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National Business
National Business
Report urges windfall tax to recover CEWS funds from large corporations
OTTAWA — A new report by the non-profit organization Canadians for Tax Fairness says Canada should institute a windfall tax on all large corporations to help recover some of the public funds awarded to businesses during the pandemic.
Feb 9, 2023 2:00 AM
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Carbon capture too expensive, takes too long to build: Report
CALGARY — By betting it can solve its emissions problem with carbon capture and storage, Canada's oil and gas industry risks saddling itself with expensive stranded assets, a new report argues.
Feb 9, 2023 1:00 AM
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MH17 inquiry: 'Strong indications' Putin OK'd missile supply
THE HAGUE, Netherlands (AP) — An international team of investigators said Wednesday it found “strong indications” that Russian President Vladimir Putin approved the supply of heavy anti-aircraft weapons to Ukrainian separatists who shot down Malaysia
Feb 8, 2023 7:42 PM
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Indigo says it is dealing with a 'cybersecurity incident' affecting online service
TORONTO — Indigo Books & Music Inc. says it is dealing with what it calls a "cybersecurity incident" that has affected online customer orders.
Feb 8, 2023 7:13 PM
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Residents can return after air deemed safe from derailment
EAST PALESTINE, Ohio (AP) — Evacuated residents can return to the Ohio village where crews burned toxic chemicals after a train derailed five days ago near the Pennsylvania state line now that monitors show no dangerous levels in the air, authorities
Feb 8, 2023 3:52 PM
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Freshii shareholders approve acquisition by Montreal-based Foodtastic
TORONTO — Freshii Inc. says its shareholders have approved the sale of the healthy fast-food chain to Montreal-based Foodtastic Inc.
Feb 8, 2023 3:12 PM
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Sun Life Financial reports net income of $951 million for Q4 2022
TORONTO — Sun Life Financial Inc. says its net income in the fourth quarter of 2022 was $951 million, down 12 per cent from a year earlier. Earnings per share were $1.62, down from $1.83 in the fourth quarter of 2021.
Feb 8, 2023 3:02 PM
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Canadian clothing companies lack awareness of child labour risks: Report
OTTAWA — The Canadian Ombudsperson for Responsible Enterprise says Canadian clothing companies have limited awareness about whether child labour could be being used in their global supply chains.
Feb 8, 2023 2:59 PM
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Zelenskyy seeks weaponry in surprise trips to London, Paris
PARIS (AP) — Ukrainian President Volodymyr Zelenskyy sought Western support for his country in surprise visits to Britain and France on Wednesday, pushing for fighter jets to battle Russian invaders in a dramatic speech to the U.K.
Feb 8, 2023 2:50 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 (20,679.54, down 45.46): Enbridge Inc. (TSX:ENB). Energy. Down $1.47, or 2.69 per cent, to $53.16 on 13.7 million shares.
Feb 8, 2023 2:09 PM
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