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Honda recalls 130,000 vehicles in Canada: Fit, Accord, Civic, Insight and Acura ILX
MARKHAM, Ont. — Honda says it will recall 130,000 vehicles in Canada, including certain Fit, Civic, Accord, Insight and Acura ILX models, after announcing a similar recall of 1.4 million vehicles in the U.S.
Dec 16, 2020 3:51 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (17,567.42, up 60.94 points.) Air Canada (TSX:AC). Industrials. Down $2.65, or 10.06 per cent, to $23.69 on 15.6 million shares.
Dec 16, 2020 3:32 PM
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TSX edges higher as gain by Shopify offsets drag from energy sector
TORONTO — Canada's main stock index edged higher midweek as a big gain by the country's most valuable company offset weakness in the energy sector. Shares of Shopify Inc. surged 8.3 per cent after a U.S. analyst upgraded the tech darling.
Dec 16, 2020 3:21 PM
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Retail sales fell 1.1% in November, biggest drop in 7 months
NEW YORK — Americans held back on spending during the start of the holiday shopping season, a troubling sign for retailers and the state of the U.S. economy. U.S. retail sales fell a seasonally adjusted 1.1% in November, according to the U.S.
Dec 16, 2020 3:11 PM
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'Megascale' slaughterhouses, meat-packing plants put beef industry at risk: Report
CALGARY — The consolidation of beef processing plants in Alberta has kept meat prices affordable in Canada but has also made the industry vulnerable to disease outbreaks, according to a new report.
Dec 16, 2020 2:28 PM
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Banking industry's tech shift has accelerated amid pandemic
TORONTO — When COVID-19 swept across Canada, the Bank of Nova Scotia had a secret weapon in its arsenal: artificial intelligence As companies sent their employees home to work and businesses temporarily closed, the bank used the technology to identif
Dec 16, 2020 1:51 PM
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Canadians asked to 'picture life without restaurants' as industry hits grim milestone
A restaurant industry group is asking Canadians to imagine life without local restaurants after it says the country lost more than 10,000 eateries since the introduction of pandemic lockdowns.
Dec 16, 2020 1:38 PM
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Aphria and Tilray to merge, will use Tilray name and explore U.S. market
In the latest sign of the cannabis industry's efforts to streamline its operations and take advantage of what they hope will be a promising U.S. market, two of Canada's most prominent pot companies said Wednesday that they plan to merge.
Dec 16, 2020 1:33 PM
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BBC to launch new subscription streaming service BBC Select in Canada next year
BBC Studios is throwing another streaming service on the growing pile of options for Canadians. The British broadcaster's commercial division says it will launch BBC Select early next year in both Canada and the United States.
Dec 16, 2020 1:00 PM
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Fed keeps rate near zero but sees brighter economy in 2021
WASHINGTON — The Federal Reserve said Wednesday that it will keep buying government bonds until the economy makes “substantial” progress — a step intended to reassure financial markets and keep long-term borrowing rates low indefinitely.
Dec 16, 2020 12:51 PM
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