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National Business
National Business
The year in markets: stocks and bonds both tumbled in 'perfect storm'
OTTAWA — Investors had few places to hide this year. As of closing Wednesday, Canada's main stock index has dropped 12 per cent from the all-time high it hit in the spring.
Dec 22, 2022 6:15 AM
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US economy grew 3.2% in Q3, an upgrade from earlier estimate
WASHINGTON (AP) — Shrugging off rampant inflation and rising interest rates, the U.S. economy grew at an unexpectedly strong 3.
Dec 22, 2022 6:10 AM
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Superior Plus buying Certarus in deal worth $1.05 billion including debt
TORONTO — Superior Plus Corp. has signed a deal to buy Certarus Ltd., a privately owned distributor of compressed natural gas, renewable natural gas and hydrogen, in a deal valued at $1.05 billion including debt.
Dec 22, 2022 5:51 AM
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Alimentation Couche-Tard buying U.S. company True Blue Car Wash
LAVAL, Que. — Alimentation Couche-Tard Inc. has signed a deal to buy all of the membership interests of U.S. company True Blue Car Wash LLC.
Dec 22, 2022 5:28 AM
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Associates of FTX founder plead guilty to criminal charges
NEW YORK (AP) — Two top associates of Sam Bankman-Fried have pleaded guilty to criminal charges in the collapse of the cryptocurrency exchange FTX in cooperation deals, a federal prosecutor announced Wednesday in a stunning development that came as t
Dec 21, 2022 7:35 PM
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B.C. pauses electricity connections for crypto mining, citing 'massive' consumption
VICTORIA — The British Columbia government is temporarily suspending requests for electricity connections from cryptocurrency mining operations, saying the decision is aimed at preserving the power supply while supporting climate action and economic
Dec 21, 2022 3:30 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,571.1, up 264.21): Suncor Energy Inc. (TSX:SU). Energy. Up $1.04, or 2.52 per cent, to $42.29 on 9.8 million shares.
Dec 21, 2022 2:01 PM
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S&P/TSX composite up 1.4 per cent, U.S. markets also rise
TORONTO — Canada's main stock index gained almost 1.4 per cent Wednesday on broad-based gains, while U.S. markets rose further. The S&P/TSX composite index was up 264.21 points at 19,571.1.
Dec 21, 2022 1:56 PM
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Nova Scotia Power bond rating downgraded by credit rating agency DBRS Morningstar
HALIFAX — A prominent credit rating agency has downgraded the bonds of Nova Scotia's electrical utility amid the company's conflicts with the provincial government.
Dec 21, 2022 1:37 PM
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Wall Street gains ground, turning higher for the week
NEW YORK — Stocks rose on Wall Street, lifting major indexes into the green for the week as investors welcomed a report showing consumer confidence is holding up better than expected.
Dec 21, 2022 1:15 PM
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