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S&P/TSX composite breaks more records as investor optimism grows

S&P/TSX composite breaks more records as investor optimism grows

Canada's main stock index achieved another record high close Friday, after also hitting an all-time intraday record thanks to growing investor optimism about future interest rate cuts. The S&P/TSX composite index closed up 129.
Ontario mining law 'outdated, unconstitutional and offensive': First Nation chief

Ontario mining law 'outdated, unconstitutional and offensive': First Nation chief

TORONTO — Ontario's mining law and its system for registering mining claims have allowed thousands of claims to be staked on a northwestern First Nation without consultation or consent, the community alleges in a constitutional challenge announced Fr
AI is the tech sector's 'biggest catalyst' for innovation: famed investor Cathie Wood

AI is the tech sector's 'biggest catalyst' for innovation: famed investor Cathie Wood

TORONTO — When Cathie Wood scans the global technology sector, one innovation stands out, even as its proliferation creates new opportunities. Artificial intelligence, the U.S.
Stock market today: Wall Street rolls to another winning week

Stock market today: Wall Street rolls to another winning week

NEW YORK (AP) — U.S. stocks ended higher after some mixed signals on big banks’ profits and inflation did little to dent Wall Street’s belief that easier interest rates are on the way. The S&P 500 rose 0.
Cogeco mum on Canadian wireless launch after introducing mobile service in U.S.

Cogeco mum on Canadian wireless launch after introducing mobile service in U.S.

Cogeco Inc. says it's eyeing the launch of mobile service in Canada after beginning to offer wireless coverage to customers in the U.S. last quarter under its Breezeline Mobile brand.
WestJet and mechanics' union ratify contract in aftermath of strike

WestJet and mechanics' union ratify contract in aftermath of strike

CALGARY — A collective agreement between WestJet and its mechanics has been ratified, just weeks after a two-day strike forced large-scale flight cancellations and cost the airline millions of dollars.
Ongoing LCBO strike a strain on Ontario wedding venues during peak season

Ongoing LCBO strike a strain on Ontario wedding venues during peak season

Wedding venues in Ontario are hoping their alcohol stocks don't run dry as a strike by the province's liquor store workers enters its second week.
CREA cuts housing market forecast for 2024 despite June sales rising

CREA cuts housing market forecast for 2024 despite June sales rising

The Canadian Real Estate Association says it is scaling back its housing market forecast for the remainder of the year amid increased levels of supply and a quiet spring spurred by fewer interest rate cuts expected in 2024.
US wholesale inflation picked up in June in sign that some price pressures remain elevated

US wholesale inflation picked up in June in sign that some price pressures remain elevated

WASHINGTON (AP) — Wholesale prices in the United States rose by a larger-than-expected 2.6% last month from a year earlier, a sign that some inflation pressures remain high.
Payouts for the many over the few: employee ownership trusts take shape in Canada

Payouts for the many over the few: employee ownership trusts take shape in Canada

Three times a year, the 600-or-so employees of Friesens Corp. gather in front of the printing house to accept envelopes, each one holding a cheque for the workers' share of company profits. They all get a cut because they’re all owners.
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