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Economy, Law & Politics

S&P/TSX down more than 100 points, U.S. markets mixed ahead of rate decision

S&P/TSX down more than 100 points, U.S. markets mixed ahead of rate decision

TORONTO — Canada's main stock index fell more than 100 points Friday, led by losses in base metal and telecom stocks, while U.S. stock markets were mixed ahead of next week's interest rate decision from the U.S. Federal Reserve.
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Ottawa to remove 30% investment cap for Canadian pension funds

Ottawa to remove 30% investment cap for Canadian pension funds

TORONTO — Finance Minister Chrystia Freeland says the upcoming fall economic statement on Monday will remove the cap that currently restricts Canadian pension funds from owning more than 30 per cent of the voting shares of a Canadian entity.
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Federal minister asks labour board to intervene in Canada Post strike

Federal minister asks labour board to intervene in Canada Post strike

Mail could begin moving again in Canada as early as next week after the federal government moved Friday to end the nearly month-long work stoppage at Canada Post.
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Stock market today: Wall Street ends mixed after a bumpy week

Stock market today: Wall Street ends mixed after a bumpy week

Stock indexes closed mixed on Wall Street at the end of a rare bumpy week. The S&P 500 ended little changed Friday. The benchmark index reached its latest in a string of records a week ago.
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Woman who preyed on Chinese students fined $3.3 million by BC Securities Commission

Woman who preyed on Chinese students fined $3.3 million by BC Securities Commission

VANCOUVER — A woman who used "high-pressure tactics and predatory conduct" on Chinese students has been fined $3.3 million by the BC Securities Commission.
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Rob Shaw: Eby cautiously steps onto Trump's trade war tightrope

Rob Shaw: Eby cautiously steps onto Trump's trade war tightrope

B.C. premier says province prepared to enact retaliatory tariffs against Americans
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Canadian officials eyed 'new opportunities' no matter who won U.S. election: memos

Canadian officials eyed 'new opportunities' no matter who won U.S. election: memos

OTTAWA — As the U.S.
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Eby fired her. Now, Selina Robinson tells all in new book

Eby fired her. Now, Selina Robinson tells all in new book

The former Coquitlam–Maillardville MLA and cabinet minister has a memoir out on Dec. 18, 2024.
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Canada not a significant source of fentanyl flowing into U.S., CBSA says

Canada not a significant source of fentanyl flowing into U.S., CBSA says

OTTAWA — As Canada looks to beef up its border security after president-elect Donald Trump threatened tariffs while raising concerns about illicit fentanyl pouring into his country, border officials pointed out there's barely any coming from Canada.
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B.C. mutual fund dealer fined $50K after diverting $3.8M of seniors’ funds

B.C. mutual fund dealer fined $50K after diverting $3.8M of seniors’ funds

Royal Mutual Funds Inc. mutual fund dealer diverted millions of dollars from accounts of retired clients to online brokerages
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