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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.
Amazon cuts 9,000 more jobs, bringing 2023 total to 27,000

Amazon cuts 9,000 more jobs, bringing 2023 total to 27,000

NEW YORK (AP) — Amazon plans to eliminate 9,000 more jobs in the next few weeks, CEO Andy Jassy said in a memo to staff on Monday.
New York Community Bank to buy failed Signature Bank

New York Community Bank to buy failed Signature Bank

NEW YORK (AP) — New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the Federal Deposit Insurance Corp. said late Sunday.
UBS to buy Credit Suisse for nearly $3.25B to calm turmoil

UBS to buy Credit Suisse for nearly $3.25B to calm turmoil

GENEVA (AP) — Banking giant UBS is buying troubled rival Credit Suisse for almost $3.25 billion, in a deal orchestrated by regulators in an effort to avoid further market-shaking turmoil in the global banking system.
Indigenous communities leading Canada's clean energy boom

Indigenous communities leading Canada's clean energy boom

CALGARY — On a wintry day last November, Daphne Kay looked up at an expanse of gleaming solar panels located on Cowessess First Nation reserve land just east of Reginaand cried.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week
Russia, Ukraine extend grain deal to aid world's poor

Russia, Ukraine extend grain deal to aid world's poor

KYIV, Ukraine (AP) — An unprecedented wartime deal that allowed grain to flow from Ukraine to countries in Africa, the Middle East and Asia where hunger is a growing threat and high food prices are pushing more people into poverty was extended just before its expiration date
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 Friday on the Toronto Stock Exchange: Toronto Stock Exchange (19,387.72, down 151.29): Wallbridge Mining Company Ltd. (TSX:WM). Materials.
CP Rail, Kansas City Southern Rail to combine next month after U.S. approval

CP Rail, Kansas City Southern Rail to combine next month after U.S. approval

MONTREAL — Canadian Pacific Railway Ltd. has announced it will officially combine with Kansas City Southern Railway Co. on April 14, under the new banner of Canadian Pacific Kansas City. The U.S.