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S&P/TSX composite nudges higher to new record close; commodity prices gain

S&P/TSX composite nudges higher to new record close; commodity prices gain

Canada's main stock index edged slightly higher to a new record close Monday, helped by commodity price gains that lifted the energy and mining sectors. The S&P/TSX composite index inched up 18.
Trump Media stock falls more than 21% after company discloses $58 million loss for 2023

Trump Media stock falls more than 21% after company discloses $58 million loss for 2023

NEW YORK (AP) — Less than a week after a flashy stock market debut , Donald Trump's social media company on Monday disclosed that it lost nearly $58.2 million last year, sending its stock tumbling more than 21%.
Airlines, shippers pitch feds on boosting sustainable infrastructure funding

Airlines, shippers pitch feds on boosting sustainable infrastructure funding

MONTREAL — Airlines and marine shippers have asked Ottawa to beef up funding for sustainable transport, money they hope will flow toward green supply chains and upgrades to existing infrastructure.
Alex Murdaugh gets 40 years in federal prison for stealing from clients and his law firm

Alex Murdaugh gets 40 years in federal prison for stealing from clients and his law firm

CHARLESTON, S.C. (AP) — For maybe the last time, Alex Murdaugh, in a prison jumpsuit instead of the suit he used to wear, shuffled into a courtroom Monday in South Carolina and was sentenced to 40 years in federal prison.
Payment technology company Nuvei Corp. signs deal to be taken private

Payment technology company Nuvei Corp. signs deal to be taken private

Less than four years after it went public in what was the Toronto Stock Exchange's largest tech IPO ever, Nuvei Corp. is going private in a deal that values the company at US$6.3 billion.
Interprovincial migration helps fuel tight Calgary housing market as inventory falls

Interprovincial migration helps fuel tight Calgary housing market as inventory falls

CALGARY — The Calgary Real Estate Board says March home sales were up 9.9 per cent from last year as interprovincial migration to Alberta contributed to tight market conditions.
HSBC Canada branches reopening under RBC brand with takeover complete

HSBC Canada branches reopening under RBC brand with takeover complete

TORONTO — RBC is reopening HSBC Canada branches under its own brand on Monday after closing its takeover of the bank last week.
Pembina Pipeline closes Alliance, Aux Sable purchases; raises guidance

Pembina Pipeline closes Alliance, Aux Sable purchases; raises guidance

CALGARY — Pembina Pipeline Corp. says it has closed its previously announced $3.1-billion purchase of Enbridge Inc.'s stakes in the Alliance pipeline and Aux Sable gas processing facility.
Payments Canada undergoes leadership change amid slow shift to faster payments

Payments Canada undergoes leadership change amid slow shift to faster payments

TORONTO — Trains aren’t the only way Canada lags on high-speed rail.
Firms, consumers more optimistic about economy amid expected rate cuts: BoC surveys

Firms, consumers more optimistic about economy amid expected rate cuts: BoC surveys

OTTAWA — The Bank of Canada says business and consumer sentiment improved during the first quarter of the year, despite higher interest rates still putting a drag on the economy.