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Roots records $2.2M in earnings in Q3, sales down 8.5% from last year

Roots records $2.2M in earnings in Q3, sales down 8.5% from last year

TORONTO — Roots Corp. says it earned about $2.2 million in its latest quarter as sales dropped by 8.5 per cent since the same time last year. The Toronto clothing retailer says its net income for the third quarter fell from $10.8 million a year ago.
Crescent Point to acquire Kaybob Duvernay drilling assets from Paramount Resources

Crescent Point to acquire Kaybob Duvernay drilling assets from Paramount Resources

CALGARY — Crescent Point Energy Corp. says it has signed an agreement with Paramount Resources Ltd. to acquire additional Kaybob Duvernay assets for $375 million.
Laurentian Bank posts $55.7M in earnings in Q4, revenue up slightly from year ago

Laurentian Bank posts $55.7M in earnings in Q4, revenue up slightly from year ago

MONTREAL — Laurentian Bank of Canada says it earned $55.7 million in its most recent quarter as its revenue rose and provision for credit losses eased slightly.
From missing family time to making food, Canadians are cutting back amid inflation

From missing family time to making food, Canadians are cutting back amid inflation

MONTREAL — It has not been an easy year for Canadians financially. Decades-high inflation and soaring interest rates have led many to take a closer look at their spending habits and, consequently, make some tough choices.
Steep surcharges for mailing parcels may dampen holiday spirits

Steep surcharges for mailing parcels may dampen holiday spirits

OTTAWA — Canadians sending parcels this holiday season may be surprised to see a steep surcharge on domestic shipping due to the high price of diesel.

Igor brand Gorgonzola mild ripened blue-veined cheese was sold in Ontario and Quebec

OTTAWA — The Canadian Food Inspection Agency has issued a recall for Igor brand Gorgonzola mild ripened blue-veined cheese due to possible Listeria contamination. The affected product distributed by Jan K.
TC Energy shuts down Keystone pipeline system after leak in Kansas

TC Energy shuts down Keystone pipeline system after leak in Kansas

CALGARY — TC Energy Corp. has estimated the volume of oil released in Wednesday's Keystone pipeline leak at 14,000 barrels, making this most recent spill larger than Keystone's 2017 and 2019 leaks combined.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,969.19, down 4.03 points.) Suncor Energy Inc. (TSX:SU). Energy. Down four cents, or 0.10 per cent, to $40.62 on 10.8 million shares.
S&P/TSX composite edges down; U.S. markets tick higher on quiet trading day

S&P/TSX composite edges down; U.S. markets tick higher on quiet trading day

Canada's main stock index edged downwards and U.S. markets ticked slightly higher on what was overall a quiet day of trading Thursday. The S&P/TSX composite index closed down 4.03 points at 19,969.19.
BoC shifting from how much to raise rates to whether to raise them: Deputy Governor

BoC shifting from how much to raise rates to whether to raise them: Deputy Governor

The Bank of Canada's steep rate hike cycle could be coming to an end, but don't expect rates to start going back down any time soon.
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