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Russel Metals posts net loss of $9 million in the fourth quarter

Russel Metals posts net loss of $9 million in the fourth quarter

MISSISSAUGA, Ont. — Russel Metals says it lost more money in the fourth quarter than in the same period in 2019. The Mississauga-based company says it had a net loss of $9 million in the three months that ended Dec.
As music rights sales heat up, Merck Mercuriadis swoops in with big offers

As music rights sales heat up, Merck Mercuriadis swoops in with big offers

TORONTO — Merck Mercuriadis is holding a Canadian treasure in his hands. Deep into a conversation about the future of the music industry, the head of the Hipgnosis Songs Fund steps away from his webcam to pull a vinyl record from his shelf.
Manulife profits rise 45 per cent in fourth quarter but core earnings dip slightly

Manulife profits rise 45 per cent in fourth quarter but core earnings dip slightly

TORONTO — Manulife Financial Corp. says its fourth-quarter profits rose 45 per cent from a year ago, as gains from interest rates and bond sales offset lower volumes of new business during the COVID-19 pandemic last year.
Sun Life Financial beats expectations as Q4 profits climbs 3.5% to $744 million

Sun Life Financial beats expectations as Q4 profits climbs 3.5% to $744 million

TORONTO — Sun Life Financial Inc. beat expectations as it reported that fourth-quarter profits grew 3.5 per cent to $744 million, up from $719 million in the same quarter a year earlier.

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 (18,457.78, up 49.16 points.) The Supreme Cannabis Co. Inc. (TSX:FIRE). Health care. Up seven cents, or 16.
New Brunswick Premier Blaine Higgs uses annual speech to highlight economic growth

New Brunswick Premier Blaine Higgs uses annual speech to highlight economic growth

FREDERICTON — The premier of New Brunswick says more than $200 million in new, private investment projects are an indicator of growth in the province over the past year despite the COVID-19 pandemic.
S&P/TSX climbs for an eighth-straight day as interest in cannabis stocks grow

S&P/TSX climbs for an eighth-straight day as interest in cannabis stocks grow

TORONTO — Canada's main stock index continued its record-setting run for an eighth day on a rising energy sector and cannabis stocks reportedly surging from interest by retail investors. The S&P/TSX composite index closed up 49.
Flair announces plans to add eight domestic routes as other airlines cut service

Flair announces plans to add eight domestic routes as other airlines cut service

Low-cost carrier Flair Airlines says it is expanding service to eight cities in Canada, bringing its number of domestic destinations to 18 by the summer.
Health units with low virus transmission urge caution as Ontario gradually reopens

Health units with low virus transmission urge caution as Ontario gradually reopens

TORONTO — Public health restrictions loosened in three Ontario regions with low rates of COVID-19 on Wednesday, with local officials warning that visitors from other areas weren't welcome at reopened businesses.
Powell stresses commitment to full employment and low rates

Powell stresses commitment to full employment and low rates

WASHINGTON — Federal Reserve Chair Jerome Powell on Wednesday underscored the Fed's commitment to reducing unemployment to multi-decade lows, where it stood before the pandemic, while signalling little concern about the risk of potentially high infla
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