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Suncor signs oilsands lease development MOU with Fort McKay First Nation

Suncor signs oilsands lease development MOU with Fort McKay First Nation

CALGARY — Suncor Energy Inc. has signed an agreement with the Fort McKay First Nation that the oilsands giant says could lead to its first-ever bitumen extraction project on reserve lands.
Linamar shares up more than 11 per cent after company reports higher earnings, sales

Linamar shares up more than 11 per cent after company reports higher earnings, sales

GUELPH, Ont. — Shares in Linamar Corp. rose more than 11 per cent on Thursday after the company raised its dividend and reported its fourth-quarter profit and sales rose compared with a year ago.
Perrin Beatty leaving Canadian Chamber of Commerce after 17 years

Perrin Beatty leaving Canadian Chamber of Commerce after 17 years

OTTAWA — Perrin Beatty is leaving his post as president of the Canadian Chamber of Commerce at the end of August.
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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (21,794.56, up 200.60 points): Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down six cents, or 0.06 per cent, to $97.05 on 9.
S&P/TSX composite gains almost one per cent, U.S. markets climb

S&P/TSX composite gains almost one per cent, U.S. markets climb

TORONTO — Canada's main stock index gained almost one per cent on Thursday, while U.S. markets also rose, led by a 1.5 per cent gain on the Nasdaq. The S&P/TSX composite index closed up 200.60 points at 21,794.56.
Stock market today: Wall Street rises to another record as traders look ahead to easier rates

Stock market today: Wall Street rises to another record as traders look ahead to easier rates

NEW YORK (AP) — Stocks rose to another record, with easier interest rates beckoning on the horizon. The S&P 500 climbed 1% Thursday, beating the all-time high it set last week. The Dow added 0.3%, and the Nasdaq composite rose 1.5%.
Company that operates Just for Laughs owes nearly $22.5 million: court documents

Company that operates Just for Laughs owes nearly $22.5 million: court documents

TORONTO — Court documents show the company that runs the Just for Laughs comedy festival owes nearly $22.5 million to creditors. Groupe Juste pour rire Inc.
Canadians paying billions of dollars in 'excess' bank fees: report

Canadians paying billions of dollars in 'excess' bank fees: report

TORONTO — As the federal government pushes to reduce bank fees, a report from consultancy North Economics figures Canadians are overpaying by billions of dollars a year.
Federal Reserve's Powell: Regulatory proposal criticized by banks will be revised by end of year

Federal Reserve's Powell: Regulatory proposal criticized by banks will be revised by end of year

WASHINGTON (AP) — A sweeping bank regulatory proposal will be significantly revised by year's end, Federal Reserve Chair Jerome Powell said Thursday, a potential victory for the large banks that have aggressively opposed the likely changes.
Statistics Canada reports $496M merchandise trade surplus for January

Statistics Canada reports $496M merchandise trade surplus for January

OTTAWA — Canada posted a merchandise trade surplus of $496 million in January as imports fell to their lowest level since February 2022.