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Canada heading into 'mild recession' as tight monetary policy squeezes growth: Report

Canada heading into 'mild recession' as tight monetary policy squeezes growth: Report

OTTAWA — New research says Canada is heading into a mild recession as elevated borrowing costs, a downturn in the U.S. and persistent inflation dial up the country's economic uncertainty.
Shoppers Drug Mart moves away from medical cannabis, will send patients to Avicanna

Shoppers Drug Mart moves away from medical cannabis, will send patients to Avicanna

TORONTO — Shoppers Drug Mart Inc. is moving away from its medical cannabis distribution business and preparing to transfer patients to a platform run by biopharmaceutical company Avicanna Inc. The pharmacy chain owned by Loblaw Companies Ltd.
Greek prime minister calls general election for May 21

Greek prime minister calls general election for May 21

ATHENS, Greece (AP) — Greece’s center-right Prime Minister Kyriakos Mitsotakis on Tuesday called a general election on May 21, in the aftermath of a train disaster that has reduced his party’s long-standing majority in opinion polls. The Feb.
Bring title insurers under anti-money laundering rules, former executive says

Bring title insurers under anti-money laundering rules, former executive says

Title insurers need to be brought under anti-money laundering rules to fight against scam artists who impersonate homeowners to sell or mortgage their properties, a former insurance executive says.
Walmart Canada CEO says retailer not trying to profit from inflation

Walmart Canada CEO says retailer not trying to profit from inflation

OTTAWA — Walmart Canada is not trying to profit from food inflation, president and CEOGonzalo Gebara told a parliamentary committee studying the issue Monday evening.
Saskatchewan looks to boost critical minerals industry

Saskatchewan looks to boost critical minerals industry

REGINA — The Saskatchewan government is hoping to bolster critical mineral exploration after announcing a strategy Monday that aims to attract investment and double production by 2030.
Grocery money, clean tech tax breaks expected in federal budget Tuesday

Grocery money, clean tech tax breaks expected in federal budget Tuesday

OTTAWA — A second top-up to GST rebate cheques for low-income Canadians and "significant" new tax measures to keep Canada in the green technology game will be among the highlights in Finance Minister Chrystia Freeland's federal budget on Tuesday.
Japan to resume imports of Canadian processed beef, 20 years after mad cow disease

Japan to resume imports of Canadian processed beef, 20 years after mad cow disease

OTTAWA — Japan is lifting the last of its restrictions against Canadian beef, 20 years after BSE, often called mad cow disease, devastated this country's cattle industry.
Canadian branch not included in sale of Silicon Valley Bank to First Citizens

Canadian branch not included in sale of Silicon Valley Bank to First Citizens

TORONTO — A regulatory filing shows the Canadian branch of Silicon Valley Bank is not part in First Citizens' purchase of most of the failed U.S. bank. The U.S.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,624.74, up 123.25): TC Energy Corp. (TSX:TRP). Energy. Up 44 cents, or 0.85 per cent, to $52.44 on 19.1 million shares.