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RBC fossil fuel expansion funding jumped 45% last year to US$10.8B: report

RBC fossil fuel expansion funding jumped 45% last year to US$10.8B: report

TORONTO — Data from an environmental group shows RBC's fossil fuel expansion-related funding jumped by almost half last year to its highest level since the Paris climate agreement was reached in 2015. Stand.earth says the bank's US$10.
Nordstrom Canada to begin liquidation Tuesday after receiving court's permission

Nordstrom Canada to begin liquidation Tuesday after receiving court's permission

TORONTO — The liquidation sales at Nordstrom stores across Canada will begin Tuesday.
Amazon cuts 9,000 more jobs, bringing 2023 total to 27,000

Amazon cuts 9,000 more jobs, bringing 2023 total to 27,000

NEW YORK (AP) — Amazon plans to eliminate 9,000 more jobs in the next few weeks, CEO Andy Jassy said in a memo to staff on Monday.
New York Community Bank to buy failed Signature Bank

New York Community Bank to buy failed Signature Bank

NEW YORK (AP) — New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the Federal Deposit Insurance Corp. said late Sunday.
UBS to buy Credit Suisse for nearly $3.25B to calm turmoil

UBS to buy Credit Suisse for nearly $3.25B to calm turmoil

GENEVA (AP) — Banking giant UBS is buying troubled rival Credit Suisse for almost $3.25 billion, in a deal orchestrated by regulators in an effort to avoid further market-shaking turmoil in the global banking system.
Poilievre calls for testing that would allow doctors, nurses to work across Canada

Poilievre calls for testing that would allow doctors, nurses to work across Canada

OTTAWA — Conservative Leader Pierre Poilievre is calling for a countrywide standardized testing process that would speed up licence approvals for doctors and nurses.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Nordstrom sales A court hearing is expected to be held on Monday for Nordstrom Canada to seek approval of a liquidation sale as it prepares to shutter its 13 locati
Indigenous communities leading Canada's clean energy boom

Indigenous communities leading Canada's clean energy boom

CALGARY — On a wintry day last November, Daphne Kay looked up at an expanse of gleaming solar panels located on Cowessess First Nation reserve land just east of Reginaand cried.
Better late than never: Trudeau finally gets a home-turf visit from U.S. president

Better late than never: Trudeau finally gets a home-turf visit from U.S. president

WASHINGTON — Joe Biden's last official visit to Canada came with a palpable sense of foreboding. Change was in the air. Authoritarian leaders in Syria and Turkey were consolidating power. Britain had voted to leave the European Union.
Norad, Haiti, critical minerals expected to top Trudeau-Biden talking points

Norad, Haiti, critical minerals expected to top Trudeau-Biden talking points

WASHINGTON — U.S. President Joe Biden will spend two days in Canada beginning Thursday to meet with Prime Minister Justin Trudeau and speak to a joint session of Parliament, his first visit north of the border since taking the oath of office in 2021.