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Empire reports Q4 profit up, CEO says food inflation at its stores remained stable

Empire reports Q4 profit up, CEO says food inflation at its stores remained stable

Empire Co. Ltd.’s top executive said the company’s price inflation remained stable during its latest quarter and that he expects the trend to continue, as the grocery retailer reported its latest financial results.
Trump extends TikTok ban deadline for a third time

Trump extends TikTok ban deadline for a third time

WASHINGTON (AP) — President Donald Trump on Thursday signed an executive order to keep TikTok running in the U.S. for another 90 days to give his administration more time to broker a deal to bring the social media platform under American ownership.
CAPP survey shows oilpatch spends billions on Indigenous-affiliated businesses

CAPP survey shows oilpatch spends billions on Indigenous-affiliated businesses

CALGARY — Oilpatch companies are big spenders on Indigenous-affiliated businesses, according to a survey commissioned by the Canadian Association of Petroleum Producers released Thursday.
Home construction must double over next decade to restore 2019 affordability: CMHC

Home construction must double over next decade to restore 2019 affordability: CMHC

Canada Mortgage and Housing Corp. says up to 4.8 million new homes will need to be built over the next decade to restore affordability levels last seen in 2019 based on projected demand.
Canada's EV market was already in trouble. Tariffs made it worse, Ontario workers say

Canada's EV market was already in trouble. Tariffs made it worse, Ontario workers say

INGERSOLL — Bob Pulham recalls the optimism in the air when General Motors began producing electric vans in Ingersoll, Ont., in late 2022.
Toronto police charge 11 suspects in taxi scam investigation

Toronto police charge 11 suspects in taxi scam investigation

Toronto police say 11 people face more than 100 criminal charges after an investigation into a taxi scam targeting unsuspecting victims in the city.
Descartes Systems Group acquires PackageRoute for about US$2 million

Descartes Systems Group acquires PackageRoute for about US$2 million

TORONTO — Logistics software company Descartes Systems Group says it has acquired PackageRoute for about US$2 million.
Thorough estate planning 'one of the most loving things': financial planner

Thorough estate planning 'one of the most loving things': financial planner

What does it matter if I'm going to be dead anyway? It's a comment sometimes heard by Julia Chung, an advice-only financial planner at Spring Planning in Vancouver. Her retort: "It isn't about you. It's about the people that you leave behind.
BMO Financial Group to buy Burgundy Asset Management for $625 million

BMO Financial Group to buy Burgundy Asset Management for $625 million

TORONTO — BMO Financial Group has signed a deal to buy Burgundy Asset Management Ltd. for $625 million in shares. Burgundy provides discretionary investment management for private clients, foundations, endowments, pensions and family offices.
Bank of England keeps main UK interest rate at two-year low of 4.25%

Bank of England keeps main UK interest rate at two-year low of 4.25%

LONDON (AP) — The Bank of England kept its main interest rate at the two-year low of 4.25% on Thursday as fears grow that the conflict between Israel and Iran will escalate.
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