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First Bitcoin ETF in North America debuts on TSX as cryptocurrency prices surge

First Bitcoin ETF in North America debuts on TSX as cryptocurrency prices surge

TORONTO — North America's first Bitcoin exchange-traded fund began trading on the Toronto Stock Exchange today.

Ontario loses 355,000 jobs in 2020, single largest decline on record: FAO

TORONTO — Ontario lost more than 355,000 jobs last year - the single largest annual decline on record - due to the COVID-19 pandemic, the province's fiscal watchdog said Thursday.
Barrick Gold proposes US$750 million one-time return of capital to shareholders

Barrick Gold proposes US$750 million one-time return of capital to shareholders

CALGARY — Buoyed by stronger gold and copper prices and flush with cash after realizing $1.5 billion in proceeds from the sale of non-core assets since 2019, Barrick Gold Corp.
Teck Resources takes Fort Hills charge, cites higher pandemic costs for Chile project

Teck Resources takes Fort Hills charge, cites higher pandemic costs for Chile project

VANCOUVER — Teck Resources Ltd. is again writing down part of its stake in the Fort Hills oilsands mine in northeastern Alberta operated by partner Suncor Energy Inc.
Fertilizer company Nutrien hikes dividend, plans share buybacks

Fertilizer company Nutrien hikes dividend, plans share buybacks

CALGARY — The CEO of Nutrien Ltd. says the fertilizer company will continue to grow organically as well as through acquisitions as it increases its dividend and launches a new share buyback program.
WestJet to suspend flights to four Canadian cities until June amid low travel demand

WestJet to suspend flights to four Canadian cities until June amid low travel demand

WestJet said Thursday that it will suspend service to four Canadian cities amid slumping demand due to COVID-19 restrictions. Starting March 19, the airline plans to suspend all flights to St. John's, London, Ont., Lloydminster, Alta.
Supreme Court turns down request by Canada Revenue Agency to hear Cameco tax case

Supreme Court turns down request by Canada Revenue Agency to hear Cameco tax case

OTTAWA — The Supreme Court of Canada has turned down a request by the Canada Revenue Agency which sought to have the top court hear an appeal regarding Cameco Corp. and its use of a subsidiary in Switzerland to sell and trade its uranium.
Cost controls, luxury sales help Daimler weather pandemic

Cost controls, luxury sales help Daimler weather pandemic

FRANKFURT — Car and truck maker Daimler increased its profits by 48% to 4.0 billion euros ($4.
Airbus lost $1.3 billion amid pandemic; expects better 2021

Airbus lost $1.3 billion amid pandemic; expects better 2021

PARIS — European plane maker Airbus lost 1.1 billion euros ($1.
Canadian Tire posts 'phenomenal' Q4 earnings, will close National Sports stores

Canadian Tire posts 'phenomenal' Q4 earnings, will close National Sports stores

Canadian Tire Corp. Ltd. says it's closing all National Sports stores to reduce overlap in the company's sporting goods assortment after an internal evaluation.
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