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National Business
Canadians targeted 'more aggressively' by fraud calls than Americans, study suggests
TORONTO — A new study suggests there's been an uptick in phone scams in Canada, such as those involving federal agency impersonation or air duct cleaning.
May 2, 2023 4:00 AM
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Biden to meet with congressional leaders at WH May 9
WASHINGTON (AP) — President Joe Biden phoned all four Congressional leaders on Monday afternoon and invited them to a May 9 meeting at the White House — a sign of the rising pressure to raise the debt cap as the Treasury Department is warning of a de
May 1, 2023 6:03 PM
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MEG Energy earns $81M; down 77 per cent from first quarter 2022 as oil prices fall
CALGARY — MEG Energy Corp. says it earned $81 million in the first quarter of 2023, a 77 per cent decrease from the $362 million it earned in the same quarter the previous year.
May 1, 2023 5:56 PM
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Competition Bureau seeks input on RBC's proposed takeover of HSBC Bank Canada
OTTAWA — The Competition Bureau has put out a call for information to help it review Royal Bank of Canada's proposed takeover of HSBC Bank Canada.
May 1, 2023 5:22 PM
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Project progress under Impact Assessment Act remains slow: Report
CALGARY — The approvals process for major projects in Canada continues to be slow and cumbersome under revamped environmental assessment legislation, according to a new report.
May 1, 2023 5:05 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,615.10, down 21.44 points): Manulife Financial Corporation. (TSX:MFC). Finance. Up eight cents, or 0.3 per cent, to $26.83 on 11.
May 1, 2023 5:02 PM
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S&P/TSX composite dips on Monday, U.S. stock markets also slip
TORONTO — Weakness in energy stocks drove Canada's main stock index to dip on Monday, while U.S. stock markets also fell to start the trading week. Stephen Duench, vice-president and portfolio manager for AGF Investments Inc.
May 1, 2023 4:46 PM
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Yellen says US could hit debt ceiling as soon as June 1
WASHINGTON (AP) — Treasury Secretary Janet Yellen notified Congress on Monday that the U.S. is projected to reach its debt limit as early as June 1, if the body does not raise or suspend the debt limit before then.
May 1, 2023 4:38 PM
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First Republic Bank seized, sold in fire sale to JPMorgan
NEW YORK (AP) — Regulators seized troubled First Republic Bank early Monday, making it the second-largest bank failure in U.S.
May 1, 2023 4:24 PM
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FDIC recommends raising insured deposit limit for businesses
NEW YORK (AP) — U.S. businesses might be able to secure bank deposit insurance for accounts holding more than $250,000 if Congress agrees with the Federal Deposit Insurance Corp.
May 1, 2023 4:07 PM
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