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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.
Mar 17, 2023 5:12 PM
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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.
Mar 17, 2023 5:10 PM
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Luc Bertrand to helm board of TMX Group, replacing Charles Winograd
TORONTO — TMX Group Ltd. says it intends to appoints Luc Bertrand as the new chair of the company's board starting May 2.
Mar 17, 2023 5:08 PM
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Markets slump Friday as investors grapple with banking fallout, rate uncertainty
TORONTO — Financial markets have flip-flopped all week as a global crisis in confidence over the banking sector has led to a dramatic shift in expectations for central banks' fight against inflation, and has made a recession more likely.
Mar 17, 2023 4:44 PM
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S&P/TSX down Friday as markets continue to grapple with bank collapses
TORONTO — Canada's main stock index closed down over 150 points Friday, with U.S. indexes also posting losses, as the globe continued to grapple with a crisis of confidence in the financial system triggered by two U.S. bank failures.
Mar 17, 2023 4:43 PM
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Spanish company drops LNG terminal in New Brunswick citing high costs to ship gas
FREDERICTON — The Spanish company behind a proposal to export liquefied natural gas to Europe through a terminal in Saint John, N.B., has announced it will not go ahead with the project because the costs are too high.
Mar 17, 2023 4:24 PM
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Haaland criticized over ‘difficult’ choice on Willow project
WASHINGTON (AP) — In early March, President Joe Biden met with members of Alaska's bipartisan congressional delegation as they implored him to approve a contentious oil drilling project in their state.
Mar 17, 2023 3:51 PM
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Lobster giant partially owned by Indigenous bands delivering higher sales and profits
HALIFAX — A seafood giant that is half-owned by a coalition of East Coast First Nations is reporting a leap in annual sales, as 2022 revenues rose by $71.6 million compared to the year before.
Mar 17, 2023 2:38 PM
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Biden calls for tougher penalties for execs of failed banks
WASHINGTON (AP) — President Joe Biden on Friday called on Congress to allow regulators to impose tougher penalties on the executives of failed banks, including clawing back compensation and making it easier to bar them from working in the industry.
Mar 17, 2023 2:36 PM
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Indigenous-led prospective buyer 'not going away' even as Trans Mountain costs spiral
CALGARY — An Indigenous-led initiative is still pursuing ownership of the Trans Mountain pipeline, in spite of the project's ballooning price tag. "We are not going away, just because it's $30.9 billion.
Mar 17, 2023 1:57 PM
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