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BDC leads US$50M funding round for Calgary-based lithium company

BDC leads US$50M funding round for Calgary-based lithium company

CALGARY — A new fund launched in November by the Business Development Bank of Canada to help foster the growth of homegrown climate technology has made its largest investment yet.
Qantas plane lands safely after mayday call made over ocean

Qantas plane lands safely after mayday call made over ocean

SYDNEY (AP) — A Qantas flight traveling from New Zealand to Sydney landed safely after it issued a mayday call over the Pacific Ocean on Wednesday. Qantas Flight 144 landed at Sydney Airport from Auckland, New Zealand, after a 3.
Nobel winner Maria Ressa, news outlet cleared of tax evasion

Nobel winner Maria Ressa, news outlet cleared of tax evasion

MANILA, Philippines (AP) — Nobel Peace Prize winner Maria Ressa and her online news company were cleared Wednesday of tax evasion charges she said were among a slew of legal cases used by former Philippine President Rodrigo Duterte to try to muzzle c
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 Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,457.46, up 67.13): Toronto-Dominion Bank (TSX:TD). Financials. Up 85 cents, or 0.95 per cent, to $89.95 on 10.5 million shares.
Federal government delivers $9.7 million to support Alberta jobs, hydrogen industry

Federal government delivers $9.7 million to support Alberta jobs, hydrogen industry

EDMONTON — The federal government delivered nearly $10 million Tuesday to support Alberta's growing hydrogen industry as the province continues to accuse Ottawa of wanting to shut down jobs in its energy sector.
ICBC president Nicolas Jimenez leaves to take the top job at BC Ferries

ICBC president Nicolas Jimenez leaves to take the top job at BC Ferries

VICTORIA — The president and CEO of the Insurance Corporation of B.C. is leaving to take on the same job at BC Ferries. The insurance corporation says in a news release that Nicolas Jimenez has been with them for almost 20 years.
S&P/TSX composite posts small gain, U.S. markets mixed

S&P/TSX composite posts small gain, U.S. markets mixed

TORONTO — Strength in the energy, utility and industrial sectors helped Canada's main stock post a small gain Tuesday despite weakness in metals, while U.S. markets were mixed. The S&P/TSX composite index was up 67.13 points at 20,457.46.
Food inflation remains stubbornly high despite efforts to quell inflation

Food inflation remains stubbornly high despite efforts to quell inflation

TORONTO — Food inflation outpaced overall inflation for months, with grocery prices hitting double-digit increases in 2022, and economists say it will take longer to subside than overall inflation.
Lawyer for ex-OPSEU president says union's allegations untrue

Lawyer for ex-OPSEU president says union's allegations untrue

TORONTO — A lawyer for the former president of the Ontario Public Service Employees Union says allegations of financial improprieties in a lawsuit launched by the union are untrue.
Stocks close mixed on Wall Street in uneven trading

Stocks close mixed on Wall Street in uneven trading

NEW YORK — Major U.S. indexes closed mixed on Wall Street at the beginning of a holiday-shortened, but earnings-heavy week. The S&P 500 fell 0.2% Tuesday and the Nasdaq edged up 0.1%. The Dow Jones Industrial Average fell 1.