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Scotiabank says tariff fears causing borrowers to hold back but risks 'manageable'

Scotiabank says tariff fears causing borrowers to hold back but risks 'manageable'

TORONTO — The threat of tariffs is leading to a pullback in borrowing as businesses and consumers wait to see what comes, said Scotiabank.
CDPQ to buy Innergex Renewable Energy in deal valued at $10 billion

CDPQ to buy Innergex Renewable Energy in deal valued at $10 billion

MONTREAL — Quebec pension fund manager CDPQ has signed a $10-billion deal to buy Innergex Renewable Energy Inc. in a bid to leave the “short-term” view of stock market investors behind.
UK to raise defense spending to 2.5% of GDP by 2027, Starmer says 2 days before Trump meeting

UK to raise defense spending to 2.5% of GDP by 2027, Starmer says 2 days before Trump meeting

LONDON (AP) — Prime Minister Keir Starmer pledged Tuesday to raise U.K. defense spending to 2.5% of gross domestic product by 2027, saying Europe is in a new era of insecurity that requires a “generational response.
US consumer confidence plummets in February, biggest monthly decline since 2021

US consumer confidence plummets in February, biggest monthly decline since 2021

WASHINGTON (AP) — U.S.
Apple shareholders not expected to scrap diversity programs despite broader backlash

Apple shareholders not expected to scrap diversity programs despite broader backlash

Apple shareholders are expected to reject an attempt to pressure the technology trendsetter into scrapping corporate programs designed to diversify its workforce.
Big or small, financial experts say it's important to know your net worth

Big or small, financial experts say it's important to know your net worth

To someone who doesn’t have a lot of assets, knowing their net worth might seem pointless, but experts say it’s an important indicator of financial health, no matter how big or small the number.
'A wake-up call': Report urges agri-food export diversification amid tariff threat

'A wake-up call': Report urges agri-food export diversification amid tariff threat

TORONTO — The Canadian agriculture industry needs to expand its international exports to hold its own against U.S. tariffs and global competitors, according to a new report from RBC.
Dye & Durham receives unsolicited takeover offer for company

Dye & Durham receives unsolicited takeover offer for company

TORONTO — Dye & Durham Ltd. says it has received an unsolicited offer to buy the company, but that it is not in talks regarding any such deal.
Maple Leaf Foods reports $53.5M Q4 profit compared with $9.3M loss a year earlier

Maple Leaf Foods reports $53.5M Q4 profit compared with $9.3M loss a year earlier

MISSISSAUGA, Ont. — Maple Leaf Foods Inc. reported a profit of $53.5 million in its fourth quarter compared with a loss of $9.3 million a year earlier. The company says the profit amounted to 43 cents per share for the quarter ended Dec.
Canadian North to be purchased by Exchange Income Corp.

Canadian North to be purchased by Exchange Income Corp.

WINNIPEG — Exchange Income Corp. has entered into an agreement to buy Canadian North. The northern airline is set to be purchased for $205 million.
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