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CIBC sees profit dip as it set aside more money for potentially bad loans
TORONTO — CIBC reported a drop in earnings Thursday from a year ago as it set aside more money for potentially bad loans amid rising interest rates. The bank reported a net income of $1.67 billion in its third quarter, down from $1.
Aug 25, 2022 11:08 AM
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Beware the high-wire act of wire transfers, which carry unexpected risks
TORONTO — When Alexander Nachaj needed to wire the down payment on a house, he didn't worry much about it — he just headed down to his local bank branch to send it along to the notary.
Aug 25, 2022 9:58 AM
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Competition Bureau reaches deal with Parkland and Federated Co-operatives
OTTAWA — Parkland Corp. and Federated Co-operatives Ltd. have signed agreements with the Competition Bureau, which had raised concerns about their acquisition of 337 Husky retail gas stations.
Aug 25, 2022 7:48 AM
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Rogers to spend $261M to split networks, but can't quantify economic impact of outage
Rogers Communications Inc. will now spend $261 million to physically split its wireless and wireline networks following the July 8 outage and says it is not in a position to quantify the direct economic losses caused by the disruption.
Aug 25, 2022 7:23 AM
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Fall books a broad mix of literary and commercial favorites
NEW YORK (AP) — Anticipation for one of the fall’s likeliest bestsellers has been growing all year.
Aug 25, 2022 7:00 AM
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Additional employee information compromised in cyberattack on BRP
VALLCOURT — BRP Inc. says its ongoing investigation into a recent cyberattack has found additional employee information was compromised.
Aug 25, 2022 6:55 AM
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Statistics Canada says job vacancies reached another new high in June
OTTAWA — Statistics Canada says the number of job vacancies climbed 3.2 per cent in June to reach a new high as employers were looking to fill more than one million positions for a third consecutive month.
Aug 25, 2022 6:54 AM
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Fall books a broad mix of literary and commercial favorites
NEW YORK (AP) — Anticipation for one of the fall's likeliest bestsellers has been growing all year.
Aug 25, 2022 5:50 AM
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Fewer Americans claim jobless benefits last week
NEW YORK (AP) — Fewer Americans filed for unemployment benefits last week as the labor market continues to stand out as one of the strongest segments of the U.S. economy. Applications for jobless aid for the week ending Aug.
Aug 25, 2022 5:41 AM
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Government revision shows economy shrank 0.6% last quarter
WASHINGTON (AP) — The U.S. economy shrank at a 0.6% annual rate from April through June, the government said Thursday in a slight upgrade from its initial estimate.
Aug 25, 2022 5:40 AM
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