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Nutrien sees 2022 earnings more than double despite softness in Q4

Nutrien sees 2022 earnings more than double despite softness in Q4

SASKATOON — Nutrien Ltd. says it earned $1.1 billion in the fourth quarter of 2022, down seven per cent from the same quarter a year earlier. Earnings per diluted share for the quarter ended Dec. 31 were $2.15, up from $2.11 a year earlier.
Retail sales jump as Americans defy inflation and rate hikes

Retail sales jump as Americans defy inflation and rate hikes

WASHINGTON (AP) — America's consumers rebounded last month from a weak holiday shopping season by boosting their spending at stores and restaurants at the fastest pace in nearly two years, underscoring the economy's resilience in the face of higher p
Manulife net income slips in Q4 but up for 2022 as a whole

Manulife net income slips in Q4 but up for 2022 as a whole

TORONTO — Manulife Financial Corp. says earnings slipped in the fourth quarter compared with a year earlier but rose for the full 2022 financial year. The insurance giant says net income attributable to shareholders came in at $1.
Most actively traded companies on the Toronto Stock Exchange

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 (20,720.39, up 15.60): Enbridge Inc. (TSX:ENB). Energy. Down 17 cents, or 0.32 per cent, to $52.89 on 19.7 million shares.
Stocks eke out gains after blowout data on retail sales

Stocks eke out gains after blowout data on retail sales

NEW YORK (AP) — Stocks closed slightly higher on Wall Street after a report showed U.S. shoppers opened their wallets at stores last month by much more than expected. The S&P 500 eked out a gain of 0.3% Wednesday after erasing an early loss.
Barclays, once major funder, commits to stop financing oilsands

Barclays, once major funder, commits to stop financing oilsands

Barclays PLC, once a major oilsands funder, says it will no longer provide financing to the industry.
Average rent in Canada up 10.7% since last year: report

Average rent in Canada up 10.7% since last year: report

TORONTO — A new report says the average listed rent for all property types in Canada jumped by 10.7 per cent year-over-year in January, the ninth straight month of double-digit increases. The report from Rentals.
Indigo risks reputational damage as outage drags on: experts

Indigo risks reputational damage as outage drags on: experts

TORONTO — The risks of reputational damage are growing for Indigo Books & Music Inc. as its website remains off-line more than a week after a cyberattack, experts say. The company first announced on Feb.
Feds restrict funding of research with foreign agencies deemed to pose security risk

Feds restrict funding of research with foreign agencies deemed to pose security risk

OTTAWA — The federal government is moving to tighten its policy on bankrolling research with foreign entities that might pose a risk to national security.
Experts react to January home sales, which dropped 37.1 per cent

Experts react to January home sales, which dropped 37.1 per cent

Canadian home sales were down 37.1 per cent in January compared with a year earlier, according to new figures from The Canadian Real Estate Association (CREA). It was the worst January for home sales since 2009.