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Federal government posts $73.7B deficit for April-to-November period

Federal government posts $73.7B deficit for April-to-November period

OTTAWA — The federal government ran a budget deficit of $73.7 billion for the April to November period of the current fiscal year. The Finance Department says the result compared with a deficit of $232 billion in the same period a year earlier.
Canadian music investment firm buys publishing rights from Drake producer Murda Beatz

Canadian music investment firm buys publishing rights from Drake producer Murda Beatz

TORONTO — Drake and Migos producer Murda Beatz is selling off publishing rights to hundreds of his songs to an upstart Canadian music investment fund.
Teck says coal sales down from extreme weather, COVID-19 affecting operations

Teck says coal sales down from extreme weather, COVID-19 affecting operations

VANCOUVER — Teck Resources Ltd. said Friday that its coal sales fell below its guidance because of extreme weather in British Columbia and warned that COVID-19 was leading to higher costs and could disrupt production.
A key inflation gauge rose 5.8% in 2021, most in 39 years

A key inflation gauge rose 5.8% in 2021, most in 39 years

WASHINGTON (AP) — A measure of prices that is closely tracked by the Federal Reserve rose 5.
Kim Jones back on runway as Fendi channels celestial Rome

Kim Jones back on runway as Fendi channels celestial Rome

PARIS (AP) — The name Kim Jones dominated Paris fashion for a second week running as the indefatigable Briton who designs for Dior Men’s returned to the runway for his latest couture collection for Fendi.
Canadian Pacific Railway grain revenues take hit in aftermath of 2021 drought

Canadian Pacific Railway grain revenues take hit in aftermath of 2021 drought

CALGARY — Canadian Pacific Railway Ltd.'s grain-hauling revenues took a hit in the fourth quarter of 2021, even as the company increased corn shipments from south of the border to address a livestock feed shortage in Western Canada.
Sobeys Ontario warehouse workers negotiate big wage increases, says Unifor

Sobeys Ontario warehouse workers negotiate big wage increases, says Unifor

WHITBY, Ont. — The union representing Sobeys warehouse workers in Ontario says they have ratified a four-year contract with "massive wage increases.

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 (20,544.11, down 51.78 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 92 cents, or 2.6 per cent, to $36.28 on 11.8 million shares.

S&P/TSX composite slips in another volatile day of trading; U.S. markets mixed

TORONTO — North American stock markets continued to gyrate Thursday in the aftermath of central bank plans to start raising interest rates in the coming weeks. Markets received a morning boost after a report that the U.S.
Nova Scotia Power seeks 10 per cent rate hike and system to defer green energy costs

Nova Scotia Power seeks 10 per cent rate hike and system to defer green energy costs

HALIFAX — Nova Scotia's power utility is asking for an average general rate increase for residential customers of 9.9 per cent over three years, with possible additional costs due to severe weather and energy efficiency costs.