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Canada posts $2.5B trade surplus for March as imports and exports hit record highs

Canada posts $2.5B trade surplus for March as imports and exports hit record highs

OTTAWA — Canada posted a $2.5-billion merchandise trade surplus for March as both imports and exports climbed to record highs, Statistics Canada said Wednesday. The result compared with a revised surplus of $3.
Intuit to pay $141M settlement over 'free' TurboTax ads

Intuit to pay $141M settlement over 'free' TurboTax ads

NEW YORK (AP) — The company behind the TurboTax tax-filing program will pay $141 million to customers across the United States who were deceived by misleading promises of free tax-filing services, New York's attorney general announced Wednesday.
ATCO to build fuelling stations for CP Rail's hydrogen locomotive program

ATCO to build fuelling stations for CP Rail's hydrogen locomotive program

CALGARY — ATCO Group says it has reached a deal with Canadian Pacific Railway Ltd. to build two hydrogen production and refuelling stations in Alberta.
DesRosiers says Canadian auto sales dropped 13 per cent in April

DesRosiers says Canadian auto sales dropped 13 per cent in April

TORONTO — DesRosiers Automotive Consultants says auto sales were down 13.3 per cent in April compared to the same month a year earlier when the semiconductor shortage first started to significantly hamper sales.
More traditional finance professionals shifting to crypto as sector grows up

More traditional finance professionals shifting to crypto as sector grows up

TORONTO — Jillian Friedman was first drawn to the cryptocurrency world a decade ago by the idea of building a new, open-sourced financial system, but the shaky structures and lack of diversity in the early days pushed her into a traditional banking c
April's home sales down 41% from last year, 27% since March: Toronto realty board

April's home sales down 41% from last year, 27% since March: Toronto realty board

TORONTO — Prospective homebuyers saw clear signs of a cooling Toronto market in April as the region's real estate board reported sales dropped by about 41 per cent since last year and 27 per cent from a month earlier.
Human rights advocate to lead PEN's writers' protection work

Human rights advocate to lead PEN's writers' protection work

NEW YORK (AP) — The literary writer’s organization PEN America is expanding its support of writers around the world who face imprisonment for their work by hiring human rights advocate Liesl Gerntholtz to head the new PEN/Barbey Freedom to Write Cent
Barrick Q1 profit down, performance component boosts quarterly dividend to 20 cents

Barrick Q1 profit down, performance component boosts quarterly dividend to 20 cents

TORONTO — Barrick Gold Corp. reported a first-quarter profit of US$438 million, down from US$538 million in the same quarter last year.
EU takes major step toward Russian oil ban, new sanctions

EU takes major step toward Russian oil ban, new sanctions

BRUSSELS (AP) — The European Union's top official on Wednesday called on the 27-nation bloc to ban oil imports from Russia and target the country’s biggest bank and major broadcasters in a sixth package of sanctions over the war in Ukraine .
Russia storms Mariupol plant as some evacuees reach safety

Russia storms Mariupol plant as some evacuees reach safety

ZAPORIZHZHIA, Ukraine (AP) — Russian forces Tuesday began storming the steel mill containing the last pocket of resistance in Mariupol, Ukrainian defenders said, just as scores of civilians evacuated from the bombed-out plant reached relative safety