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Tourmaline Oil reports Q4 earnings of $629 million and 12 per cent production rise

Tourmaline Oil reports Q4 earnings of $629 million and 12 per cent production rise

CALGARY — Tourmaline Oil Corp. is reporting higher fourth-quarter earnings and production along with a 14 per cent increase in its dividend following a year in which it completed four corporate acquisitions.
S&P/TSX composite sets new highs on easing of inflation concerns and energy gains

S&P/TSX composite sets new highs on easing of inflation concerns and energy gains

TORONTO — Canada's main stock index continued its record run on dissipating inflation fears and further signs of a bigger economic reopening. The S&P/TSX composite index increased 90.81 points to a record close of 18,690.
Insurers applaud high-profile court ruling on life insurance investments

Insurers applaud high-profile court ruling on life insurance investments

TORONTO — A group representing the life insurance industry says a decision by the Saskatchewan Court of Appeal will support consumer protection rules that separate banking from insurance.
Empire Company looks to set itself apart through pay bonuses, supplier relations

Empire Company looks to set itself apart through pay bonuses, supplier relations

One of Canada's biggest supermarket chains is positioning itself as Canada's "fair but tough" grocery retailer, reinstating pay bonuses for front-line workers and refusing to unilaterally impose fee increases on suppliers.
Music? Yes. Dancing? No, as New Orleans eases virus rules

Music? Yes. Dancing? No, as New Orleans eases virus rules

NEW ORLEANS — Live indoor music can resume in New Orleans beginning this weekend, city officials announced Wednesday, but dancing will remain prohibited, while venues, performers and audiences will be under strict requirements to employ measures to c
Six per cent of firms have board chairwoman; CSA mulls role in corporate diversity

Six per cent of firms have board chairwoman; CSA mulls role in corporate diversity

TORONTO — A report from the Canadian Securities Administrators says that women now sit in two out of 10 corporate board seats — but just six per cent are chairwomen of public Canadian companies surveyed.
Saskatchewan's Moe says revenue, length of pandemic behind doubt on 2024 deficit goal

Saskatchewan's Moe says revenue, length of pandemic behind doubt on 2024 deficit goal

REGINA — Saskatchewan Premier Scott Moe says revenue uncertainty is why his government doubts it will eliminate the province's $2-billion deficit by a campaign pledge of 2024.
Russia slows down Twitter, part of social media clampdown

Russia slows down Twitter, part of social media clampdown

MOSCOW — Russian authorities said Wednesday they are slowing down the speed of uploading photos and videos to Twitter over its failure to remove banned content — part of growing efforts to curb social media platforms that have played a major role in
Big music festival announces lineup for return to Las Vegas

Big music festival announces lineup for return to Las Vegas

LAS VEGAS — The Life is Beautiful arts and music festival announced its performer lineup on Wednesday, making a return of large annual events to Las Vegas after they were cancelled last year because of the coronavirus pandemic.
Just Energy granted court protection from creditors after Texas storm losses

Just Energy granted court protection from creditors after Texas storm losses

CALGARY — Canadian natural gas and electricity retailer Just Energy Group Inc. says it has received court protection from creditors in Canada and the United States after incurring losses during severe winter storms in Texas last month.