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National Business
National Business
Stock market today: Wall Street clings to modest gains and marks another winning week
NEW YORK (AP) — Stocks clung to modest gains on Wall Street, enough to edge the S&P 500 index to another record high and its sixth winning week in the last seven.
Feb 23, 2024 1:09 PM
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Pembina Pipeline deferring Cedar LNG decision until mid-year
CALGARY — The company behind the proposed Cedar LNG facility said this week itwill defer making a final investment decision on the project until mid-2024. Pembina Pipeline Corp.
Feb 23, 2024 12:42 PM
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Have a cancelled Lynx Air flight? Here's what to know about getting a refund
Many passengers booked to fly on Lynx Air have been left scrambling after the discount air carrier announced it was ceasing operations on Feb. 26.
Feb 23, 2024 12:38 PM
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Indigenous firms, First Nation to create investment dealer with Scotiabank
TORONTO — Canada's first Indigenous-owned investment dealer could soon be a reality as Scotiabank is partnering with two Indigenous development corporations and a First Nation to launch one. Cedar Leaf Capital Inc.
Feb 23, 2024 10:04 AM
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Federal government posts $23.6B deficit for April-to-December period
OTTAWA — The federal government posted a budgetary deficit of $23.6 billion for the first nine months of its 2023-24 fiscal year. The result compared with a deficit of $5.5 billion for the same stretch of its 2022-23 fiscal year.
Feb 23, 2024 8:06 AM
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Chorus Aviation reports Q4 net income down 20% from year earlier, revenue also lower
HALIFAX — Chorus Aviation Inc. reported its fourth-quarter profit fell 20 per cent compared with a year ago as its revenue also edged lower. The company says it earned net income of $36.6 million for the quarter ended Dec. 31, down from $45.
Feb 23, 2024 7:14 AM
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Germany's parliament votes to legalize limited marijuana possession and allow 'cannabis clubs'
BERLIN (AP) — German lawmakers on Friday approved a government plan to liberalize rules on cannabis, paving the way for the country to decriminalize limited amounts of marijuana and allow members of “cannabis clubs” to buy it for recreational purpose
Feb 23, 2024 6:59 AM
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TransAlta reports $84M Q4 loss compared with $163M loss a year earlier
CALGARY — TransAlta Corp. reported a loss attributable to common shareholders of $84 million compared with a loss of $163 million a year earlier. The power utility says the loss amounted to 27 cents per diluted share for the quarter ended Dec.
Feb 23, 2024 6:11 AM
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Onex reports US$373M Q4 profit, down from US$435M a year earlier
TORONTO — Onex Corp. reported a fourth-quarter profit of US$373 million, down from US$435 million a year earlier. The investment firm and asset manager, which keeps its books in U.S. dollars, says the profit amounted to US$4.
Feb 23, 2024 5:07 AM
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Top EU official says decisions coming next week on the release of massive funds for Poland
WARSAW, Poland (AP) — The head of the European Union’s powerful Commission announced on Friday in Warsaw that decisions will be taken soon to release billions of euros to Poland, funds frozen by the bloc over the previous Polish government's anti-EU
Feb 23, 2024 4:51 AM
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