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Canadian motor tech firm Exro to raise $30 million with share offering
CALGARY — A Canadian company developing new control products to improve efficiency and performance in electric motors and powertrains is aiming to raise between $30 million and $36.5 million through a public offering of its shares.
Nov 25, 2020 10:54 AM
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Unchanged from early estimate, US economy grew 33.1% in Q3
WASHINGTON — The second of three estimates on U.S. growth for the July-September quarter was unchanged at a record pace of 33.1%.
Nov 25, 2020 9:42 AM
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Consumer spending up a slight 0.5% as virus maintains grip
WASHINGTON — U.S. consumers increased their spending by a sluggish 0.
Nov 25, 2020 8:57 AM
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Slight gain of 1.3% in October for manufactured goods
WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods showed a modest gain in October but much of the strength came from a big jump in orders for military equipment.
Nov 25, 2020 7:51 AM
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Cascades to close its napkin plant in Laval, Que. in June 2021
KINGSEY FALLS, Que. — Cascades Inc. says it will close its napkin plant in Laval, Que., at the end of June next year. The plant currently employs 54 workers.
Nov 25, 2020 6:50 AM
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Spin Master signs Wizarding World licensing deal to develop Harry Potter toys
TORONTO — Toymaker Spin Master Corp. has announced a deal to develop toys and games based on the Harry Potter and Fantastic Beasts movies. The company says it has signed a global licensing agreement with Warner Bros.
Nov 25, 2020 6:49 AM
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CAE signs agreement with Textron to buy TRU Canada for US$40 million
MONTREAL — CAE Inc. has signed a deal with Textron to buy TRU Simulation + Training Canada Inc. for US$40 million. The company says the acquisition of expands its installed base of commercial flight simulators and customers.
Nov 25, 2020 5:11 AM
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Alberta finance minister says outlook improves but budget deficit $21.3 billion
EDMONTON — Finance Minister Travis Toews says COVID-19 will affect Alberta’s economy for the next couple of years and perhaps beyond, but projections are encouraging.
Nov 24, 2020 7:33 PM
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Circle-K owner Alimentation Couche-Tard grows profits to US$757 million
LAVAL, Que. — Alimentation Couche-Tard Inc.'s profits increased from last year in the three months ending Oct. 11, as shoppers consolidated shopping trips to convenience stores amid the COVID-19 pandemic.
Nov 24, 2020 5:07 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (17,274.25, up 179.72 points) Aurora Cannabis Inc. (TSX: ACB). Health care. Up $2.60, or 27.69 per cent, at $11.99 on 15.
Nov 24, 2020 4:14 PM
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