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Infrastructure bank to invest up to $300 million in Montreal port expansion

Infrastructure bank to invest up to $300 million in Montreal port expansion

MONTREAL — The Canadian Infrastructure Bank is pledging up to $300 million in financing for a new container terminal project at the Port of Montreal, though regulatory approval is still pending.
Dollarama shares drop despite third-quarter profit and sales up from year ago

Dollarama shares drop despite third-quarter profit and sales up from year ago

MONTREAL — Shares in Dollarama Inc. dropped nearly nine per cent Wednesday despite reporting strong third-quarter results. The discount retail chain saw same-store sales jump 5.3 per cent for the quarter ended Nov. 3 — exceeding the 3.

Canadian Natural stock jumps on $250M budget boost to drill Alberta wells

CALGARY — Shares in Canadian Natural Resources Ltd. rose by almost four per cent on Wednesday after it announced it will spend $250 million more in 2020 than it did last year to drill conventional oil wells in Alberta.
Loblaw recalls some President's Choice coleslaw due to possible salmonella

Loblaw recalls some President's Choice coleslaw due to possible salmonella

OTTAWA — Loblaw Companies Ltd. is recalling a President's Choice coleslaw due to possible salmonella contamination.
Survey: Businesses added just 67,000 jobs in November

Survey: Businesses added just 67,000 jobs in November

WASHINGTON — U.S. companies added just 67,000 jobs in November, a private survey found, barely half the gain of the previous month. Payroll processor ADP said that manufacturers, construction firms and mining companies cut 18,000 jobs combined.
Bank of Canada keeps key interest rate target on hold at 1.75 per cent

Bank of Canada keeps key interest rate target on hold at 1.75 per cent

OTTAWA — The Bank of Canada kept its key interest rate on hold Wednesday, noting that while global recession concerns are waning, trade conflicts and related uncertainty continue to remain a key risk.
RBC executives say bank expects challenging environment but opportunity for growth

RBC executives say bank expects challenging environment but opportunity for growth

TORONTO — Royal Bank of Canada expects to face a challenging environment in the coming year amid uncertainty about where interest rates are headed but believes it's well-prepared to gain market share, RBC officials said Wednesday after the bank annou
Kid Rock's Detroit eatery closing after his profane comments

Kid Rock's Detroit eatery closing after his profane comments

DETROIT — Kid Rock won't renew his licensing agreement for Kid Rock's Made in Detroit restaurant, the owners of the sports arena in which it's housed said Wednesday.

Cannabis company Wayland Group Corp. files for creditor protection

TORONTO — Cannabis company Wayland Group Corp. says it has filed for creditor protection to give it more time to raise money and consider restructuring deals.
Laurentian Bank reports Q4 profit down from year ago, raises dividend

Laurentian Bank reports Q4 profit down from year ago, raises dividend

MONTREAL — Laurentian Bank of Canada raised its dividend as it reported that its fourth-quarter profit fell compared with year ago. The bank increased its quarterly payment to shareholders by a penny to 67 cents per share.
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