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Oil could be headed back to US$100 a barrel this year: Industry experts
TORONTO — A surprise production cut by the Organization of Petroleum Exporting Countries and its allies (OPEC plus) is just one factor lifting the spirits of Canada's energy sector executives these days, as experts say crude prices could return to US$100 a barrel later this year.
Apr 4, 2023 4:23 PM
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Scotiabank, CIBC emphasize financial stability at shareholder meetings
TORONTO — The heads of CIBC and Scotiabank kicked off this year's round of shareholder meetings Tuesday by emphasizing their sound financial footing in the wake of several high-profile bank failures while also acknowledging they have more work to do.
Apr 4, 2023 3:49 PM
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Canada Jetlines pauses domestic routes, plans to resume in the fall
MONTREAL — Canada Jetlines has pressed pause on its domestic routes as the upstart airline refocuses on sun destinations and leasing its planes, but says it plans to resume in-country flights come fall.
Apr 4, 2023 3:48 PM
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Court throws out gas pipeline's West Virginia water permit
CHARLESTON, W.Va.
Apr 4, 2023 1:41 PM
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Credit Suisse investors slam failures as chairman apologizes
ZURICH (AP) — Credit Suisse shareholders on Tuesday upbraided the Swiss bank's leaders for years of mismanagement, scandal and obfuscation that sent its stock price into the gutter, while executives apologized and insisted that the only way forward f
Apr 4, 2023 12:55 PM
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Auto sales rise 3.7 per cent in March from a year earlier
TORONTO — DesRosiers Automotive Consultants Inc. says auto sales rose 3.7 per cent in March from a year earlier for a fifth month in a row of gains.
Apr 4, 2023 12:19 PM
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Feb job openings slip to 9.9M; a win in inflation fight?
WASHINGTON (AP) — U.S. job openings slipped to 9.9 million in February, fewest since May 2021 and a sign that the job market may be starting to cool, which would be welcome news for the inflation fighters at the Federal Reserve.
Apr 4, 2023 10:42 AM
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Bank of Canada deputy governor Paul Beaudry to leave post, return to academia at UBC
OTTAWA — The Bank of Canada says deputy governor Paul Beaudry will be leaving his position at the central bank at the end of July. According to a news release, Beaudry will return to his academic position at the University of British Columbia.
Apr 4, 2023 10:27 AM
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Vancouver's March home sales down 42.5% from a year ago: B.C. board
VANCOUVER — The Real Estate Board of Greater Vancouver says home sales fell 42.5 per cent in March from a year ago and were 28.4 per cent below the 10-year seasonal average.
Apr 4, 2023 10:21 AM
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Lacking financial literacy, young people are taking it into their own hands
In 2020, Jonathan Atwin and his partner jumped on the personal finance wagon, teaching themselves all about money and how to manage it better. “At the time, we were carrying some debt, so we wanted to try to tackle that,” said Atwin.
Apr 4, 2023 10:04 AM
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