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S&P/TSX composite hits new record, while U.S. stock markets mixed

S&P/TSX composite hits new record, while U.S. stock markets mixed

TORONTO — Canada's main stock index closed at a new record high and had its 12th straight day of gains on the back of a strong performance from the industrials sector, while U.S. markets were mixed. The S&P/TSX composite index was up 24.
Precision Drilling Q3 revenue up more than 50% from year ago as drilling ramps up

Precision Drilling Q3 revenue up more than 50% from year ago as drilling ramps up

CALGARY — Precision Drilling Corp. is anticipating a significant increase in activity this winter, thanks to the most positive backdrop the company has experienced for its business in "more than a decade," according to chief executive Kevin Neveu.
Fed imposes sweeping new limits on policymakers' investments

Fed imposes sweeping new limits on policymakers' investments

WASHINGTON (AP) — The Federal Reserve is imposing a broad new set of restrictions on the investments its officials can own, a response to questionable recent trades that forced two top Fed officials to resign.

California proposes new oil drilling ban near neighborhoods

SACRAMENTO, Calif.
City of Toronto seeks input on vacant home tax intended to increase housing supply

City of Toronto seeks input on vacant home tax intended to increase housing supply

Torontonians are being asked for their input on a new tax aimed at boosting housing supply amid the city's ongoing affordability crisis.

Business groups expect strong uptake of Ontario QR code vaccine certificates

TORONTO — Ontario business groups expect strong uptake of the new provincial app used to verify patrons' proof of COVID-19 vaccination but say they'd like financial support from the government to cover extra costs associated with it.
Rogers CEO addresses boardroom feud, says he has board's 'strong unequivocal support'

Rogers CEO addresses boardroom feud, says he has board's 'strong unequivocal support'

TORONTO — Rogers Communications Inc. sought to reassure investors Thursday as it tries to move past a boardroom drama that has prompted the departure of a senior executive and the launch of an executive oversight committee.

Stantec buying Cardno's North American and Asia Pacific engineering business

EDMONTON — Shares in Stantec Inc. gained more than 10 per cent Thursday after the company announced a deal to buy Cardno Ltd.'s North American and Asia Pacific engineering and consulting business for US$500 million.
New Toronto company can alert firms to unintended consequences in their AI

New Toronto company can alert firms to unintended consequences in their AI

TORONTO — Rarely a week goes by without Toronto tech worker Karthik Ramakrishnan seeing another example of artificial intelligence gone wrong.
PropTech is making it easier to buy or sell a house online

PropTech is making it easier to buy or sell a house online

CALGARY — Kim and Dave Bailey knew they wanted to build their new home on a lot that would accommodate a three-car garage.