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Choice Properties buys interest in GTA land where Loblaw will open facility

Choice Properties buys interest in GTA land where Loblaw will open facility

TORONTO — Choice Properties Real Estate Investment Trust will acquire a 75 per cent ownership interest in 154 acres of industrial land in the Greater Toronto Area.
Crypto investing habits of Canadian women: Not risk averse, but thinking long term

Crypto investing habits of Canadian women: Not risk averse, but thinking long term

TORONTO — After the digital asset market plummeted in May, Toronto business owner and crypto investor Francine Gerstein said she felt a little uneasy while considering her next moves.
Dubai arrests British man over $1.7B Denmark tax fraud case

Dubai arrests British man over $1.7B Denmark tax fraud case

DUBAI, United Arab Emirates (AP) — Dubai police said Friday they arrested and planned to extradite a British man wanted in Denmark over a $1.7 billion tax fraud case.
Ford plans to add 6,200 jobs in Ohio, Michigan and Missouri

Ford plans to add 6,200 jobs in Ohio, Michigan and Missouri

AVON LAKE, Ohio (AP) — Ford will add 6,200 factory jobs in Michigan, Missouri and Ohio as it prepares to build more electric vehicles and roll out two redesigned combustion-engine models. The company says it will invest $3.
A&W opening first trial of Pret A Manger brand in Vancouver this summer

A&W opening first trial of Pret A Manger brand in Vancouver this summer

VANCOUVER — A&W plans to open the first trial of UK-based chain Pret A Manger this summer in Vancouver after signing an agreement granting the restaurant chain with master franchisor rights in Canada.
Indigo trims Q4 loss and squeaks out a $3.3-million profit for the full year

Indigo trims Q4 loss and squeaks out a $3.3-million profit for the full year

TORONTO — Indigo Books and Music Inc. trimmed its net loss to end its fiscal year that saw it swing to a small profit. The Toronto-based retailer says it lost $23.4 million in the fourth quarter, compared with a loss of $39.5 million a year earlier.
Lululemon stitches strong start to year with Q1 profit surging 31 per cent to US$185M

Lululemon stitches strong start to year with Q1 profit surging 31 per cent to US$185M

VANCOUVER — Lululemon Athletica's year got off to a strong start as net income surged about 31 per cent to US$190 million on a double-digit increase in revenues. The Vancouver-based athletic clothing company, which reports in U.S.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (21,031.81, up 318.09 points.) Athabasca Oil Corp. (TSX:ATH). Energy. Up 22 cents, or 8.2 per cent, to $2.89 on 16.2 million shares.
S&P/TSX composite recovers in broad rally on signs that rate hikes starting to work

S&P/TSX composite recovers in broad rally on signs that rate hikes starting to work

TORONTO — Technology and materials led a broad rally that drove Canada's main stock index higher as investors continued to digest the Bank of Canada's hawkish comments as they look for signs that higher interest rates are starting to slow the economy
Bank of Canada open to hiking interest rates past 3% in bid to bridle inflation

Bank of Canada open to hiking interest rates past 3% in bid to bridle inflation

OTTAWA — The Bank of Canada may need to raise its key interest rate to three per cent or beyond — more than double its current level — to ensure inflation doesn't settle in for the long haul, its deputy governor says.