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BMO closes US$16.3 billion Bank of the West deal

BMO closes US$16.3 billion Bank of the West deal

TORONTO — BMO Financial Group says it has closed its US$16.3 billion acquisition of Bank of the West more than 13 months after initially announcing the deal. The bank says the closing of the deal adds nearly 1.
January's new listings hit level not seen since the late 90s: Calgary realty board

January's new listings hit level not seen since the late 90s: Calgary realty board

CALGARY — The Calgary Real Estate Board says January's new listings fell to a level not seen since the last 90s as home sales declined 40 per cent from the year before.
TC Energy raises expected cost of Coastal GasLink project to $14.5 billion

TC Energy raises expected cost of Coastal GasLink project to $14.5 billion

CALGARY — The estimated cost of the Coastal GasLink pipeline has increased by 29 per cent to $14.5 billion, as the company behind the project continues to be dogged by unexpected construction issues and rising labour costs.
Ontario disability aid change not as beneficial as it seems: advocates

Ontario disability aid change not as beneficial as it seems: advocates

OTTAWA — Terrie Meehan sometimes eats just one meal a day so she can stretch her food supply. The $1,100 a month she receives from the Ontario Disability Support Program just doesn't go that far.
Andrew Tate loses appeal against 30-day detention in Romania

Andrew Tate loses appeal against 30-day detention in Romania

BUCHAREST, Romania (AP) — A Romanian court on Wednesday upheld a second 30-day detention for the divisive influencer and former professional kickboxer Andrew Tate who is held on suspicion of organized crime and human trafficking, an official said.
Job market still hot, December openings rise to 11 million

Job market still hot, December openings rise to 11 million

WASHINGTON (AP) — U.S. job openings rose to 11 million in December, delivering a setback to the Federal Reserve's effort to cool a hot job market. Openings were up from 10.
Immigration increase alone won't fix the labour market, experts say

Immigration increase alone won't fix the labour market, experts say

Experts say Canada’s plan to increase immigration may ease some pressures in the labour market, but bigger changes are needed to ensure new permanent residents are matched with the jobs that most need filling.
Canaccord Genuity buying Mercer's Canadian private wealth business

Canaccord Genuity buying Mercer's Canadian private wealth business

TORONTO — Canaccord Genuity Group Inc. has signed a deal to acquire the Canadian private wealth business of Mercer Global Investments Canada Ltd. Financial terms of the agreement were not immediately available.
CGI reports $382.4M first-quarter profit, up from $367.4M a year earlier

CGI reports $382.4M first-quarter profit, up from $367.4M a year earlier

MONTREAL — CGI Inc. reported a first-quarter profit of $382.4 million, up from $367.4 million a year earlier, as its revenue rose more than 10 per cent. The technology and business consulting firm says the profit amounted to $1.
Investors not walking the talk when voting on climate commitments: report

Investors not walking the talk when voting on climate commitments: report

TORONTO — A report from an investor-focused advocacy group raises questions about how well some of Canada's biggest investors are meeting their climate commitments.