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S&P/TSX composite rebounds from early losses on signs of strong economic recovery
TORONTO — Canada's main stock index reversed early losses to close higher Friday on signs of a quicker economic recovery that sent crude oil prices to a near two-year high. The S&P/TSX composite index closed up 255.24 points to 18,380.
Mar 5, 2021 3:17 PM
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B.C. tax changes affecting sugary drinks, vaping products coming into effect April 1
VICTORIA — Tax changes targeting sugary drinks and e-commerce services based outside of B.C. will come into effect on April 1 after being delayed by the COVID-19 pandemic. The B.C.
Mar 5, 2021 2:46 PM
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'It's time to move on': Martinrea executives call for end to travel restrictions
TORONTO — Frustrations stemming from COVID-19 travel restrictions boiled over during a conference call Thursday when top executives at auto parts manufacturer Martinrea derided the health measures, saying it's "time to move on" and recognize the "goo
Mar 5, 2021 1:13 PM
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EU, US agree to suspend tariffs over Airbus-Boeing dispute
BRUSSELS — In a sign of goodwill to rebuild trans-Atlantic relations, the European Union and the United States have decided to suspend tariffs used in the longstanding Airbus-Boeing dispute, the EU Commission president said Friday.
Mar 5, 2021 10:33 AM
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Costco 4Q profits rise, helped by pandemic shopping habits
ISSAQUAH, Wash. — Warehouse retail chain Costco Wholesale said its fourth-quarter profits rose slightly from a year ago, its profits weighed by wage premiums paid to employees during the pandemic.
Mar 5, 2021 10:16 AM
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German factory orders rise strongly in January
BERLIN — German factory orders rose more strongly than expected in January, a promising sign of strength in Europe's largest economy, official figures showed Friday. The Federal Statistical Office reported that industrial orders rose 1.
Mar 5, 2021 10:16 AM
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Ensign Energy reports lower Q4 drilling activity, revenue as slow recovery continues
CALGARY — Drilling company Ensign Energy Services Inc. says oilpatch activity in its Canadian and U.S. operations is staging a slow recovery from a deep slump in 2020. The Calgary-based company says it earned net income of $3.
Mar 5, 2021 9:02 AM
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Canada posts $1.4B trade surplus for January, first surplus since May 2019
OTTAWA — January saw Canada post its first trade surplus since May 2019 as exports surged higher to start the year. Statistics Canada said Friday that the surplus of $1.
Mar 5, 2021 8:39 AM
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US trade deficit up 1.9% in January on record goods imports
SILVER SPRING, Md. — The level of imported goods to the U.S. in January reached unprecedented levels and pushed the trade deficit 1.9% higher as the coronavirus pandemic continues to distort global commerce.
Mar 5, 2021 8:16 AM
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HBC sells stake in Saks online business for US$500M, makes it a separate company
TORONTO — HBC has signed a deal to sell a minority stake in Saks Fifth Avenue's e-commerce business and turn it into a separate company, a move that will "redefine the luxury shopping ecosystem," the company said Friday.
Mar 5, 2021 8:14 AM
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