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Retail sales down 0.2% in November in 'Black Friday bust'

Retail sales down 0.2% in November in 'Black Friday bust'

Canada's holiday sales period got underway in November with a 0.2 per cent decline in retail sales led by falling purchases at food and beverage retailers.
Blackstone to take Tricon Residential private in US$3.5 billion deal

Blackstone to take Tricon Residential private in US$3.5 billion deal

TORONTO — Blackstone Real Estate says it will purchase all outstanding shares in Tricon Residential Inc. and take the Toronto-based rental development company private. New York-based Blackstone says it will pay about US$11.
Allow CSIS to share intelligence on security threats, business council asks Ottawa

Allow CSIS to share intelligence on security threats, business council asks Ottawa

OTTAWA — A group representing key Canadian businesses wants legislative changes that would allow Canada's spy agency to share threat intelligence with companies to help them take timely protective measures.
Best Buy and Bell partner up to rebrand, revamp The Source stores across Canada

Best Buy and Bell partner up to rebrand, revamp The Source stores across Canada

MONTREAL — Best Buy Canada and Bell Canada have announced a partnership to rebrand and revamp 165 The Source stores.
Crave tells subscribers they'll need to fork out $2 more per month to avoid ads

Crave tells subscribers they'll need to fork out $2 more per month to avoid ads

Avoiding commercials on the Crave streaming service is about to get a little costlier. Bell Media has told Crave subscribers who use its "premium ad-free" package that they'll now have to pay $22 per month — an increase of $2.01.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,756.73, up 61.71 points): Enbridge Inc. (TSX:ENB). Energy. Down 48 cents, or 0.98 per cent, to $48.29 on 15.6 million shares.
Shares in Birchcliff Energy down more than 9% after cutting dividend in half

Shares in Birchcliff Energy down more than 9% after cutting dividend in half

CALGARY — Shares of Birchcliff Energy Ltd. fell more than nine per cent in trading on Thursday after the company cut its quarterly dividend in half and lowered its expectations for capital spending and production for the year.
S&P/TSX composite posts small gain while U.S. stock markets rise, led by Nasdaq

S&P/TSX composite posts small gain while U.S. stock markets rise, led by Nasdaq

TORONTO — Strength in industrial stocks helped Canada's main stock index post a small gain Thursday, while U.S. markets rose, more than reclaiming Wednesday's losses. The S&P/TSX composite index closed up 61.71 points at 20,756.73.
Stock market today: Wall Street rises to erase most of its loss for the week so far

Stock market today: Wall Street rises to erase most of its loss for the week so far

NEW YORK (AP) — Wall Street bounced back to recoup almost all the losses it suffered earlier in the week. The S&P 500 rose 0.9% following back-to-back drops that kicked off this holiday-shortened week. The Dow gained 0.
TD expects $141 million from Schwab holdings as U.S. banks report earnings

TD expects $141 million from Schwab holdings as U.S. banks report earnings

TORONTO — TD Bank Group says it expects to earn about $141 million in equity net income in its first quarter of 2024 from its holdings in Charles Schwab as U.S. banks report earnings.