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CEO says Flair has resolved foreign ownership issue — mostly — amid regulatory probe
Amid a regulatory probe of Flair Airlines, CEO Stephen Jones says the budget carrier has rejigged its governance structure to align with Canadian ownership rules — but that its "significant" debt to an American investor remains a concern.
Apr 21, 2022 2:56 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (21,650.41, down 347.97 points.) Athabasca Oil Corp. (TSX:ATH). Energy. Down three cents, or 1.1 per cent, to $2.
Apr 21, 2022 2:30 PM
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Hexo to streamline operations by closing Belleville facility, affecting 230 employees
GATINEAU, Que. — Hexo Corp. says it will close its Belleville facility this summer affecting 230 employees as it further streamlines operations. The Gatineau, Que.
Apr 21, 2022 2:24 PM
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S&P/TSX composite has worst day in three months as Fed signals big rate hike
TORONTO — Canada's main stock index slipped from early gains to post its largest daily slump in three months on fears of slowing economic growth as members of the U.S.
Apr 21, 2022 1:57 PM
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Stocks fall on Wall Street following Fed chief's comments
NEW YORK — Stocks shed early gains and closed broadly lower on Wall Street Thursday after the head of the Federal Reserve said the central bank needs to take more aggressive action to fight high inflation. The S&P 500 fell 1.
Apr 21, 2022 1:06 PM
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Disney self-government in peril after Florida House vote
TALLAHASSEE, Fla. (AP) — The Florida House of Representatives on Thursday gave final passage to a bill that would dissolve Walt Disney World's private government, handing Republican Gov.
Apr 21, 2022 12:00 PM
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UK lawmakers OK probe into PM Boris Johnson's alleged lies
LONDON (AP) — British lawmakers on Thursday ordered a parliamentary investigation into Prime Minister Boris Johnson for allegedly lying about whether he broke coronavirus restrictions by attending illegal gatherings during the pandemic.
Apr 21, 2022 9:57 AM
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How to save for a down payment: navigating Canada's investment savings accounts
MONTREAL — TFSAs. RRSPs. And now FHSAs. The alphabet soup of investment savings accounts for Canadians looking to buy their first home can seem daunting. Experts say each have their advantages — and limits.
Apr 21, 2022 9:37 AM
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CMHC expects home sales and price growth to remain elevated, but ease from highs
OTTAWA — Canada Mortgage and Housing Corp. says it expects home sales and the pace of price growth for them will remain elevated this year, but ease from their highs of 2021.
Apr 21, 2022 9:16 AM
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High food costs shaping grocery shopping habits and buying patterns, Metro CEO says
Rapidly rising food prices in Canada are shaping grocery shopping habits and buying patterns as consumers increasingly seek out deals and favour discount retailers, the head of Metro Inc. said Thursday.
Apr 21, 2022 9:13 AM
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