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National Business
National Business
Aritzia earns $37.3 million in Q4 as sales continue to climb in U.S. and Canada
VANCOUVER — Aritzia Inc. says its net income for the fourth quarter was $37.3 million, up 9.1 per cent from $34.2 million a year earlier. The Vancouver-based clothing retailer saw its net revenue climb 43.5 per cent in the quarter ended Feb.
May 2, 2023 3:25 PM
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Cirque du Soleil president says AI in entertainment world a low risk to company
MONTREAL — The head of Cirque du Soleil says artificial intelligence poses a low risk to the renowned Quebec company, even as debate is emerging about intellectual property protection for artists.
May 2, 2023 2:29 PM
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Canadian Tire to acquire 10 Bed Bath & Beyond leases for $1.6 million
TORONTO — Canadian Tire Corp. Ltd. says it's acquiring 10 former Bed Bath & Beyond leases to expand its Mark's and Pro Hockey Life banners. The Toronto-based retailer says it's taking on the leases for a final purchase price of $1.6 million.
May 2, 2023 2:24 PM
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Not every airline can succeed in Canada's crowded market: Flair CEO
CALGARY — Not all of the Canadian airlines currently jockeying for position in a crowded market are likely to survive in the long-term, said the CEO of Edmonton-based Flair Airlines on Tuesday.
May 2, 2023 2:20 PM
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Gordon Lightfoot music sees popularity surge following folk music legend's death
TORONTO — John Stinson had been listening to Gordon Lightfoot’s 1975 song, “Now and Then” on Monday shortly before it was announced that the Canadian folk music icon had died at 84.
May 2, 2023 2:19 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,407.56, down 207.54): Manulife Financial Corp. (TSX:MFC). Financials. Down 15 cents, or 0.56 per cent, to $26.68 on 13.
May 2, 2023 1:58 PM
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S&P/TSX composite down more than 200 points, U.S. markets also down
TORONTO — Canada's main stock index lost more than 200 points in a broad-based decline led by energy as crude prices sank, while U.S. stock markets also fell amid continued concern about the banking sector.
May 2, 2023 1:50 PM
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Public employees' remote work agreement just the beginning: labour expert
The agreement on remote and flexible work between public sector workers and the federal government could set the stage for future union negotiations, according to labour experts.
May 2, 2023 1:36 PM
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Stock market today: Wall Street drops as banks tumble again
NEW YORK (AP) — Stocks closed lower as shares of beleaguered banks tumbled again and worries about the economy worsened.
May 2, 2023 1:05 PM
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Hollywood writers begin strike, late-night shows go dark
NEW YORK (AP) — The first Hollywood strike in 15 years began Tuesday as the economic pressures of the streaming era prompted unionized TV and film writers to picket for better pay outside major studios, a work stoppage that is leading most late-night
May 2, 2023 12:31 PM
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