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RioCan earnings rise to $122.4 million in second quarter

RioCan earnings rise to $122.4 million in second quarter

TORONTO — RioCan Real Estate Investment Trust says its net income for the second quarter was $122.4 million, up from $112.0 million during the same quarter last year. RioCan says its revenues totalled $292.2 million, up from $276.
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Sleep Country earnings rise as direct-to-consumer brands help buffer softer spending

Sleep Country earnings rise as direct-to-consumer brands help buffer softer spending

TORONTO — Sleep Country Canada Holdings Inc. says it earned $15.8 million in its second quarter, up from $12.7 million a year earlier. The Toronto-based company says its revenues for the quarter were $232.5 million, up from $217.
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Fight brewing at CRTC over first Online News Act payment by Google

Fight brewing at CRTC over first Online News Act payment by Google

OTTAWA — A new fight is playing out at the Canadian Radio-television and Telecommunications Commission over the first $100-million annual payment Google agreed to pay Canadian news outlets.
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Court hears arguments in civil suit filed by Frank Stronach's granddaughter

Court hears arguments in civil suit filed by Frank Stronach's granddaughter

An Ontario Superior Court heard arguments on Thursday in a lawsuit filed by Frank Stronach's granddaughter, who is seeking an order compelling the family business to disclose any documents that might exist related to complaints of sexual misconduct a
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Linamar reports earnings rise to $174.1 million, CEO to become executive board chair

Linamar reports earnings rise to $174.1 million, CEO to become executive board chair

GUELPH, Ont. — Manufacturer Linamar Corp. says its earnings and revenue rose during the last quarter that longtime CEO Linda Hasenfratz will serve in the top role.
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CFLPA executive director Brian Ramsay to leave union by end of next month

CFLPA executive director Brian Ramsay to leave union by end of next month

TORONTO — Brian Ramsay is stepping down as executive director of the CFL Players' Association, the union announced Thursday. The CFLPA said Ramsay "is pursuing a new opportunity," and will leave the organization at the end of September.
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S&P/TSX composite up almost 350 points, U.S. stock markets also rally

S&P/TSX composite up almost 350 points, U.S. stock markets also rally

TORONTO — Canada's main stock index rose almost 350 points Thursday, powered by a broad-based rally on the Toronto market, while U.S. stocks also surged higher.
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Childhood abuse survivor agency sees surge in calls since Alice Munro revelation

Childhood abuse survivor agency sees surge in calls since Alice Munro revelation

TORONTO — A support agency for survivors of childhood sexual abuse says it's seen a surge in calls since Alice Munro's daughter went public a month ago with her story of abuse by her stepfather.
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Maple Leaf Foods reports $26.2M Q2 loss as company prepares to spin off pork business

Maple Leaf Foods reports $26.2M Q2 loss as company prepares to spin off pork business

Maple Leaf Foods Inc. reported a loss of $26.2 million in its latest quarter compared with a loss of $53.7 million a year earlier as it prepares to spin off its pork business. The Mississauga, Ont.
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Canadian Tire's Q2 profit up even as consumers 'tightened their belts considerably'

Canadian Tire's Q2 profit up even as consumers 'tightened their belts considerably'

TORONTO — The head of Canadian Tire Corp. Ltd. says indebted shoppers are cutting back on spending even more — and he doesn't see that trend turning around quickly.
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