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Honda recalls 130,000 vehicles in Canada: Fit, Accord, Civic, Insight and Acura ILX

Honda recalls 130,000 vehicles in Canada: Fit, Accord, Civic, Insight and Acura ILX

MARKHAM, Ont. — Honda says it will recall 130,000 vehicles in Canada, including certain Fit, Civic, Accord, Insight and Acura ILX models, after announcing a similar recall of 1.4 million vehicles in the U.S.

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 (17,567.42, up 60.94 points.) Air Canada (TSX:AC). Industrials. Down $2.65, or 10.06 per cent, to $23.69 on 15.6 million shares.
TSX edges higher as gain by Shopify offsets drag from energy sector

TSX edges higher as gain by Shopify offsets drag from energy sector

TORONTO — Canada's main stock index edged higher midweek as a big gain by the country's most valuable company offset weakness in the energy sector. Shares of Shopify Inc. surged 8.3 per cent after a U.S. analyst upgraded the tech darling.
Retail sales fell 1.1% in November, biggest drop in 7 months

Retail sales fell 1.1% in November, biggest drop in 7 months

NEW YORK — Americans held back on spending during the start of the holiday shopping season, a troubling sign for retailers and the state of the U.S. economy. U.S. retail sales fell a seasonally adjusted 1.1% in November, according to the U.S.
'Megascale' slaughterhouses, meat-packing plants put beef industry at risk: Report

'Megascale' slaughterhouses, meat-packing plants put beef industry at risk: Report

CALGARY — The consolidation of beef processing plants in Alberta has kept meat prices affordable in Canada but has also made the industry vulnerable to disease outbreaks, according to a new report.
Banking industry's tech shift has accelerated amid pandemic

Banking industry's tech shift has accelerated amid pandemic

TORONTO — When COVID-19 swept across Canada, the Bank of Nova Scotia had a secret weapon in its arsenal: artificial intelligence As companies sent their employees home to work and businesses temporarily closed, the bank used the technology to identif
Canadians asked to 'picture life without restaurants' as industry hits grim milestone

Canadians asked to 'picture life without restaurants' as industry hits grim milestone

A restaurant industry group is asking Canadians to imagine life without local restaurants after it says the country lost more than 10,000 eateries since the introduction of pandemic lockdowns.
Aphria and Tilray to merge, will use Tilray name and explore U.S. market

Aphria and Tilray to merge, will use Tilray name and explore U.S. market

In the latest sign of the cannabis industry's efforts to streamline its operations and take advantage of what they hope will be a promising U.S. market, two of Canada's most prominent pot companies said Wednesday that they plan to merge.
BBC to launch new subscription streaming service BBC Select in Canada next year

BBC to launch new subscription streaming service BBC Select in Canada next year

BBC Studios is throwing another streaming service on the growing pile of options for Canadians. The British broadcaster's commercial division says it will launch BBC Select early next year in both Canada and the United States.
Fed keeps rate near zero but sees brighter economy in 2021

Fed keeps rate near zero but sees brighter economy in 2021

WASHINGTON — The Federal Reserve said Wednesday that it will keep buying government bonds until the economy makes “substantial” progress — a step intended to reassure financial markets and keep long-term borrowing rates low indefinitely.