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S&P/TSX composite slips Tuesday on broad-based decline, U.S. markets fall further

S&P/TSX composite slips Tuesday on broad-based decline, U.S. markets fall further

TORONTO — Canada's main stock index was down almost 1.3 per cent Tuesday with broad-based losses led by technology, healthcare and financials, while U.S. stock markets slid more than two per cent. The S&P/TSX composite index was down 262.
Food prices continue to climb even as inflation eases

Food prices continue to climb even as inflation eases

TORONTO — As overall inflation slows, the cost of food continues to climb for Canadians — but experts say there should be some relief by the end of the year. Food prices grew by 10.
Suncor gives all-clear after incident at its Commerce City refinery in Colorado

Suncor gives all-clear after incident at its Commerce City refinery in Colorado

CALGARY — Suncor Energy Inc. has given the all-clear after responding to a vapor leak at its Commerce City refinery in Colorado.
Russia suspends only remaining major nuclear treaty with US

Russia suspends only remaining major nuclear treaty with US

MOSCOW (AP) — Russian President Vladimir Putin declared Tuesday that Moscow was suspending its participation in the New START treaty — the last remaining nuclear arms control pact with the United States — sharply upping the ante amid tensions with Wa
BMO Financial Group and BNP Paribas sign commercial banking deal

BMO Financial Group and BNP Paribas sign commercial banking deal

TORONTO — BMO Financial Group has signed a deal with BNP Paribas for a long-term agreement to help support its commercial banking clients. BMO completed its acquisition of California-based Bank of the West from BNP Paribas on Feb. 1.
Suncor announces Rich Kruger as new president and CEO

Suncor announces Rich Kruger as new president and CEO

CALGARY — A familiar face is returning to Canada's oil industry. Rich Kruger, who led Imperial Oil Ltd. as president and CEO from 2013 until his retirement in 2019, has been named the new chief executive of Suncor Energy Inc.
Canada's annual inflation rate slowed in January, serving good news for the BoC

Canada's annual inflation rate slowed in January, serving good news for the BoC

OTTAWA — The annual inflation rate slowed more than expected in January, suggesting the Bank of Canada is likely content with its decision to pause rate hikes as price pressures continue to ease.
4-day workweek trial: Shorter hours, happier employees

4-day workweek trial: Shorter hours, happier employees

LONDON (AP) — Work less, get more.
US home sales fell again in January; prices edged higher

US home sales fell again in January; prices edged higher

LOS ANGELES (AP) — The nation's housing slump dragged on into January as home sales fell for the 12th consecutive month to the slowest pace in more than a dozen years. The National Association of Realtors said Tuesday that existing U.S.
Teck Resources to split company and spin off steelmaking coal business

Teck Resources to split company and spin off steelmaking coal business

CALGARY — Teck Resources Ltd. has announced a plan to split the company in two, separating its steelmaking coal business from its base metals operations.