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EU approves Poland recovery fund, paving way to pay billions

EU approves Poland recovery fund, paving way to pay billions

BRUSSELS (AP) — The European Union’s executive branch on Wednesday approved Poland’s pandemic recovery fund, paving the way for the release of billions of euros in grants and loans, even as lawmakers expressed deep unease about democratic backsliding
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Study finds non-homeowners are pessimistic about buying homes despite cooling prices

Study finds non-homeowners are pessimistic about buying homes despite cooling prices

TORONTO — A new study conducted by Chartered Professional Accountants of Canada (CPA Canada) finds that Canadians who don't own homes think home ownership remains far out of reach despite prices cooling slightly across the country.
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The Bank of Canada hiked rates again. Here's a timeline of how we got here

The Bank of Canada hiked rates again. Here's a timeline of how we got here

The Bank of Canada raised its overnight rate by half a percentage point to 1.5 per cent Wednesday and signalled more increases to come, as it aims to curb out-of-control inflation, which is now at its highest level in 30 years.
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US job openings decline from record level but remain high

US job openings decline from record level but remain high

WASHINGTON (AP) — The white-hot demand for U.S. workers cooled a bit in April, though the number of unfilled jobs remains high and companies are still desperate to hire more people. Employers advertised 11.
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Restaurant sales surpassed pre-pandemic levels in March: Statistics Canada

Restaurant sales surpassed pre-pandemic levels in March: Statistics Canada

OTTAWA — Restaurant and bar sales in this country have surpassed their pre-COVID-19 levels for the first time since the pandemic began, according to Statistics Canada.
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Vermilion Energy Inc. completes purchase of Leucrotta Exploration

Vermilion Energy Inc. completes purchase of Leucrotta Exploration

CALGARY — Vermilion Energy Inc. says it has completed its acquisition of Leucrotta Exploration Inc. Calgary-based Vermilion said in March that it would acquire the junior energy company in a deal worth $477 million.
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CAE profit soars in Q4 as revenues increase 25% excluding ventilators last year

CAE profit soars in Q4 as revenues increase 25% excluding ventilators last year

MONTREAL — CAE Inc. says its net profit attributable to shareholders soared last quarter as revenues increased even excluding ventilators sold to the Canadian government last year for people suffering from COVID-19.
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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 Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,729.34, down 190.06 points.) Arc Resources Ltd. (TSX:ATX). Energy. Down 51 cents, or 2.6 per cent, to $19.05 on 54.7 million shares.
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S&P/TSX breaks seven-day winning streak to end volatile month slightly lower

S&P/TSX breaks seven-day winning streak to end volatile month slightly lower

TORONTO — Canada's main stock index snapped a seven-day winning streak to close a volatile month slightly lower a day before an expected Bank of Canada interest rate hike.
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Stocks slip on Wall Street as messy May comes to a close

Stocks slip on Wall Street as messy May comes to a close

NEW YORK (AP) — Stocks ended lower after another wobbly day on Wall Street Tuesday, closing out a rocky month. The S&P 500 fell 0.6%, having recouped about half of its loss from earlier.
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