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University of Toronto to fully divest $4 billion endowment from fossil fuels by 2030

University of Toronto to fully divest $4 billion endowment from fossil fuels by 2030

TORONTO — The University of Toronto has become the latest institution to commit to the divestment movement, saying Wednesday that it will sell off all fossil fuel investments in its $4 billion endowment fund by the end of 2030 to help fight climate c
Shaw stock to take a hit if Rogers deal doesn't move forward: analyst

Shaw stock to take a hit if Rogers deal doesn't move forward: analyst

TORONTO — Shaw Communications Inc.'s share price would take a hit if its takeover deal with Rogers Communications Inc. falls through, one analyst says, but it would remain above its pre-deal level.
S&P/TSX composite down more than 100 points in late-morning trading, loonie higher

S&P/TSX composite down more than 100 points in late-morning trading, loonie higher

TORONTO — Canada's main stock index posted a triple-digit drop in late-morning trading amid a broad-based decline on the Toronto Stock Exchange, while the loonie climbed higher after the Bank of Canada moved up its timeline for when it expects to rai
Bank of Canada warns on prolonged inflation, ends bond-buying program

Bank of Canada warns on prolonged inflation, ends bond-buying program

OTTAWA — The Bank of Canada is warning inflation will stay higher for longer than it previously forecast and signalled that an interest rate hike may be coming sooner than expected.

H&R Real Estate Investment Trust to focus on residential and industrial sector

TORONTO — H&R Real Estate Investment Trust, one of Canada's largest landlords, announced a plan to spin off or sell its retail and office properties in a bid to focus on the residential and industrial sector.
Beef a bigger challenge than oil and gas when it comes to tackling methane emissions

Beef a bigger challenge than oil and gas when it comes to tackling methane emissions

CALGARY — As Canada doubles down on efforts to reduce harmful methane emissions, experts say one of the trickiest hurdles standing in the way is the burping cow.
Google launches program paying for news in Canada with 11 publishers

Google launches program paying for news in Canada with 11 publishers

TORONTO — Cash started flowing from Google to Canadian publishers Wednesday as the tech giant brought a program that pays media companies for news to the country.
Teck Resources Q3 profit up as commodity prices climb, beats expectations

Teck Resources Q3 profit up as commodity prices climb, beats expectations

VANCOUVER — Teck Resources Ltd. beat expectations as it reported a third-quarter profit of $816 million, up from $61 million in the same quarter last year, helped by strong commodity prices. The Vancouver-based miner says the profit amounted to $1.

Survey suggests staff worried about bias toward on-site workers if working remotely

As an executive with the city of Toronto, Lawrence Eta now makes a point of not coming into the office every day.
Iran's president says cyberattack meant to create 'disorder'

Iran's president says cyberattack meant to create 'disorder'

DUBAI, United Arab Emirates (AP) — Iran's president said Wednesday that a cyberattack which paralyzed every gas station in the Islamic Republic was designed to get “people angry by creating disorder and disruption,” as long lines still snaked around