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Scotiabank reports $2.3B first-quarter profit, tops expectations by analysts

Scotiabank reports $2.3B first-quarter profit, tops expectations by analysts

TORONTO — Bank of Nova Scotia is optimistic its international ventures are headed for success after a recent overhaul saw it slash and simplify its overseas operations.
BMO Financial Group reports $1.59B first-quarter profit, tops expectations

BMO Financial Group reports $1.59B first-quarter profit, tops expectations

TORONTO — BMO Financial Group beat expectations and reported a first-quarter profit of $1.59 billion as the bank worked to expand its footprint south of the border. The Toronto-based bank said its profit for the quarter ended Jan. 31 was up from $1.

Mondelez buys majority stake in Canadian maker of two-bite brownies Give & Go

TORONTO — Mondelez International says it has signed a deal to buy a significant majority interest in Toronto-based Give & Go Prepared Foods Corp., maker of baked goods such as two-bite brownies.

Drugmaker Mallinckrodt reaches $1.6B opioid settlement

The generic drugmaker Mallinckrodt has a tentative $1.6 billion deal to settle lawsuits over its role in the U.S. opioid crisis, it announced Tuesday.
Thomson Reuters names Steve Hasker new CEO, tops Q4 expectations, raises dividend

Thomson Reuters names Steve Hasker new CEO, tops Q4 expectations, raises dividend

TORONTO — Thomson Reuters says Steve Hasker has been appointed as the company's next president and chief executive. He will replace Jim Smith, who will become chairman of the Thomson Reuters Foundation.
World shares mostly lower after Dow drops more than 1,000

World shares mostly lower after Dow drops more than 1,000

Shares opened lower in Europe on Tuesday after a mixed session in Asia, where Tokyo's Nikkei 225 index skidded more than 3% as Prime Minister Shinzo Abe urged fresh efforts to contain the outbreak of a new virus that has spread from China to nearly t
Nova Scotia Liberals expected to table fifth consecutive balanced budget

Nova Scotia Liberals expected to table fifth consecutive balanced budget

HALIFAX — Nova Scotia's Liberal government is expected to table its fifth consecutive balanced budget today, and opposition leaders believe it could point towards an early election call this year.
Teck CEO says Frontier withdrawal result of tensions over climate, reconciliation

Teck CEO says Frontier withdrawal result of tensions over climate, reconciliation

Tensions over Indigenous rights, climate change and resource development that have escalated recently with the rail blockades helped push Teck Resources Ltd. to shelve its massive oilsands project, company CEO Don Lindsay said Monday.
Costs, delays scuttle 124-mile Constitution Pipeline project

Costs, delays scuttle 124-mile Constitution Pipeline project

ALBANY, N.Y.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange ( 17,562.74, down 280.79 points.) Acerus Pharmaceuticals Corp. (TSX:ASP). Health care. Up one cent, or 20 per cent, to six cents on 14.