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S&P/TSX composite posts gain Monday on energy strength, U.S. markets also rise

S&P/TSX composite posts gain Monday on energy strength, U.S. markets also rise

TORONTO — Canada's main stock index began the week by posting a gain of more than 130 points, fuelled by strength in energy stocks, while U.S. markets also rose. The S&P/TSX composite index was up 131.71 points at 19,519.43.
Safety steps Airbnb renters can take — and measures that operators must

Safety steps Airbnb renters can take — and measures that operators must

A deadly fire that swept through a building in Old Montreal on Thursday where several apartments were being used as Airbnb units is raising safety concerns about short-term rental properties.
Putin welcomes China’s Xi to Kremlin amid Ukraine fighting

Putin welcomes China’s Xi to Kremlin amid Ukraine fighting

MOSCOW (AP) — Russian President Vladimir Putin warmly welcomed Chinese leader Xi Jinping to the Kremlin on Monday, sending a powerful message to Western leaders that their efforts to isolate Moscow over the fighting in Ukraine have fallen short.
Finance Minister outlines budget priorities as pre-budget week kicks off

Finance Minister outlines budget priorities as pre-budget week kicks off

OSHAWA, Ont. — Finance Minister Chrystia Freeland outlined some of the key government spending priorities as she kicked a week of pre-budget events. Speaking to a group of electrician students at a union training centre in Oshawa, Ont.
Women make up one-third of S&P/TSX composite board positions for first time: ISS

Women make up one-third of S&P/TSX composite board positions for first time: ISS

TORONTO — ISS Corporate Solutions, Inc. says for the first time ever women hold one-third of the board director positions across companies listed on the S&P/TSX composite.
Canadian bank funding stable despite $57B market cap loss: report

Canadian bank funding stable despite $57B market cap loss: report

TORONTO — Credit rating agency DBRS Morningstar says funding levels at Canadian banks are stable despite about $57 billion in lost market capitalization for the Big Six banks over the past two weeks.
Credit Suisse-UBS deal offers hope, but bank doubts persist

Credit Suisse-UBS deal offers hope, but bank doubts persist

LONDON (AP) — Credit Suisse shares plunged Monday after Swiss authorities cut a deal with its bigger rival UBS to acquire the troubled bank at a marked-down price.
Wall Street strengthens after big bank deal, regulator moves

Wall Street strengthens after big bank deal, regulator moves

NEW YORK (AP) — Wall Street is rising Monday after regulators pushed together two huge banks over the weekend and made other moves to build confidence in the struggling industry. The S&P 500 was 0.
RBC fossil fuel expansion funding jumped 45% last year to US$10.8B: report

RBC fossil fuel expansion funding jumped 45% last year to US$10.8B: report

TORONTO — Data from an environmental group shows RBC's fossil fuel expansion-related funding jumped by almost half last year to its highest level since the Paris climate agreement was reached in 2015. Stand.earth says the bank's US$10.
Nordstrom Canada to begin liquidation Tuesday after receiving court's permission

Nordstrom Canada to begin liquidation Tuesday after receiving court's permission

TORONTO — The liquidation sales at Nordstrom stores across Canada will begin Tuesday.