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Loblaw CEO Galen Weston's compensation jumps 55 per cent to $8.4 million

Loblaw CEO Galen Weston's compensation jumps 55 per cent to $8.4 million

Galen Weston took in $8.4 million in total compensation in the 2022 fiscal year in his role at the head of Loblaw Companies Ltd. Meanwhile, Empire Company Ltd. CEO Michael Medline took in $8.7 million, while Metro Inc. CEO Eric La Flèche earned $5.
S&P/TSX composite ends down more than 100 points, U.S. stock markets mixed

S&P/TSX composite ends down more than 100 points, U.S. stock markets mixed

TORONTO — Canada's main stock index closed down more than 100 points Wednesday as rising recessionary fears weighed on markets, while U.S. stock markets put in a mixed showing. The S&P/TSX composite index ended down 116.21 points at 20,159.
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 Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,159.55, down 116.21): TC Energy Corp. (TSX:TRP). Energy. Up 79 cents, or 1.47 per cent, to $54.56 on 12.5 million shares.
Small businesses not getting what they were promised in aid to offset carbon price

Small businesses not getting what they were promised in aid to offset carbon price

OTTAWA — Small businesses in Canada have received less than 10 per cent of the financial aid they were promised to help them offset the costs of the national price on carbon emissions.
Canada can play a major role in addressing growing food insecurity, Nutrien CEO says

Canada can play a major role in addressing growing food insecurity, Nutrien CEO says

TORONTO — Canada is poised to play a big role in global food production as climate change makes farming more difficult and the world’s food supply chain is rendered fragile by political and economic uncertainty, said Nutrien CEO Ken Seitz.
Energy executives say feds must make good on pledge to speed up project approvals

Energy executives say feds must make good on pledge to speed up project approvals

TORONTO — Canada's oil and gas sector is hopeful the federal government will live up to its budget-day pledge to speed up the time it takes to build major infrastructure projects.
Complaints about telecommunications companies increase as Rogers outage top of mind

Complaints about telecommunications companies increase as Rogers outage top of mind

TORONTO — Complaints about Canada's telecommunications companies were up 12 per cent from a year ago, while a service outage at Rogers Communications last summer helped make the company the most complained-about provider for the first time, according
Canadian merchandise trade surplus slips to $422M in February: StatCan

Canadian merchandise trade surplus slips to $422M in February: StatCan

OTTAWA — Canada's merchandise trade surplus fell to $422 million in February as exports fell more than imports. Statistics Canada said Wednesday the result compared with a revised surplus of $1.2 billion for January.
Ottawa and Edmonton cement manufacturer sign preliminary deal on carbon capture

Ottawa and Edmonton cement manufacturer sign preliminary deal on carbon capture

Project would store the equivalent of carbon produced by 300,000 passenger cars a year, says company
Jury awards $3.2 million to ex-Tesla worker for racial abuse

Jury awards $3.2 million to ex-Tesla worker for racial abuse

SAN FRANCISCO (AP) — A federal jury has awarded nearly $3.