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National Business
National Business
Sycamore Partners-owned Rona cutting about 300 jobs, two distribution centres
BOUCHERVILLE, Que. — Rona Inc. says it's cutting about 300 jobs and closing two distribution centres as part of a plan to adjust its operating model and eliminate inefficiencies.
Jan 24, 2024 11:06 AM
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'I didn’t have that kind of money': Know your legal rights on rent increases
When Nandini Gokhale took over a friend’s lease for a bedroom in an Ottawa home in 2020, she was happy she'd found an affordable space in the middle of the pandemic.
Jan 24, 2024 10:40 AM
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Text of the Bank of Canada's latest interest rate decision
OTTAWA — The Bank of Canada kept its key interest rate target on hold at five per cent on Wednesday.
Jan 24, 2024 10:36 AM
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Firehouse Subs pitches first responders, vets in opening restaurants as rivals circle
TORONTO — As competitors circle the market, Firehouse Subs is on a mission to lure in an uncommon set of restaurant owners to help it grow the brand in Canada.
Jan 24, 2024 9:45 AM
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Restaurant company MTY Food Group raising quarterly dividend 12%
MONTREAL — MTY Food Group Inc. says it is raising its quarterly dividend by 12 per cent. The restaurant franchisor and operator says it will now pay shareholders a quarterly dividend of 28 cents per share, up from 25 cents per share.
Jan 24, 2024 8:11 AM
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Oregon jury awards $85 million to 9 victims of deadly 2020 wildfires
PORTLAND, Ore.
Jan 23, 2024 8:51 PM
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CN Rail gears up for waves made by Red Sea conflict
MONTREAL — Canadian National Railway Co. is girding itself for ripple effects from the conflict in the Red Sea, where attacks on cargo vessels have prompted a wholesale shift in global shipping.
Jan 23, 2024 7:33 PM
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Manulife to offer Aeroplan points to group benefits members
TORONTO — Manulife Financial Corp. says it has reached a deal to offer Aeroplan loyalty points to group benefits members through its new digital platform.
Jan 23, 2024 6:04 PM
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N.L. halts first ride-share permit within days, cites 'new information' about owner
ST. JOHN'S, N.L. — Just days after celebrating the issuing of the province's first ride-sharing licence, the Newfoundland and Labrador government has suspended it, citing possible "new information" about the successful company.
Jan 23, 2024 5:09 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 (21,034.59, up 110.29 points): Royal Bank of Canada. (TSX:RY). Finance. Up 33 cents, or 0.25 per cent, to $133.74 on 8.8 million shares.
Jan 23, 2024 4:48 PM
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