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National Business
National Business
CP Rail hires thousands as it awaits regulatory go-ahead for KCS merger
CALGARY — Canadian Pacific Railway Ltd. is on a hiring spree as it awaits regulatory go-ahead for its acquisition of Kansas City Southern.
Jan 31, 2023 6:29 PM
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S&P/TSX composite gains 200 points Tuesday, U.S. markets also up
TORONTO — Canada's main stock index gained almost 200 points Tuesday with broad-based strength across sectors while U.S. markets also rose, erasing Monday's losses. The S&P/TSX composite index was up 195.27 points at 20,767.38.
Jan 31, 2023 5:43 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,767.38, up 195.27): Enbridge Inc. (TSX:ENB). Energy. Up 21 cents, or 0.39 per cent, to $54.48 on 19 million shares.
Jan 31, 2023 5:14 PM
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Greater Vancouver home sales to flatten while prices inch up, forecast says
VANCOUVER — Home sales in Greater Vancouver are predicted to stay in line with last year’s slower pace, while prices inch up slightly. The forecasts are contained in the Real Estate Board of Greater Vancouver's outlook for 2023 released Tuesday.
Jan 31, 2023 4:41 PM
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Wall Street climbs to add more to its strong January
NEW YORK (AP) — Wall Street closed out a strong January with more gains. The S&P 500 rose 1.5% Tuesday, marking its third winning month in the last four. The Dow rose 1.1% and the Nasdaq rose 1.7%.
Jan 31, 2023 4:08 PM
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'Hands off Africa!': Pope blasts foreign plundering of Congo
KINSHASA, Congo (AP) — Pope Francis demanded Tuesday that foreign powers stop plundering Africa’s natural resources for the “poison of their own greed” as he arrived in Congo to a raucous welcome by Congolese grateful he was focusing the world’s atte
Jan 31, 2023 4:07 PM
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Canadian economy loses steam, expected to slow further amid high interest rates
OTTAWA — The Canadian economy lost steam as 2022 drew a close, setting the stage for a continued slowdown this year as high interest rates weigh on spending.
Jan 31, 2023 4:01 PM
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French officials say 1.27 million protested pension reforms
PARIS (AP) — An estimated 1.
Jan 31, 2023 3:08 PM
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Imperial Oil expects 'double-digit' returns from renewable diesel facility
CALGARY — Imperial Oil Ltd. expects "double-digit returns" from its $720-million investment to build what will be Canada's largest renewable diesel manufacturing facility at its Strathcona refinery, the oil giant said Tuesday.
Jan 31, 2023 1:31 PM
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General Motors to invest US$650 million in Lithium Americas
VANCOUVER — General Motors Co. has signed a deal to invest US$650 million in Vancouver-based Lithium Americas Corp., the latest move by an automaker to secure raw materials for their push into electric vehicles.
Jan 31, 2023 1:21 PM
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