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Demand for bikes and barbecues ratchets up Canadian Tire's profit and sales
TORONTO — Spring's early arrival sent demand for everything from patio furniture and inflatable pools to barbecues and bikes soaring at Canadian Tire Corp. Ltd., which reported higher-than-expected sales growth in its first quarter.
May 13, 2021 4:50 PM
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Leon's Furniture reports Q1 profit up from year ago, CEO to retire July 1
TORONTO — Leon's Furniture Ltd. reported a first-quarter profit of $40.9 million, up from a profit of $13.7 million a year ago, as its revenue climbed higher.
May 13, 2021 3:12 PM
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Bank of Canada to see if QE program has helped, hurt economic inequalities
OTTAWA — The Bank of Canada's unprecedented actions in response to the pandemic have helped hard-hit workers, but governor Tiff Macklem said Thursday that the measures may have increased economic inequality at the same time.
May 13, 2021 3:07 PM
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Quebecor reports Q1 profit down, telecommunications helps lift revenue higher
MONTREAL — Quebecor Inc. reported its first-quarter profit fell compared with a year ago as its revenue climbed higher, helped by gains in its telecommunications business and recent acquisitions.
May 13, 2021 2:37 PM
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Canada’s new manufacturing era trades dusty factories for robotics, 3D printers
When Tony Chahine’s father developed dementia, he wanted to stay connected with him while monitoring his worsening health.
May 13, 2021 2:33 PM
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Brookfield Asset Management funds from operations hit record high
TORONTO — Brookfield Asset Management Inc. reported a profit in its latest quarter compared with a loss a year ago as its funds from operations hit a record high. The asset manager, which keeps its books in U.S.
May 13, 2021 2:12 PM
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Bongino, Gowdy getting weekend shows on Fox News Channel
NEW YORK (AP) — Fox News Channel is creating weekend shows for commentator Dan Bongino and former U.S. Rep. Trey Gowdy starting early next month.
May 13, 2021 12:36 PM
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Trican Well Service posts positive profit on modest oilfield activity rebound
CALGARY — Trican Well Service Ltd. is reporting positive first-quarter earnings as a modest rise in oilfield activity allowed revenue to recover from the previous quarter but not to the level it reached in the first three month of 2020.
May 13, 2021 12:00 PM
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Should you consider no-fee online banks as a way to minimize bank fees?
Bank fees might only represent a $15 to $20 dollar charge per month for most Canadians, but experts say switching to a no-fee institution or minimizing your fees with your current bank can be a good way to save a larger sum of money every year.
May 13, 2021 11:03 AM
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US jobless claims sink to 473K as more GOP governors bar aid
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week to 473,000, a new pandemic low and the latest evidence that fewer employers are cutting jobs as consumers ramp up spending and more businesses reopen.
May 13, 2021 10:43 AM
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