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German regulator: winter gas shortage increasingly unlikely

German regulator: winter gas shortage increasingly unlikely

BERLIN (AP) — Germany's network regulator said Thursday that a gas shortage is “increasingly unlikely” this winter, but cautioned that it remains important to use the fuel sparingly.
December home sales down 48% from last year as fall from 2021 record continues: TRREB

December home sales down 48% from last year as fall from 2021 record continues: TRREB

TORONTO — The Greater Toronto Area capped off a tumultuous year with its ninth straight month of declining home prices and almost half the sales seen a year ago.
Saskatchewan travel agents say they could lose thousands with Sunwing cancellations

Saskatchewan travel agents say they could lose thousands with Sunwing cancellations

Kelly Klassen was driving to central Alberta with her family to visit her brother for the holidays when the emails started filling her inbox. The travel agent from Rosthern, Sask.
Precision Drilling beats debt reduction goal for 2022

Precision Drilling beats debt reduction goal for 2022

CALGARY — Precision Drilling Corp. says it has beat its debt reduction goal for 2022. The company says it reduced its total debt by C$106 million in 2022, exceeding its C$75-million debt reduction goal. As of Dec.
CIBC agrees to settle overtime class-action lawsuit, will pay $153 million

CIBC agrees to settle overtime class-action lawsuit, will pay $153 million

TORONTO — CIBC has agreed to pay a total of $153 million to settle a class-action lawsuit filed more than a decade ago over the bank's overtime policies, lawyers for the plaintiffs say.
Don't neglect bonds this year despite tough 2022, experts say

Don't neglect bonds this year despite tough 2022, experts say

OTTAWA — Bond portfolios took a beating in 2022 as interest rates climbed, but experts say investors shouldn't neglect bonds this year as the Bank of Canada nears the end of its rate hike cycle.
Fewer Americans file for jobless claims last week

Fewer Americans file for jobless claims last week

WASHINGTON (AP) — Fewer Americans applied for jobless benefits last week, reflecting a still-robust job market despite the Federal Reserve's efforts to cool the economy and bring down decades-high inflation.
2022 auto sales lowest since 2009, rise in December: DesRosiers

2022 auto sales lowest since 2009, rise in December: DesRosiers

DesRosiers Automotive Consultants Inc. says light vehicle sales were up 5.5 per cent in December compared with last year but were down for the whole year.
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 (19,588.83, up 145.06): Toronto-Dominion Bank (TSX:TD). Financials. Up $1.14, or 1.30 per cent, to $88.81 on 19.9 million shares.
S&P/TSX composite index rises despite oil price weakness, U.S. markets also up

S&P/TSX composite index rises despite oil price weakness, U.S. markets also up

TORONTO — Canada's main stock index gained almost 150 points on Wednesday, buoyed by strength in the financial and technology sectors despite weakness in energy stocks, while U.S. markets also rose. The S&P/TSX composite index was up 145.