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S&P/TSX composite sets new records in longest streak in more than 30 years

S&P/TSX composite sets new records in longest streak in more than 30 years

TORONTO — Canada's main stock index climbed for a 14th straight day to reach a new high in the longest streak of daily gains in more than three decades.
Parents are gifting increasingly large sums of money for kids' down payments: CIBC

Parents are gifting increasingly large sums of money for kids' down payments: CIBC

A new report shows parents are giving increasingly large financial gifts so their kids can afford down payments in Canada’s hot housing market.
Tale of two Tim Hortons: Suburban, rural locations busy, downtown restaurants empty

Tale of two Tim Hortons: Suburban, rural locations busy, downtown restaurants empty

Tim Hortons' sales are up, but continue to lag pre-pandemic highs amid a stalled reopening that's left office towers, and the company's downtown locations, largely deserted.
Lion Electric Co. receives conditional order for 1,000 electric school buses

Lion Electric Co. receives conditional order for 1,000 electric school buses

MONTREAL — The Lion Electric Co. says it has received a conditional order for 1,000 electric school buses from Student Transportation of Canada, whose parent company is controlled by Quebec's pension fund manager.
Canderel-led consortium to buy Cominar Real Estate Investment Trust

Canderel-led consortium to buy Cominar Real Estate Investment Trust

QUEBEC — Cominar Real Estate Investment Trust has signed an agreement to be acquired by a consortium led by Quebec real estate firm Canderel Real Estate Property Inc. in a deal with an enterprise value of $5.7 billion.

World set to miss goal of $100B climate aid pledged to poor

BERLIN (AP) — A target for rich countries to provide poor nations with $100 billion in aid each year to tackle global warming will be missed, officials said Monday, dealing a blow to the upcoming U.N. climate talks in Glasgow.
Edward Rogers to take battle for Rogers Communications Inc. to B.C. Supreme Court

Edward Rogers to take battle for Rogers Communications Inc. to B.C. Supreme Court

TORONTO — The ousted chairman of Rogers Communication Inc. says he’ll go to the British Columbia Supreme Court in a bid to wrest back control of the company.
Despite hybrid release, 'Dune' draws well on the big screen

Despite hybrid release, 'Dune' draws well on the big screen

NEW YORK (AP) — Denis Villeneuve's “Dune” debuted with $40.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: BoC rate announcement: The Bank of Canada is scheduled to release its latest interest rate decision and its quarterly monetary policy report on Wednesday.
Fintechs looking to break into credit card market dominated by big banks

Fintechs looking to break into credit card market dominated by big banks

TORONTO — If you haven’t shopped for a credit card in a while, you may see some unfamiliar names in the offerings. Companies like Brim Financial, Float Inc., Caary Capital Ltd., Jeeves Inc.