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CGI reports $341.2-million Q2 profit, up from $314.8 million a year ago

CGI reports $341.2-million Q2 profit, up from $314.8 million a year ago

MONTREAL — Information technology firm CGI Inc. reported an increase in its second-quarter profit from a year ago, saying the rise was on the back of a steady growth in bookings as clients strengthened digitization efforts during the pandemic.
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Fed keeps key rate near zero, sees inflation as 'transitory'

Fed keeps key rate near zero, sees inflation as 'transitory'

WASHINGTON — The U.S. economy is quickly strengthening, inflation is showing signs of picking up and the nation is making progress toward defeating the viral pandemic.
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Vermilion Energy's Q1 production and net earnings rise with oil and gas prices

Vermilion Energy's Q1 production and net earnings rise with oil and gas prices

CALGARY — Vermilion Energy Inc. says it beat its own guidance for production in the first quarter as net income jumped to $500 million from a net loss of $1.3 billion in the same period of 2020.
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Shopify surges to push TSX within hair of record high, loonie at three-year high

Shopify surges to push TSX within hair of record high, loonie at three-year high

TORONTO — Canada's main stock index set a record high midweek on renewed optimism for a rapid economic recovery that pushed the loonie to its strongest level in more than three years.
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Shopify says shift toward e-commerce is permanent as Q1 net income soars to US$1.26B

Shopify says shift toward e-commerce is permanent as Q1 net income soars to US$1.26B

Shopify Inc. executives believe the shift toward online sales triggered by the COVID-19 pandemic is here to stay.
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‘It felt like they were forcing me to quit’: HBC worker files wrongful dismissal suit

‘It felt like they were forcing me to quit’: HBC worker files wrongful dismissal suit

On a spring day 21 years ago, Yvette Mitchell walked into Hudson’s Bay Co.'s flagship department store in downtown Toronto with a resume. She loved fashion and wanted to work on the third floor — the epicentre of women's designer clothing in Canada.
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Brookfield Infrastructure says takeover target Inter Pipeline denying data access

Brookfield Infrastructure says takeover target Inter Pipeline denying data access

CALGARY — In the latest shot fired in the battle for Inter Pipeline Ltd., Brookfield Infrastructure Partners LP charges it hasn't been granted access to its target's data room despite its takeover offer made Feb.
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Some restaurants voluntarily close during third wave to protect employees from COVID

Some restaurants voluntarily close during third wave to protect employees from COVID

The third wave of the pandemic has pushed some restaurants into taking an intentional break ahead of patio season while provinces remain under tight COVID-19 restrictions to keep the virus spread under control.
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Teck Resources reports $305M Q1 profit, brighter outlook on 10-year high copper price

Teck Resources reports $305M Q1 profit, brighter outlook on 10-year high copper price

VANCOUVER — Copper prices that have surged to 10-year highs in recent days are driving potential partners to eagerly line up to help Teck Resources Ltd. fund its portfolio of eight proposed copper mining projects, CEO Don Lindsay said Wednesday.
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Boeing posts 1Q loss, takes a hit on Air Force One work

Boeing posts 1Q loss, takes a hit on Air Force One work

Boeing Co. reported a wider than expected first-quarter loss on Wednesday and took another charge on its program to build two new Air Force One presidential planes after firing a contractor it hired to help perform the work.
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