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Bank of Canada slows pace of rate hikes but Macklem warns more to come

Bank of Canada slows pace of rate hikes but Macklem warns more to come

OTTAWA — The Bank of Canada signalled it is drawing closer to the end of what's been one of the fastest rate hike cycles in its history Wednesday as it raised its key interest rate by a half-percentage point — but made it clear that more rate hikes a
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RBC aims to reduce financed emissions by between 11 and 54 per cent by 2030

RBC aims to reduce financed emissions by between 11 and 54 per cent by 2030

TORONTO — Royal Bank of Canada outlined Wednesday its climate ambitions for key sectors this decade with targets for lower financed emissions that critics say fall far short of what's needed.
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Champagne's conditions on Rogers-Shaw deal generally positive, analysts say

Champagne's conditions on Rogers-Shaw deal generally positive, analysts say

Analysts say new conditions laid out by Industry Minister François-Philippe Champagne Tuesday indicate a willingness to get the proposed $26-billion deal between Rogers Communications Inc. and Shaw Communications Inc. across the finish line.
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Saudi oil giant Aramco unveils $1.5B sustainability fund

Saudi oil giant Aramco unveils $1.5B sustainability fund

Saudi oil and gas company Aramco unveiled a $1.5 billion fund on Wednesday for sustainable investments, part of efforts to burnish the state-owned company's green credentials in an announcement ahead of the U.N.
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Thai transgender activist buys Miss Universe for $20 million

Thai transgender activist buys Miss Universe for $20 million

BANGKOK (AP) — A Thai business tycoon and transgender activist has purchased the Miss Universe Organization for $20 million, her company announced Wednesday. Chakrapong “Anne” Chakrajutathib, who controls JKN Global Group Public Co. Ltd.
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Competition Bureau raises concerns about WestJet-Sunwing deal

Competition Bureau raises concerns about WestJet-Sunwing deal

OTTAWA — The federal Competition Bureau has raised significant concerns about WestJet Airlines Ltd.
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Renewing your mortgage as the Bank of Canada continues to hike interest rates

Renewing your mortgage as the Bank of Canada continues to hike interest rates

If your mortgage is up for renewalin the coming months, you may be beginning to panic at the prospect of paying more to finance your home as the Bank of Canada continues its interest rate hiking cycle.
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The Bank of Canada has raised rates again. Here's a timeline of how we got here

The Bank of Canada has raised rates again. Here's a timeline of how we got here

OTTAWA — The Bank of Canada hiked its key interest rate yet again on Wednesday morning, bringing it to 3.75 per cent and continuing one of the fastest monetary policy tightening cycles in its history amid warning signs of a potential recession.
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'Unvarnished' bio of Ray Dalio scheduled for next fall

'Unvarnished' bio of Ray Dalio scheduled for next fall

NEW YORK (AP) — An “unauthorized, unvarnished” biography of billionaire hedge-fund manager Ray Dalio will be published next fall, authored by a Wall Street Journal investigative reporter whom the Bridgewater Associates founder has called biased and d
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UK Treasury chief delays detailing new economic plans

UK Treasury chief delays detailing new economic plans

LONDON (AP) — U.K. Treasury chief Jeremy Hunt on Wednesday delayed his much-anticipated economic statement until Nov.
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