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National Business
CP Rail's US$31billion takeover of KCS gains final regulatory approval
CALGARY — The U.S. rail regulator is giving a green light to Canadian Pacific Railway Ltd. to take control of Kansas City Southern Railway Co. as early as April 14.
Mar 15, 2023 1:54 PM
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Regulator says Silicon Valley Bank's Canadian assets being restructured
OTTAWA — Canada's banking regulator says the Canadian branch of Silicon Valley Bank is being restructured in a way that will allow it to continue operations in the country.
Mar 15, 2023 1:51 PM
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French strike nationwide as garbage piles up over pensions
PARIS (AP) — A joint committee of Senate and National Assembly lawmakers has validated French President Emmanuel Macron's pension plan, meaning it could be submitted to votes by both houses of Parliament on Thursday, unless his government chooses to
Mar 15, 2023 1:03 PM
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LockBit carried out 101 cyberattacks in February: NordLocker report
A digital storage firm company says the ransomware group whose software was used to attack Indigo Books & Music carried out 101 attacks in the month of February, a record for the group that began operating in 2019.
Mar 15, 2023 12:51 PM
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Tech sectors expects collapse of SVB to have 'chilling' effect on investments
TORONTO — Members of Canada's technology sector say they're worried the collapse of the Silicon Valley Bank (SVB) will have a chilling effect on investments in the already-hampered sector.
Mar 15, 2023 11:47 AM
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US wholesale inflation fell last month on lower food costs
WASHINGTON (AP) — Wholesale price increases in the United States slowed sharply last month as food and energy costs declined, a sign that inflationary pressures may be easing as the Federal Reserve considers whether to keep raising interest rates to
Mar 15, 2023 10:13 AM
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'How are you going to compete?': Canadians grapple with tight housing market
Eight interest rate hikes in less than a year have left thousands of Canadians feeling like homeownership is out of reach for now — and maybe even forever. The benchmark rate, which sits at 4.
Mar 15, 2023 10:00 AM
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UK Treasury chief predicts no recession in Britain this year
LONDON (AP) — U.K.
Mar 15, 2023 9:38 AM
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CMHC says annual rate of housing starts climbed 13 per cent in February
OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts climbed 13 per cent in February.
Mar 15, 2023 8:37 AM
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US says Russian warplane hits American drone over Black Sea
KYIV, Ukraine (AP) — A Russian fighter jet struck the propeller of a U.S. surveillance drone over the Black Sea on Tuesday in a “brazen violation of international law,” causing American forces to bring down the unmanned aerial vehicle, the U.S. said.
Mar 15, 2023 1:19 AM
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