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IMF head: global growth prospects rising but dangers remain

IMF head: global growth prospects rising but dangers remain

WASHINGTON — The head of the 190-nation International Monetary Fund says prospects for global growth have brightened since January, helped by a $1.9 trillion U.S. rescue package.
Supreme Court case could change the nature of college sports

Supreme Court case could change the nature of college sports

WASHINGTON — A Supreme Court case being argued this week amid March Madness could erode the difference between elite college athletes and professional sports stars.
Consumer confidence surges in March to highest point in year

Consumer confidence surges in March to highest point in year

WASHINGTON — U.S. consumer confidence surged in March to the highest reading in a year, helped by increased vaccinations and more government economic support. The Conference Board said Tuesday its consumer confidence index rose to 109.
Ontario Teachers' Pension Plan earned total-fund net return of 8.6 per cent in 2020

Ontario Teachers' Pension Plan earned total-fund net return of 8.6 per cent in 2020

TORONTO — The Ontario Teachers' Pension Plan Board says it earned a total-fund net return of 8.6 per cent last year. The pension fund manager says net assets totalled $221.2 billion at Dec. 31, 2020, up $13.8 billion from a year earlier.
Obsidian Energy allows hostile takeover offer for Bonterra Energy to expire

Obsidian Energy allows hostile takeover offer for Bonterra Energy to expire

CALGARY — Obsidian Energy has ended its hostile takeover attempt for Bonterra Energy Corp. The company allowed its offer to buy Bonterra to expire on Monday.
Competition Bureau lays charges in alleged bid-rigging scheme at Toronto condos

Competition Bureau lays charges in alleged bid-rigging scheme at Toronto condos

TORONTO — Criminal charges have been laid against four companies and three individuals in connection with an alleged conspiracy to commit fraud and rig bids for condominium refurbishments in the Toronto area, the Competition Bureau of Canada announce
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (18,719.22, down 33.36 points.) TC Energy Corp. (TSX:TRP). Energy. Down four cents, or 0.7 per cent, to $60.01 on 16.9 million shares.
Complaints about internet service quality up 50 per cent in 2020-21: Report

Complaints about internet service quality up 50 per cent in 2020-21: Report

OTTAWA — Customer complaints about internet service quality soared 50 per cent during the latter half of 2020 compared with the pre-pandemic levels a year earlier, according to a new ombudsman's report.
Securities regulators publish guidance for cryptocurrency asset trading platforms

Securities regulators publish guidance for cryptocurrency asset trading platforms

TORONTO — Canadian securities organizations have unveiled guidance around how trading platforms for cryptocurrencies should be regulated as digital token and crypto assets keep growing in popularity.
Suez Canal blockage could lead to delays, higher shipping prices, experts say

Suez Canal blockage could lead to delays, higher shipping prices, experts say

The blockage in the Suez Canal will put upward pressure on global shipping prices but will have a marginal effect on Canadian consumers, aside from potential delays for shipments of certain items, experts say.