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National Business
Lightspeed Q2 revenue up 25% from year ago as company advances payments strategy
An ongoing shift in its payments processing strategy helped Lightspeed Commerce Inc. record a 25 per cent increase in its second-quarter revenue. The Montreal-based e-commerce technology company, which keeps its books in U.S.
Nov 2, 2023 1:48 PM
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Format of public comment meetings for Dakota Access oil pipeline upsets opponents
BISMARCK, N.D. (AP) — Opponents of the Dakota Access oil pipeline are taking issue with the format of private oral testimony in meetings for public comment on a draft environmental review of the controversial pipeline. The U.S.
Nov 2, 2023 1:45 PM
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The US sanctions more foreign firms in a bid to choke off Russia's supplies for its war in Ukraine
WASHINGTON (AP) — The United States on Thursday imposed a new round of sanctions on 130 firms and people from Turkey, China and the United Arab Emirates in an effort to choke off Russia's access to tools and equipment that support its invasion of Ukr
Nov 2, 2023 1:37 PM
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Greater Toronto home sales drop 5.8 per cent in October amid high borrowing costs
TORONTO — Greater Toronto home sales fell 5.8 per cent last month compared with October 2022, with sales of townhouses recording the biggest decline.
Nov 2, 2023 1:30 PM
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Maple Leaf Foods posts smaller loss of $4.3M in Q3 as market challenges ease
TORONTO — The head of Maple Leaf Foods Inc. said he's confident the company has "all the building blocks in place" for success as markets normalize.
Nov 2, 2023 1:30 PM
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Canadian Natural president Tim McKay to retire, Scott Stauth to be promoted to role
CALGARY — Canadian Natural Resources Ltd. president Tim McKay will retire next year after a five-year leadership stint that coincided with the Calgary-based company surpassing $100 billion in market value.
Nov 2, 2023 1:28 PM
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Gildan Activewear reports lower earnings, rising sales in third quarter
MONTREAL — Gildan Activewear Inc. says it earned US$127.4 million in the third quarter, down 16.7 per cent from US$153 million a year earlier. The Montreal-based company says net sales rose 2.3 per cent to US$869.
Nov 2, 2023 1:14 PM
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Nutrien optimistic on potash demand as earnings continue to take hit from volatility
The unprecedented volatility in fertilizer markets that’s contributed to Nutrien Ltd.'s lower earnings so far this year is stabilizing, said chief executive Ken Seitz. "Much of that is behind us," said Seitz in an interview Thursday.
Nov 2, 2023 1:10 PM
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Cogeco reports decline in profit despite record quarterly internet customer additions
MONTREAL — Cogeco Inc. reported a profit attributable to shareholders of $29.2 million in its fourth quarter, down 19.8 per cent from earnings of $36.4 million during the same period a year ago.
Nov 2, 2023 1:00 PM
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Housing supply still outpacing demand in Vancouver market as sales increase
VANCOUVER — The Real Estate Board of Greater Vancouver says the region continues to see an increase in newly listed properties, but sales still lag behind long-term trends. The board says October home sales totalled 1,996, a 3.
Nov 2, 2023 12:21 PM
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