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National Business
National Business
CI Financial buying U.S. wealth management firm McCutchen Group
TORONTO — CI Financial Corp. has signed a deal to buy U.S. wealth management firm McCutchen Group LLC. Financial terms of the agreement were not immediately available. Seattle-based McCutchen Group has US$3.4 billion in assets under management.
Oct 21, 2021 8:50 AM
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Canadians plan to spend more this holiday and return to stores, says survey
TORONTO — A Retail Council of Canada survey says Canadians are planning to spend more this holiday season as they prepare to return to stores in greater numbers a year after the COVID-19 pandemic prompted many to shop online.
Oct 21, 2021 8:00 AM
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India hits 1B vaccine doses, worries about gap between shots
NEW DELHI (AP) — India has administered 1 billion doses of COVID-19 vaccine, officials said Thursday, passing a milestone for the South Asian country where the delta variant fueled its first crushing surge earlier this year.
Oct 21, 2021 4:00 AM
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Proposed southern Alberta coal mine could become renewable energy complex instead
CALGARY — One of the Australian companies that had proposed bringing coal mining back to the eastern slopes of Alberta's Rocky Mountains now says it may build a green hydrogen facility on the site instead. Montem Resources Ltd.
Oct 20, 2021 5:50 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,188.19, up 101.20 points.) The Royal Bank of Canada. (TSX:RY). Financials. Up 58 cents, or 0.44 per cent, to $132.14 on 12.
Oct 20, 2021 5:06 PM
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Small businesses warn of layoffs, closures if pandemic aid isn't extended
OTTAWA — Business groups in Canada are warning that ending federal pandemic-relief programs too soon could send shock waves through the economy.
Oct 20, 2021 5:05 PM
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Strength of CNR shares helps power S&P/TSX composite further into record territory
TORONTO — Canada's main stock index moved further into record territory as shares of country's railways climbed and offset the impact of inflation rising in September at its fastest pace in 18 years. Canadian National Railway Co.
Oct 20, 2021 4:56 PM
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Crave stocks up on Bollywood movies as it expands on international fare
TORONTO — Crave is digging into the vaults of Bollywood cinema as it looks to stock its digital library with more international fare.
Oct 20, 2021 4:35 PM
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Fed survey finds economy facing supply chain, other drags
WASHINGTON (AP) — The Federal Reserve reports that the economy faced a number of headwinds at the start of this month, ranging from supply chain disruptions and labor shortages to uncertainty about the delta variant of COVID.
Oct 20, 2021 2:31 PM
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Russians to stay off work for a week as virus deaths rise
MOSCOW (AP) — President Vladimir Putin on Wednesday ordered most Russians to stay off work for a week starting later this month amid rising COVID-19 infections and deaths, and he strongly urged reluctant citizens to get vaccinated.
Oct 20, 2021 2:15 PM
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