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Alimentation Couche-Tard buying U.S. company True Blue Car Wash

Alimentation Couche-Tard buying U.S. company True Blue Car Wash

LAVAL, Que. — Alimentation Couche-Tard Inc. has signed a deal to buy all of the membership interests of U.S. company True Blue Car Wash LLC.
Associates of FTX founder plead guilty to criminal charges

Associates of FTX founder plead guilty to criminal charges

NEW YORK (AP) — Two top associates of Sam Bankman-Fried have pleaded guilty to criminal charges in the collapse of the cryptocurrency exchange FTX in cooperation deals, a federal prosecutor announced Wednesday in a stunning development that came as t
B.C. pauses electricity connections for crypto mining, citing 'massive' consumption

B.C. pauses electricity connections for crypto mining, citing 'massive' consumption

VICTORIA — The British Columbia government is temporarily suspending requests for electricity connections from cryptocurrency mining operations, saying the decision is aimed at preserving the power supply while supporting climate action and economic
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 Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,571.1, up 264.21): Suncor Energy Inc. (TSX:SU). Energy. Up $1.04, or 2.52 per cent, to $42.29 on 9.8 million shares.
S&P/TSX composite up 1.4 per cent, U.S. markets also rise

S&P/TSX composite up 1.4 per cent, U.S. markets also rise

TORONTO — Canada's main stock index gained almost 1.4 per cent Wednesday on broad-based gains, while U.S. markets rose further. The S&P/TSX composite index was up 264.21 points at 19,571.1.
Nova Scotia Power bond rating downgraded by credit rating agency DBRS Morningstar

Nova Scotia Power bond rating downgraded by credit rating agency DBRS Morningstar

HALIFAX — A prominent credit rating agency has downgraded the bonds of Nova Scotia's electrical utility amid the company's conflicts with the provincial government.
Wall Street gains ground, turning higher for the week

Wall Street gains ground, turning higher for the week

NEW YORK — Stocks rose on Wall Street, lifting major indexes into the green for the week as investors welcomed a report showing consumer confidence is holding up better than expected.
Should Canada produce more medicine amid ongoing shortages? Trudeau isn't sure

Should Canada produce more medicine amid ongoing shortages? Trudeau isn't sure

OTTAWA — As Canada faces an ongoing shortage of children's medications, Prime Minister Justin Trudeau says he doesn't know if ramping up domestic production of pharmaceuticals is the right approach to addressing the problem.
Inflation rate falls slightly in November even as grocery, shelter costs rise rapidly

Inflation rate falls slightly in November even as grocery, shelter costs rise rapidly

OTTAWA — The country's annual inflation rate edged down slightly in November, but that's little relief for Canadians as grocery and shelter costs remain stubbornly high.
Food prices in Canada rise at faster pace than overall inflation, 12 months in a row

Food prices in Canada rise at faster pace than overall inflation, 12 months in a row

Grocery inflation in Canada surged again in November as the price of basics like bread, eggs and dairy products shot up. Prices for food purchased from stores rose 11.