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National Business
Bank and insurer dividend hikes, share buybacks won't return during lockdown: OSFI
TORONTO — The head of Canada’s federal banking regulator won’t consider lifting restrictions that have kept banks and insurers from hiking dividends, offering share buybacks or increasing executive compensation until COVID-19 lockdowns have subsided.
Jan 11, 2021 2:22 PM
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Construction crews push to make parking lot field hospitals patient-ready
TORONTO — Long, white peaked structures have cropped up around Ontario hospitals — and while they use the same blueprint as military barracks and greenhouses, construction workers are working to transform them into state-of-the art hospital wings.
Jan 11, 2021 1:30 PM
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Pandemic job concerns could pose problem in long-term, Bank of Canada says
OTTAWA — Consumers' concerns about finding work during the pandemic could signal longer-term problems for the country's labour market, the Bank of Canada says.
Jan 11, 2021 1:25 PM
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Bank CEOs say economic rebound is coming, but short term looking 'not as good'
TORONTO — The leaders of Canada’s top banks believe an economic rebound is on the horizon, but say the short-term looks difficult and spending won’t truly pick up until the back half of 2021 or even 2022.
Jan 11, 2021 12:09 PM
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Saving some favourite NYC places through online campaigns
NEW YORK — The boarded up windows and For Rent signs are all over the place in Manhattan's Hell's Kitchen neighbourhood , where restaurants are closed and businesses shuttered. Nearby, the Broadway theatres are all dark.
Jan 11, 2021 11:50 AM
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Armenian, Azerbaijani leaders in Russia for talks
MOSCOW — Russian President Vladimir Putin on Monday hosted his counterparts from Armenia and Azerbaijan to discuss reopening transport routes in the region that have been paralyzed for nearly three decades amid a conflict over Nagorno-Karabakh.
Jan 11, 2021 11:39 AM
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Chunky bootmaker Dr. Martens to sell shares to public
LONDON — The maker of Dr.
Jan 11, 2021 11:34 AM
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Porter Airlines delays service restart, eyes March 29 as tentative date
TORONTO — Porter Airlines has once more delayed its plans to restart flights, setting March 29 as a new tentative date, just over a year since it first suspended operations.
Jan 11, 2021 10:32 AM
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Maple Leaf Foods looks to expand tempeh production capacity in Indiana
MISSISSAUGA, Ont. — Maple Leaf Foods Inc. says it plans to spend US$100 million to increase tempeh production capacity with the acquisition of a food processing plant in Indianapolis.
Jan 11, 2021 8:48 AM
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Lululemon says fourth-quarter sales and profit at top end of expectations
VANCOUVER — Lululemon Athletica Inc. says revenue and earnings for its fourth quarter are forecast to come in at the top end of its earlier expectations.
Jan 11, 2021 8:48 AM
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