Latest News
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Exhibit on displaced Palestinians set to open at human rights museum amid criticism
WINNIPEG – The head of the Canadian Museum for Human Rights says it’s unfortunate a trustee resigned over an exhibit about displaced Palestinians but she stands by the decision for it to open to the…
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RBC fined more than $4-million for providing inaccurate credit card statements
Canada’s financial consumer watchdog says the Royal Bank of Canada RY-T -0.81%decrease was fined more than $4-million for providing inaccurate credit card statements to some customers. The Financial Consumer Agency of Canada says it issued a fine of…
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SU.TO historical share prices (6 months) with WTI prices—correlation and forecast for the next 3 months SU.TO share price based on (1) 5% WTI price increase and (2) a 5% decrease
SU.TO (Suncor Energy) maintains a strong positive correlation with WTI crude oil prices over the past 6 months (and historically), as is typical for this major integrated Canadian oil producer with significant upstream exposure. Recent…
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US: Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows
The Federal Reserve’s primary price gauge rose at its highest level since 2023, reinforcing the central bank’s recent tough talk on inflation. Excluding food and energy, the personal consumption expenditures price index showed a 3.4% annual rate…
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Couche-Tard grows U.S. gas station profits during Middle East war
Canadian convenience store operator Alimentation Couche-Tard Inc. ATD-T tallied its best U.S. same-store sales growth of the last three years during its latest quarter, a sign consumer confidence is slowly returning in its biggest market as the…
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AtkinsRéalis seeks to license Candu reactor in traditionally closed-off U.S. market
AtkinsRéalis Group Inc. ATRL-T +0.60%increase has launched efforts to license its Candu reactor in the United States, an opening salvo into a market that has traditionally been regarded as off-limits to foreign vendors. The Montreal-based company submitted a…
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Cameco sees big opportunities in Washington’s $17.5-billion loan package for new U.S. reactors
Saskatchewan uranium miner Cameco Corp. CCO-T -1.97%decrease is cheering the U.S. Department of Energy’s announcement of a conditional US$17.5-billion loan package to speed up new reactor builds. The department’s Office of Energy Dominance Financing says the loans are…
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Ottawa names first three major projects that could be fast-tracked in national interest
Ottawa is naming three projects for potential listing under the new Building Canada Act by the fall, when they would be declared as being in the national interestto accelerate their construction timelines. The projects…
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June 23/26: S&P 500 falls on global chip rout with Nasdaq off more than 1%, led by Micron: Live updates
The S&P 500 was lower on Tuesday as a tech sell-off that began during the prior session picked up steam overnight, with global markets in Asia routed as memory chip-related shares tumbled. The broad market index fell…