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OPSEU files lawsuit alleging financial improprieties against 3 former execs

OPSEU files lawsuit alleging financial improprieties against 3 former execs

TORONTO — The Ontario Public Service Employees' Union has filed a lawsuit against three former executives, alleging financial improprieties.
First Quantum Minerals releases preliminary production for 2022 and guidance

First Quantum Minerals releases preliminary production for 2022 and guidance

VANCOUVER — First Quantum Minerals Ltd. says it expects copper and gold production for 2022 to be down from 2021, at 4.9 per cent and 8.3 per cent respectively, while it expects nickel production to be 29.4 per cent higher.
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 (20,390.33, up 30.23): Bank of Nova Scotia (TSX:BNS). Financials. Up 39 cents, or 0.56 per cent, to $69.58 on 10.2 million shares.
Union calls CRA labour complaint hypocritical ahead of strike votes and tax season

Union calls CRA labour complaint hypocritical ahead of strike votes and tax season

The union representing more than 35,000 Canada Revenue Agency (CRA) employees said the agency's recent labour practices complaint against it is hypocritical as strike votes loom ahead of tax season.
S&P/TSX composite makes small gain Monday ahead of inflation release

S&P/TSX composite makes small gain Monday ahead of inflation release

TORONTO — Canada's main stock index saw a small uptick Monday as broad-based gains helped keep it in the green on a slow trading day. The S&P/TSX composite index was up 30.23 points at 20,390.33. With U.S.
P.E.I. premier asking Ottawa to reduce tolls for Confederation Bridge and ferry fares

P.E.I. premier asking Ottawa to reduce tolls for Confederation Bridge and ferry fares

CHARLOTTETOWN — The premier of Prince Edward Island is asking the federal government to reduce the tolls for the Confederation Bridge to make trips to and from the mainland more affordable.
Bank of Canada's business and consumer surveys show signs of a weakening economy

Bank of Canada's business and consumer surveys show signs of a weakening economy

OTTAWA — With high inflation and rising interest rates taking a bite out of paycheques, the Bank of Canada says businesses expect sales to slow as consumers pull back on spending.
Bank of Canada appoints Nicolas Vincent as new deputy governor

Bank of Canada appoints Nicolas Vincent as new deputy governor

OTTAWA — The Bank of Canada has appointed Nicolas Vincent, an economics professor at HEC Montreal, as a non-executive deputy governor for a two-year term.
CREA predicts 2023 home sales to edge down 0.5% from 2022 mark

CREA predicts 2023 home sales to edge down 0.5% from 2022 mark

The Canadian Real Estate Association expects home sales to edge down less than one per cent and prices to fall almost six per cent from 2022, which ended with the market in a sluggish state as sellers and buyers sat on the sidelines.
Michele Romanow steps down as Clearco CEO as company lays off staff again

Michele Romanow steps down as Clearco CEO as company lays off staff again

TORONTO — Michele Romanow is stepping down from her chief executive role at Clearco as the e-commerce investing business she co-founded lays off staff.