter but core earnings dip slightly

Manulife profits rise 45 per cent in fourth quarter but core earnings dip slightly

TORONTO — Manulife Financial Corp. says its fourth-quarter profits rose 45 per cent from a year ago, as gains from interest rates and bond sales offset lower volumes of new business during the COVID-19 pandemic last year.
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Sun Life Financial beats expectations as Q4 profits climbs 3.5% to $744 million

Sun Life Financial beats expectations as Q4 profits climbs 3.5% to $744 million

TORONTO — Sun Life Financial Inc. beat expectations as it reported that fourth-quarter profits grew 3.5 per cent to $744 million, up from $719 million in the same quarter a year earlier.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (18,457.78, up 49.16 points.) The Supreme Cannabis Co. Inc. (TSX:FIRE). Health care. Up seven cents, or 16.
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New Brunswick Premier Blaine Higgs uses annual speech to highlight economic growth

New Brunswick Premier Blaine Higgs uses annual speech to highlight economic growth

FREDERICTON — The premier of New Brunswick says more than $200 million in new, private investment projects are an indicator of growth in the province over the past year despite the COVID-19 pandemic.
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S&P/TSX climbs for an eighth-straight day as interest in cannabis stocks grow

S&P/TSX climbs for an eighth-straight day as interest in cannabis stocks grow

TORONTO — Canada's main stock index continued its record-setting run for an eighth day on a rising energy sector and cannabis stocks reportedly surging from interest by retail investors. The S&P/TSX composite index closed up 49.
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Flair announces plans to add eight domestic routes as other airlines cut service

Flair announces plans to add eight domestic routes as other airlines cut service

Low-cost carrier Flair Airlines says it is expanding service to eight cities in Canada, bringing its number of domestic destinations to 18 by the summer.
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Health units with low virus transmission urge caution as Ontario gradually reopens

Health units with low virus transmission urge caution as Ontario gradually reopens

TORONTO — Public health restrictions loosened in three Ontario regions with low rates of COVID-19 on Wednesday, with local officials warning that visitors from other areas weren't welcome at reopened businesses.
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Powell stresses commitment to full employment and low rates

Powell stresses commitment to full employment and low rates

WASHINGTON — Federal Reserve Chair Jerome Powell on Wednesday underscored the Fed's commitment to reducing unemployment to multi-decade lows, where it stood before the pandemic, while signalling little concern about the risk of potentially high infla
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Keyera shares fall after it reports 23% rise in delayed pipeline cost to $1.6 billion

Keyera shares fall after it reports 23% rise in delayed pipeline cost to $1.6 billion

CALGARY — Estimated costs for a proposed Alberta natural gas liquids pipeline put on hold last year amid the COVID-19 pandemic and commodity price uncertainty have jumped by $300 million to $1.6 billion, Keyera Corp. reported Wednesday.
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Ontario using billions in pandemic funding by March, deficit still record high

Ontario using billions in pandemic funding by March, deficit still record high

TORONTO — Ontario will spend all of the $13.3 billion in pandemic funding it received from the federal government by the end of March, although that won't change the record deficit it expects to rack up this year.
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