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QuadrigaCX's inadvertent transfer due to 'platform setting error': monitor

QuadrigaCX's inadvertent transfer due to 'platform setting error': monitor

HALIFAX — The court-appointed monitor overseeing the search for the roughly $260 million owed to clients of the embattled QuadrigaCX cryptocurrency exchange says the bitcoin transfer it "inadvertently" made this month was due to a "platform setting e
North American stock markets close lower along with loonie and key commodities

North American stock markets close lower along with loonie and key commodities

TORONTO — Canada's main stock index closed lower along with U.S. markets as key commodities fell, while the loonie slipped lower as the Bank of Canada governor gave mixed commentary on the economy.
Upward path for interest rates 'highly uncertain': Bank of Canada governor

Upward path for interest rates 'highly uncertain': Bank of Canada governor

OTTAWA — The country's road to higher interest rates is "highly uncertain" as the Bank of Canada monitors evolving unknowns related to indebted Canadians, stricter mortgage rules, business investment and global trade, governor Stephen Poloz said Thur
International sales boost Gildan profits, as company looks to e-commerce in 2019

International sales boost Gildan profits, as company looks to e-commerce in 2019

MONTREAL — Strong sales abroad helped propel a leap in Gildan Activewear Inc.'s fourth-quarter profit last year as the company looked to e-commerce for bigger gains in 2019.
Spain: Pro-secession protesters block roads in Catalonia

Spain: Pro-secession protesters block roads in Catalonia

BARCELONA, Spain — Protesters backing Catalonia's secession from Spain clashed with police and blocked roads across the northeastern region Thursday during a student and worker strike over the trial of a dozen separatist leaders.
Trican Well Service cuts 160 jobs during sharp slowdown in Q4 oilpatch activity

Trican Well Service cuts 160 jobs during sharp slowdown in Q4 oilpatch activity

CALGARY — A 40 per cent decline in revenue in the fourth quarter due to a steep downturn in drilling activity in Western Canada resulted in 160 lost jobs at Calgary-based Trican Well Service Ltd. The well completion company posted $5.

Ontario orders Hydro One to cap CEO pay at $1.5 million

TORONTO — Ontario issued a directive Thursday to Hydro One, ordering it to pay its CEO no more than $1.5 million per year — substantially less than the partially privatized utility had proposed.
GM Canada takes Unifor to labour board over allegations of unlawful striking

GM Canada takes Unifor to labour board over allegations of unlawful striking

OSHAWA, Ont. — General Motors Canada and Unifor are squaring off before the Ontario Labour Relations Board about whether union workers have engaged in illegal strikes as part of a campaign to stop the closure of GM's assembly plant in Oshawa, Ont.
Grocer Loblaw reports sluggish food sales, touts e-commerce progress

Grocer Loblaw reports sluggish food sales, touts e-commerce progress

Canada's largest grocer reported sluggish same-store sales in its food business during its latest quarter, but touted growth in its online offerings after the company spent the past year prioritizing its digital business. Loblaw Companies Ltd.
Fendi honours Lagerfeld and fashion's 'longest love story'

Fendi honours Lagerfeld and fashion's 'longest love story'

MILAN — Fendi paid understated tribute Thursday to Karl Lagerfeld, who died this week and was the Rome-based fashion house's creative director for 54 years.