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After Chinese company divested from Calgary lithium firm, mystery firm stepped in

After Chinese company divested from Calgary lithium firm, mystery firm stepped in

The federal government is going to court to force a Toronto company to sell a $34-million stake in a Calgary-based lithium firm that it bought off a Chinese company.
Homeowners expect monthly mortgage payments to rise upon renewal in 2025: survey

Homeowners expect monthly mortgage payments to rise upon renewal in 2025: survey

TORONTO — As more than one million mortgages come up for renewal in Canada this year, a new survey says the majority of those homeowners expect to pay more in their monthly borrowing costs.
Trump eyeing spring start for lumber tariffs; could new levy stack on current one?

Trump eyeing spring start for lumber tariffs; could new levy stack on current one?

The list of potential American tariffs that could affect Canada grew Wednesday night when U.S. President Donald Trump dropped the idea of a 25 per cent levy on lumber and forest products.
Delta offering US$30,000 to passengers on plane that crash landed in Toronto

Delta offering US$30,000 to passengers on plane that crash landed in Toronto

TORONTO — Delta Air Lines is offering US$30,000 to passengers who were on the plane that crashed at Toronto's Pearson airport earlier this week, with a company spokesperson saying the money "has no strings attached and does not affect rights.
Alberta premier shuffles deputy health minister amid allegations of corruption

Alberta premier shuffles deputy health minister amid allegations of corruption

Alberta Premier Danielle Smith removed her government's deputy minister of health Wednesday but bucked calls for a public inquiry into allegations of government interference in lucrative medical contracts.
Old-growth logging was 'goal' of Interfor: B.C. Forest Appeals Commission decision

Old-growth logging was 'goal' of Interfor: B.C. Forest Appeals Commission decision

British Columbia-based forestry giant Interfor reaped an estimated $1.8 million in net profit from logging in old-growth areas that were meant to be preserved, a decision by the province's Forest Appeals Commission says.
Nutrien earnings decline to US$118 million in fourth quarter

Nutrien earnings decline to US$118 million in fourth quarter

SASKATOON, Sask. — Nutrien Ltd. says it earned US$118 million in its fourth quarter, down 33 per cent from US$176 million a year earlier. The Saskatoon-based company says its sales totalled US$5.1 billion, down from US$5.
New Social Security chief contradicts claims that millions of dead people are getting payouts

New Social Security chief contradicts claims that millions of dead people are getting payouts

WASHINGTON (AP) — The new head of the Social Security Administration said Wednesday that deceased centenarians are “not necessarily receiving benefits," contradicting claims that tens of millions of dead people over the age of 100 are getting payment
Implementing guaranteed basic income could cut poverty rates up to 40%, PBO says

Implementing guaranteed basic income could cut poverty rates up to 40%, PBO says

OTTAWA — The government's fiscal watchdog says a guaranteed basic income program at the federal level could cut poverty rates in Canada by up to 40 per cent.
Manulife Financial earns $1.6 billion in fourth quarter

Manulife Financial earns $1.6 billion in fourth quarter

TORONTO — Manulife Financial Corp. says its earnings dipped slightly in the fourth quarter but rose overall in 2024. The company's net income attributable to shareholders was $1.6 billion in the fourth quarter, down three per cent from $1.
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