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Execs from grocery giants push back against inflation profiteering claims

Execs from grocery giants push back against inflation profiteering claims

OTTAWA — Grocery executives are disputing an accusation that grocery giants are taking advantage of inflation to drive up their own profits.

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 (20,242.26, down 243.40 points): Suncor Energy Inc. (TSX:SU). Energy. Down 77 cents, or 1.8 per cent, to $42.23 on 24.2 million shares.
Canada 'watching closely' as Biden pressed to fix Inflation Reduction Act 'glitches'

Canada 'watching closely' as Biden pressed to fix Inflation Reduction Act 'glitches'

WASHINGTON — Prime Minister Justin Trudeau said Monday that Canada will be "watching closely" as the United States responds to complaints from Europe about the North American protectionism built into President Joe Biden's signature climate change ini
S&P/TSX composite ends down 1.2 per cent, U.S. stock markets also end lower

S&P/TSX composite ends down 1.2 per cent, U.S. stock markets also end lower

TORONTO — Falling energy prices and renewed fears around the rate hike path ahead helped push Canada's main stock index down almost 1.2 per cent Monday, while U.S. markets fell further.
Former CannTrust compliance worker says unlicensed growing 'very openly' discussed

Former CannTrust compliance worker says unlicensed growing 'very openly' discussed

TORONTO — A former director of quality and compliance at CannTrust Holdings Inc. says the growth of cannabis in unlicensed rooms was "very openly discussed" at the pot company. “There was no hiding this.
New this week: Will Smith, 'Pinocchio' and 'George & Tammy'

New this week: Will Smith, 'Pinocchio' and 'George & Tammy'

Here’s a collection curated by The Associated Press’ entertainment journalists of what’s arriving on TV, streaming services and music and video game platforms this week.
Stocks slide as strong data suggests Fed has more to do

Stocks slide as strong data suggests Fed has more to do

NEW YORK — Stocks closed lower on Wall Street and Treasury yields rose after surprisingly strong economic reports highlighted the Federal Reserve’s difficult fight against inflation. The S&P 500 fell 1.8% Monday.
Montreal home sales for November drop to levels not seen since 2014

Montreal home sales for November drop to levels not seen since 2014

MONTREAL — The Quebec Professional Association of Real Estate Brokers says November home sales in Montreal dropped to a level not seen since 2014 as rising interest rates lowered activity and drove up inventory.
Russian oil price cap, EU ban aim to limit Kremlin war chest

Russian oil price cap, EU ban aim to limit Kremlin war chest

FRANKFURT, Germany (AP) — Major Western measures to limit Russia's oil profits over the war in Ukraine took effect Monday, bringing with them uncertainty about how much crude could be lost to the world and whether they will unleash the hoped-for hit
B.C. property assessments higher, but market has changed: assessor

B.C. property assessments higher, but market has changed: assessor

VANCOUVER — British Columbia's property assessment agency is warning homeowners that figures released next month estimating the value of their home will likely be higher than the current market price.
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