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National Business
Competition Bureau seeks input on RBC's proposed takeover of HSBC Bank Canada
OTTAWA — The Competition Bureau has put out a call for information to help it review Royal Bank of Canada's proposed takeover of HSBC Bank Canada.
May 1, 2023 5:22 PM
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Project progress under Impact Assessment Act remains slow: Report
CALGARY — The approvals process for major projects in Canada continues to be slow and cumbersome under revamped environmental assessment legislation, according to a new report.
May 1, 2023 5:05 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,615.10, down 21.44 points): Manulife Financial Corporation. (TSX:MFC). Finance. Up eight cents, or 0.3 per cent, to $26.83 on 11.
May 1, 2023 5:02 PM
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S&P/TSX composite dips on Monday, U.S. stock markets also slip
TORONTO — Weakness in energy stocks drove Canada's main stock index to dip on Monday, while U.S. stock markets also fell to start the trading week. Stephen Duench, vice-president and portfolio manager for AGF Investments Inc.
May 1, 2023 4:46 PM
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Yellen says US could hit debt ceiling as soon as June 1
WASHINGTON (AP) — Treasury Secretary Janet Yellen notified Congress on Monday that the U.S. is projected to reach its debt limit as early as June 1, if the body does not raise or suspend the debt limit before then.
May 1, 2023 4:38 PM
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First Republic Bank seized, sold in fire sale to JPMorgan
NEW YORK (AP) — Regulators seized troubled First Republic Bank early Monday, making it the second-largest bank failure in U.S.
May 1, 2023 4:24 PM
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FDIC recommends raising insured deposit limit for businesses
NEW YORK (AP) — U.S. businesses might be able to secure bank deposit insurance for accounts holding more than $250,000 if Congress agrees with the Federal Deposit Insurance Corp.
May 1, 2023 4:07 PM
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Stock market today: Markets drift after latest bank failure
NEW YORK (AP) — Stocks drifted to a mixed close on Wall Street as investors braced for what they hope will be the last hike to interest rates for a long time. The S&P 500 closed virtually unchanged Monday as the latest historic U.S.
May 1, 2023 4:07 PM
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Under pressure from crypto miners, NB Power places pause on electricity requests
FREDERICTON — New Brunswick's electric utility imposed a moratorium on providing new service to cryptocurrency mining operations last year, saying it was concerned about its ability to meet the increasing demands from the power-hungry sector.
May 1, 2023 4:05 PM
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Stop-work order after fire at Nova Scotia's Donkin coal mine, no injuries reported
HALIFAX — A weekend fire at Cape Breton’s Donkin coal mine has resulted in a precautionary halt placed on the underground operation by provincial safety officials.
May 1, 2023 3:22 PM
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