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Retail sales fall 1.1 per cent in January to $52.5B: Statistics Canada

Retail sales fall 1.1 per cent in January to $52.5B: Statistics Canada

OTTAWA — Canadian retail sales fell for a second consecutive month in January as many non-essential retailers were forced to restrict in-person shopping due to the pandemic, but early indications point to a rebound in February as the restrictions eas
Indonesian Muslim body clears AstraZeneca use in emergency

Indonesian Muslim body clears AstraZeneca use in emergency

JAKARTA, Indonesia — AstraZeneca's vaccine against COVID-19 was cleared Friday for use in Indonesia after the drug regulator declared it safe and clerics in the world’s most populous Muslim nation said a pig-derived element was acceptable in a pandem
Oilsands producer Suncor invests in carbon capture technology firm Svante

Oilsands producer Suncor invests in carbon capture technology firm Svante

CALGARY — Suncor Energy Inc. says it is investing in carbon capture technology company Svante Inc. as it looks for ways to reduce or offset greenhouse gas emissions from its extensive oil and gas operations.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (18,836.47, down 146.63 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up one cent, or 1.35 per cent, to 75 cents on 14.
S&P/TSX composite falls from record highs on rising bond yields after Fed comments

S&P/TSX composite falls from record highs on rising bond yields after Fed comments

TORONTO — Canada's main stock index pulled back from record highs on weakness in the energy and technology sectors amid rising bond yields.
AppDirect to grow Montreal presence following investment from Quebec government

AppDirect to grow Montreal presence following investment from Quebec government

MONTREAL — The Quebec government says it is investing in cloud software company AppDirect as part of a deal the government says will create 730 jobs in Montreal. The province will provide AppDirect Canada with a loan of at most $54.
Canadian cannabis companies cheer SAFE Banking Act reintroduction in U.S. House

Canadian cannabis companies cheer SAFE Banking Act reintroduction in U.S. House

WASHINGTON — Canadian cannabis companies are cheering the reintroduction of the SAFE Banking Act to the U.S. House of Representatives today.
Biden plans to send COVID shots to Mexico, Canada

Biden plans to send COVID shots to Mexico, Canada

WASHINGTON — The U.S. is planning to send a combined 4 million doses of the AstraZeneca COVID-19 vaccine to Mexico and Canada in its first export of shots, the White House said Thursday.
Ottawa should review employment insurance, benefit triggers as economy recovers: IMF

Ottawa should review employment insurance, benefit triggers as economy recovers: IMF

TORONTO — Canada's economic response to the COVID-19 pandemic has earned praise from the International Monetary Fund, but the global lender also has recommendations for future government spending.
Business hydro subsidy to cost Ontario taxpayers $15.2 billion by 2040

Business hydro subsidy to cost Ontario taxpayers $15.2 billion by 2040

TORONTO — Subsidizing hydro rates for industrial and large commercial businesses will cost Ontario taxpayers an estimated $15.2 billion by 2040, the province's fiscal watchdog said Thursday.