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National Business
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Manitoba First Nations appear a step closer to gaining a casino in Winnipeg
WINNIPEG — Manitoba Premier Wab Kinew said Wednesday he is open to considering a First Nations-run casino in Winnipeg, reversing long-standing opposition to the idea under previous governments.
Dec 13, 2023 7:06 PM
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Grocery code launch being held back by dissent from some retailers: board report
After two years of work, the group responsible for developing the grocery code of conduct says its launch is being held back by a lack of support from two major grocers.
Dec 13, 2023 6:51 PM
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Enbridge to sell Alliance, Aux Sable stakes to Pembina Pipeline for $3.1 billion
CALGARY — Enbridge Inc. is selling its stakes in the Alliance pipeline and Aux Sable gas processing facility to Pembina Pipeline Corp. for $3.1 billion. The Alliance pipeline is a 3,848-kilometre pipeline stretching southeast from B.C.
Dec 13, 2023 6:12 PM
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Cineplex sees $35 million in box office revenues for month of November
TORONTO — Cineplex Inc. says November brought box office revenues of $35 million as Canadians came out to watch the likes of The Marvels and the latest Hunger Games movie.
Dec 13, 2023 6:07 PM
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Federal Reserve keeps key interest rate unchanged and foresees 3 rate cuts next year
WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year.
Dec 13, 2023 5:20 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,629.45, up 395.61 points): Canopy Growth Corp. (TSX:WEED). Health care. Down 19 cents, or 20.43 per cent, to 74 cents on 18.
Dec 13, 2023 5:17 PM
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Statistics Canada says household debt-to-income ratio lower in Q3, service costs up
TORONTO — The amount Canadians owe relative to their income edged lower in the third quarter, but the cost of servicing that debt relative to income climbed, Statistics Canada said on Wednesday.
Dec 13, 2023 5:10 PM
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At least one Canadian airline will be gone within two years, Porter CEO predicts
Porter Airlines CEO Michael Deluce says the travel market is too small to keep all of Canada's airlines afloat for two more years, even as several embark on swift expansion plans — Porter most of all.
Dec 13, 2023 5:01 PM
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Scotiabank increasing North American focus, could exit some foreign markets
TORONTO — Scotiabank will focus its growth efforts closer to home and could exit some foreign markets under a new strategic plan outlined by chief executive Scott Thomson on Wednesday.
Dec 13, 2023 4:52 PM
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TSX gains two per cent, led by energy, while U.S. markets also gain after rate hold
TORONTO — Strength in energy, utilities and base metals helped lead Canada's main stock index up almost two per cent on Wednesday, while U.S. markets also jumped after the U.S. Federal Reserve announced it is keeping its overnight rate unchanged.
Dec 13, 2023 4:50 PM
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