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Strength in energy sector helps lift S&P/TSX composite, U.S. stock markets mixed

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TORONTO — Strength in the energy sector helped Canada’s main stock index rise in late-morning trading, while U.S. stock markets were mixed. The S&P/TSX composite index was up 96.35 points at 21,194.64. TORONTO — Strength in the energy sector helped Canada’s main stock index rise in late-morning trading, while U.S. stock markets were mixed. The …

Strength in energy sector helps lift S&P/TSX composite, U.S. stock markets mixed Read More »

Health officials are hinting at ending COVID restrictions (and not because of the truckers)

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While viruses such as smallpox and polio can be stamped out through aggressive vaccination, COVID-19 is simply too infectious to be eliminated entirely Tristin Hopper Publishing date: Jan 31, 2022 The overarching goal of Freedom Convoy 2022 was for the federal government to declare the immediate lifting of all COVID-19 mandates across Canada. It was, …

Health officials are hinting at ending COVID restrictions (and not because of the truckers) Read More »

There’s a vending machine for that: Why automated retail is becoming more the norm

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‘Cake ATMs’ pop up at popular locations in Calgary Natalie Valleau · CBC News · Posted: Feb 01, 2022 Vending machines have taken a new, upscale form in the Canadian market, and experts say the pandemic, along with more innovative technology, have spurred this shopping trend. Most recently, “Cake ATMs” have been installed at 25 shopping centres. Most are in Ontario …

There’s a vending machine for that: Why automated retail is becoming more the norm Read More »

Canada’s GDP rebounded to pre-pandemic level in November 2021

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Real GDP grew by 0.6 per cent last November, bringing it 0.2 per cent above its February 2020 level Nojoud Al Mallees · CBC News · Posted: Feb 01, 2022 Canada’s economy grew by 0.6 per cent in November of last year, making it the sixth consecutive month of economic expansion prior to the rapid spread of the Omicron variant …

Canada’s GDP rebounded to pre-pandemic level in November 2021 Read More »

Coronavirus: What’s happening in Canada and around the world on Monday

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Ontario and Quebec easing restrictions, students in P.E.I. and N.B. returning to class CBC News · Posted: Jan 31, 2022 7:42 AM ET | Last Updated: 1 hour ago Students in Prince Edward Island and New Brunswick headed back to classrooms on Monday — a move that comes amid a broader easing of restrictions in the two …

Coronavirus: What’s happening in Canada and around the world on Monday Read More »

Lobby Wrap: Automotive industry wants training as EV sales increase

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By Janet E Silver. Published on Jan 31, 2022 11:34am As fuel prices across the country increase more Canadians are looking to electric vehicles as their next automotive purchase. New Transport Canada data shows that about 130,000 consumers across the country took advantage of the $5000 federal incentive to purchase an electric vehicle since the program began in …

Lobby Wrap: Automotive industry wants training as EV sales increase Read More »

Canada’s Oil Sands Stocks Surge Even as Some Companies Exit

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January 31, 2022 EnergyNow Media (Bloomberg)Canada’s oil companies are outperforming their energy-producing peers as the highest oil prices in seven years brings a windfall of cash.The combined shares of five of the largest oil sands companies have outpaced the broader S&P 500 Energy Index over the past three months, data compiled by Bloomberg show.The 25% …

Canada’s Oil Sands Stocks Surge Even as Some Companies Exit Read More »

BlackBerry to sell legacy patents related to mobile devices, messaging for $600 million

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The move comes weeks after BlackBerry pulled the plug on service for its once ubiquitous business smartphones BlackBerry Ltd. said on Monday it will sell its legacy patents primarily related to mobile devices, messaging and wireless networking for US$600 million to a special purpose vehicle formed to acquire the company’s patent assets. BlackBerry said the …

BlackBerry to sell legacy patents related to mobile devices, messaging for $600 million Read More »

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