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RBC moves to boost capital after announcing $13.5Bn deal for HSBC Canada
TORONTO — Royal Bank of Canada is taking measures to boost its capital on hand after announcing a $13.5 billion deal on Tuesday to buy HSBC Bank Canada amid heightened market uncertainty.
Nov 30, 2022 1:46 PM
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Alta. sovereignty act damaging to business: Calgary Chamber of Commerce
CALGARY — Alberta's proposed sovereignty act threatens to scare off investors and talent and derail the province's plans for economic growth, a prominent business group warned Wednesday.
Nov 30, 2022 12:39 PM
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House votes to avert rail strike, impose deal on unions
WASHINGTON (AP) — The U.S.
Nov 30, 2022 11:58 AM
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BRP reports Q3 profit and revenue up from year ago, raises guidance
VALCOURT, Que. — BRP Inc. reported its third-quarter profit and revenue rose compared with a year ago and raised guidance for its full year.
Nov 30, 2022 11:37 AM
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Canopy breaks out Canadian operations in new unit, lays off 55
SMITHS FALLS, Ont. — Canopy Growth Corp. says it will be breaking out its Canadian cannabis operations into a stand-alone business unit and laying off 55 staff. Brenna Eller, the Smiths Falls, Ont.
Nov 30, 2022 11:36 AM
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Western Forest Products to temporarily reduce lumber production levels in December
VANCOUVER — Western Forest Products Inc. says it will temporarily reduce its lumber production levels for the rest of the year. The Vancouver-based forest products company says the reduction will amount to about 200 million fewer board feet.
Nov 30, 2022 10:26 AM
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German gas importer Uniper seeks damages from Gazprom
BERLIN (AP) — German energy company Uniper said Wednesday it's suing Gazprom for damages over natural gas that hasn't been delivered since June, when the Russian supplier started reducing amounts to Germany.
Nov 30, 2022 9:44 AM
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Desjardins buying Guardian insurance, fund and investment distribution networks
MONTREAL — Desjardins Group has signed a deal to buy Guardian Capital Group Ltd.'s life insurance, mutual fund and investment distribution networks for $750 million.
Nov 30, 2022 9:41 AM
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Enbridge raising quarterly dividend, releases financial guidance for 2023
CALGARY — Enbridge Inc. is raising its quarterly dividend to shareholders. The pipeline company says it will now pay a quarterly dividend of 88.75 cents per share, up from 86 cents per share. Based on Enbridge's closing share price of $55.
Nov 30, 2022 8:00 AM
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Canadian Natural Resources plans $5.2 billion in capital spending in 2023
CALGARY — Canadian Natural Resources Ltd. says it expects to spend $5.2 billion on its capital budget next year as it looks to grow production. The company says the plan includes about $4.2 billion in base capital spending and $1.
Nov 30, 2022 7:55 AM
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