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Scotiabank Q3 profit beats expectations, says high deposit levels reducing risk

Scotiabank Q3 profit beats expectations, says high deposit levels reducing risk

TORONTO — The head of Scotiabank says a big jump in deposits over the course of the pandemic has allowed the bank to reduce its credit loss provisions as part of a trend that could last years.
A repayment strategy is the quickest path to becoming debt free

A repayment strategy is the quickest path to becoming debt free

In July, Zandile Chiwanza popped a bottle of champagne and called her friends to celebrate a major milestone: she had just finished paying off approximately $50,000 in debt.
Chad's former dictator Hissene Habre dies of COVID-19 at 79

Chad's former dictator Hissene Habre dies of COVID-19 at 79

DAKAR, Senegal (AP) — Chad's former dictator Hissene Habre, the first former head of state to be convicted of crimes against humanity by an African court after his government was accused of killing tens of thousands of people, has died in Senegal.
New York theater leaders agree on a New Deal for Broadway

New York theater leaders agree on a New Deal for Broadway

NEW YORK (AP) — A wide Broadway coalition of theater owners, producers, union leaders, creators and casting directors have hammered out a series of reforms and commitments for the theater industry to ensure equity, diversity, inclusion and accessibil
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 Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,477.26, up 138.24 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 71 cents, or 3.16 per cent, to $23.16 on 9.9 million shares.
Canadians with lowest credit scores led wave of pandemic credit card debt repayment

Canadians with lowest credit scores led wave of pandemic credit card debt repayment

TORONTO — Canadians with the lowest credit ratings repaid the most credit card debt in the first year of the pandemic as part of a wave of non-mortgage debt repayments, Statistics Canada said Monday. Overall non-mortgage debt fell by a record $20.
Energy helps lift S&P/TSX composite higher as oil climbs, loonie up

Energy helps lift S&P/TSX composite higher as oil climbs, loonie up

TORONTO — Canada’s main stock index rebounded Monday as investors continued to watch for hints from the U.S. Federal Reserve on whether it will make a formal decision this week about a possible scaling back of its bond buying program.
US regulators give full approval to Pfizer COVID-19 vaccine

US regulators give full approval to Pfizer COVID-19 vaccine

WASHINGTON (AP) — The U.S.
National Bank's direct brokerage division launches no commission trading

National Bank's direct brokerage division launches no commission trading

MONTREAL — National Bank says its direct brokerage division will no longer charge commissions for online trades as the competition for retail traders intensifies.
Pentagon to mandate COVID-19 vaccine, as Pfizer is approved

Pentagon to mandate COVID-19 vaccine, as Pfizer is approved

WASHINGTON (AP) — The Pentagon says it will require service members to receive the COVID-19 vaccine now that the Pfizer vaccine has received full approval.