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Enerplus looking to sell Canadian assets but will maintain head office

Enerplus looking to sell Canadian assets but will maintain head office

CALGARY — Enerplus Corp. says it is looking to sell its Canadian assets later this year but will maintain its head office.
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 (21,362.36, up 42.44 points.) Enbridge Inc. (TSX:ENB). Energy. Up 60 cents, or 1.1 per cent, to $54.59 on 22.7 million shares.
Shares of Facebook parent Meta plunge 22% on lower profits

Shares of Facebook parent Meta plunge 22% on lower profits

Meta, the company that owns Facebook, Instagram and WhatsApp, saw its stock plunge after-hours Wednesday after unexpectedly heavy spending on its “metaverse” project led to a rare decline in its fourth-quarter profit.
Bombardier faces renewed legal fight with lenders over sale of rail, plane businesses

Bombardier faces renewed legal fight with lenders over sale of rail, plane businesses

MONTREAL — Two lenders have turned to a U.S. court to demand compensation from Bombardier Inc. after the business jet maker sold off key assets over the past few years.
S&P/TSX composite enjoys strongest streak of year despite drop from big tech names

S&P/TSX composite enjoys strongest streak of year despite drop from big tech names

TORONTO — Canada's main stock index closed higher for a fourth-straight day despite a big drop by Shopify Inc. and the tech sector. The S&P/TSX composite index closed up 42.44 points to 21,362.
Macklem tells senators path for falling inflation rates is uncertain

Macklem tells senators path for falling inflation rates is uncertain

OTTAWA — The country's top central banker is warning of uncertainty for how quickly three-decade-high inflation rates will come back down to the Bank of Canada's comfort zone.
CNN president resigns after relationship with co-worker

CNN president resigns after relationship with co-worker

NEW YORK (AP) — CNN President Jeff Zucker abruptly resigned Wednesday after acknowledging a consensual relationship with another network executive — an entanglement that came to light during an investigation of now-fired anchor Chris Cuomo.
CGI tops expectations with higher first-quarter profit, expanding workforce

CGI tops expectations with higher first-quarter profit, expanding workforce

MONTREAL — CGI Inc. beat expectations as it reported profit growth of seven per cent year over year in its first quarter, driven by ongoing demand for digital services amid the COVID-19 pandemic.
Prince Rupert Port Authority and DP World announce expansion plans for port

Prince Rupert Port Authority and DP World announce expansion plans for port

PRINCE RUPERT, B.C. — The Prince Rupert Port Authority and DP World are boosting capacity on B.C.'s north coast amid ongoing supply chain challenges that an analyst says could bode well for Canadian National Railway Co.
‘Take back life’: More nations ease coronavirus restrictions

‘Take back life’: More nations ease coronavirus restrictions

GENEVA — Late-night partying at clubs. Elbow-to-elbow seating in movie theaters.
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