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National Business
National Business
Home prices in Q4 down year-over-year, first decline since end of 2008: report
TORONTO — The median price of a home in Canada in the fourth quarter of 2022 posted the first year-over-year decline since the end of 2008 during the financial crisis, Royal LePage says.
Jan 13, 2023 11:50 AM
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Investors look for 2023 outlooks from companies as earnings season looms
TORONTO — Experts say the upcoming earnings season will be overshadowed by the broader economic climate, with interest rates and inflation data more closely watched thanindividual company reports.
Jan 13, 2023 10:00 AM
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Trump Organization fined $1.6 million for tax fraud
NEW YORK (AP) — Donald Trump’s company was fined $1.
Jan 13, 2023 9:54 AM
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Corus Entertainment reports Q1 profit and revenue down from year ago
TORONTO — Corus Entertainment Inc. reported its first-quarter profit fell compared with a year ago as its revenue also moved lower. The television and radio company says it earned $31.
Jan 13, 2023 9:04 AM
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Cogeco Communications reports Q1 profit and revenue up, trims guidance for full year
MONTREAL — Cogeco Communications Inc. reported its first-quarter profit and revenue rose compared with a year ago, but the company trimmed its guidance for its full financial year.
Jan 13, 2023 8:59 AM
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Shaw sees revenue, income decline in first quarter of fiscal 2023
CALGARY — Shaw Communications Inc. says revenue for its first quarter ended Nov. 30, 2022 saw revenue decrease by 1.2 per cent year over year. The Calgary-based company says net income for the quarter was down 14.
Jan 12, 2023 6:26 PM
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RBC subsidiary in U.S. to pay $31 million redlining settlement
TORONTO — An RBC subsidiary in the U.S. has reached a US$31-million settlement with the Department of Justice over allegations of discrimination by limiting mortgage lending in predominately Black and Latino communities.
Jan 12, 2023 5:56 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,211.20, up 186.15): Algonquin Power & Utilities Corp. (TSX:AQN). Utilities. Down 42 cents, or 4.22 per cent, to $9.53 on 14.
Jan 12, 2023 5:23 PM
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S&P/TSX composite gains almost one per cent, U.S. markets also rise
TORONTO — Canada's main stock index gained almost one per cent Thursday, buoyed by strength in the energy and financial sectors, while U.S. markets also rose. The S&P/TSX composite index was up 186.15 points at 20,211.20.
Jan 12, 2023 4:43 PM
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Banking regulator launches consultations on mortgage rules, proposes additions
TORONTO — Stricter rules around qualifying for a mortgage could be coming as Canada's banking regulator seeks feedback on several proposals to limit the number of overstretched borrowers.
Jan 12, 2023 4:30 PM
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