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Yukon budget projects 'record-breaking' capital spending, GDP growth

Yukon budget projects 'record-breaking' capital spending, GDP growth

WHITEHORSE — Yukon's government says it's planning record capital spending in the 2021-22 fiscal year as it forecasts strong economic growth. In its budget tabled Thursday, the territorial government says it plans to spend $434.
B.C. eases requirements, extends deadline for small business recovery grants

B.C. eases requirements, extends deadline for small business recovery grants

VICTORIA — The B.C. government has eased the eligibility requirements and extended the deadline for small and medium-sized businesses applying for funds under its $345-million pandemic recovery grant program.
Parkland blames pandemic as Q4 profits and revenue slide on lower fuel sales

Parkland blames pandemic as Q4 profits and revenue slide on lower fuel sales

CALGARY — Parkland Corp. is reporting lower fourth-quarter earnings and revenue as effects of the COVID-19 pandemic lockdowns continue to erode fuel sales.

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 (18,125.72, down 194.95 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up five cents, or 8.33 per cent, to 65 cents on 20.
North American stock markets plunge as Fed chairman attempts to reassure investors

North American stock markets plunge as Fed chairman attempts to reassure investors

TORONTO — North American stock markets dropped Thursday despite efforts by the chairman of the Federal Reserve to reassure investors that interest rates aren't about to increase. The S&P/TSX composite index closed down 194.95 points at 18,125.
Nova Scotia company that retooled factory to make medical gowns loses new tender

Nova Scotia company that retooled factory to make medical gowns loses new tender

HALIFAX — An Atlantic Canadian undergarment company that quickly retooled its factory last spring to make personal protective equipment is laying off 150 workers after failing to win a new federal contract. Stanfield's Ltd.
Canadian Natural takes Keystone XL pipeline charge, raises dividend 11 per cent

Canadian Natural takes Keystone XL pipeline charge, raises dividend 11 per cent

CALGARY — The move by U.S. President Joe Biden to cancel the Keystone XL pipeline in January continues to plague Canadian oil companies, with Canadian Natural Resources Ltd.
Bombardier to focus on after-sales service until business jet recovery takes hold

Bombardier to focus on after-sales service until business jet recovery takes hold

MONTREAL — While the business jet market will take "several years" to return to pre-pandemic levels, Bombardier Inc. plans to capitalize on growth of after-sales service to achieve its goal of US$7.5 billion in sales in 2025.
CRTC says cancellation fee protections apply to three-year device plans

CRTC says cancellation fee protections apply to three-year device plans

GATINEAU, Que. — The CRTC says that consumers with smartphone-financing plans of three years or longer will be protected by a policy that caps cancellation fees.
Square, Inc. to buy majority of Tidal and put Jay-Z on board

Square, Inc. to buy majority of Tidal and put Jay-Z on board

SAN FRANCISCO — Financial technology company Square, Inc. said Thursday that it has reached an agreement to acquire majority ownership of Tidal, the music streaming service partly owned by Jay-Z.