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Bombardier bumps up financial goals for 2025 as business jet market takes off

Bombardier bumps up financial goals for 2025 as business jet market takes off

MONTREAL — Bombardier Inc. has upped its financial targets for 2025, as the plane maker looks to boost production of business jets amid a growing market. Bombardier, which keeps its books in U.S.
S&P/TSX composite down Thursday, U.S. markets post small gain despite morning rally

S&P/TSX composite down Thursday, U.S. markets post small gain despite morning rally

TORONTO — The S&P/TSX composite index was down about 70 points Thursday, while U.S. markets posted small gains, with markets rallying for most of the day before sputtering in the last trading hour.
Enbridge 'disappointed' as environmental review for Line 5 tunnel extended

Enbridge 'disappointed' as environmental review for Line 5 tunnel extended

CALGARY — Canadian pipeline giant Enbridge Inc. has been dealt another setback on its Line 5 replacement project in Michigan. The company said Thursday it was "disappointed" by news that the timeline of a U.S.
Wall Street swings as questions about banks, rates linger

Wall Street swings as questions about banks, rates linger

NEW YORK (AP) — Stocks closed mostly higher after a wobbly day of trading as worries continued to rise about the banking industry. The S&P 500 rose 0.3% Thursday after veering all the way from a 1.8% gain earlier in the day to a 0.4% loss.
Private markets getting more accessible to public as funds roll out credit options

Private markets getting more accessible to public as funds roll out credit options

TORONTO — Investing in private markets, once the exclusive domain of institutions and the ultra-rich, is getting increasingly accessible to the public.
Magnet Forensics shareholders vote in favour of Thoma Bravo deal

Magnet Forensics shareholders vote in favour of Thoma Bravo deal

Magnet Forensics Inc. shareholders have voted in favour ofU.S. private equity firm Thoma Bravo's $1.8-billion takeover of the cybersecurity company. The Waterloo, Ont.
Zellers opens a dozen stores in Canada amid wave of nostalgia and price sensitivity

Zellers opens a dozen stores in Canada amid wave of nostalgia and price sensitivity

Canadian retail chain Zellers marked its official comeback on Thursday, opening a dozen stores in Ontario and Alberta and launching a new website.
Biden's Canada agenda stacked: NORAD, migration deals likely

Biden's Canada agenda stacked: NORAD, migration deals likely

OTTAWA, Ontario (AP) — President Joe Biden arrives in Canada on Thursday with a focus on several of the world's largest challenges: the war in Ukraine, climate change, trade, mass migration and an increasingly assertive China.
Massachusetts train derails, no hazardous cargo reported

Massachusetts train derails, no hazardous cargo reported

AYER, Mass. (AP) — Some freight train cars derailed in Massachusetts on Thursday but no hazardous materials were being hauled, a local fire department said.
California may punish oil companies for high gas prices

California may punish oil companies for high gas prices

SACRAMENTO, Calif. (AP) — A first-in-the-nation bill to punish oil companies for profiting from price spikes at the pump breezed through the California Senate on Thursday at the urging of Democratic Gov.