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Rodriguez leaves door open to regulating Meta's new social media platform Threads

Rodriguez leaves door open to regulating Meta's new social media platform Threads

Canada's heritage minister is leaving the door open to regulating new social media platform Threads under a bill forcing Google and Meta to pay publishers for content they link to or repurpose.
Laurentian Bank shares soar after it announced a review of strategic options

Laurentian Bank shares soar after it announced a review of strategic options

TORONTO — Shares of Laurentian Bank of Canada soared more than 30 per cent in early trading Wednesday after the bank said it was conducting a review of its strategic options to maximize shareholder value.
Domino's signs deal with Uber Eats in a bid to make more dough

Domino's signs deal with Uber Eats in a bid to make more dough

If you can't beat them, join them. In a major reversal, Domino’s Pizza said Wednesday it’s partnering with Uber Eats to make deliveries in the U.S. and 27 international markets.
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 (20,070.77, up 192.21): Enbridge Inc. (TSX:ENB). Energy. Up 44 cents, or 0.91 per cent, to $48.59 on 8.7 million shares.
S&P/TSX composite up almost 200 points, U.S. stock markets also rise

S&P/TSX composite up almost 200 points, U.S. stock markets also rise

TORONTO — Canada's main stock index was up almost 200 points Wednesday on broad-based gains led by utilities and base metals after the central bank raised interest rates to five per cent, while U.S.
Bank of Canada raises key rate to five per cent as higher inflation levels persist

Bank of Canada raises key rate to five per cent as higher inflation levels persist

OTTAWA — The Bank of Canada raised interest rates again on Wednesday, hitting the economy with even higher borrowing costs as new projections suggest it will take longer for inflation to fall back to two per cent.
Halted Montreal-New York City train route sparks concern among tourism outlets

Halted Montreal-New York City train route sparks concern among tourism outlets

Montreal tourism operators have begun to feel the impact of the suspension of the only daily train between their city and New York City. "Summer is the busiest tourist season in Montreal.
Bank of Canada raises rate to 5%: What we learned about inflation and the economy

Bank of Canada raises rate to 5%: What we learned about inflation and the economy

OTTAWA — The Bank of Canada hiked its key interest rate on Wednesday, by 0.25 of a percentage point to five per cent.
Interest rate hikes weighing on cottage market, where prices are expected to slide

Interest rate hikes weighing on cottage market, where prices are expected to slide

TORONTO — When the warm weather hits, Arthur Parks usually sees up to 10 referrals from Toronto real estate agents with clients feeling the allure of lakeside living as the summer heats up.
Back with a splash: CNE to debut 'Vegas-style' fountain show, bring back ice show

Back with a splash: CNE to debut 'Vegas-style' fountain show, bring back ice show

TORONTO — The Canadian National Exhibition promises to return with a splash next month — it’s touting a new fountain show billed as a “Vegas-style” spectacle.