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National Business
Velan CEO Bruno Carbonaro resigns, board chair James Mannebach named interim CEO
MONTREAL — Velan Inc. says Bruno Carbonaro has resigned as chief executive and a director of the company. The maker of industrial valves says board chair James Mannebach has been named interim CEO.
Oct 11, 2023 8:44 AM
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MTY Food Group reports third-quarter profit and revenue up from year ago
MONTREAL — MTY Food Group Inc. reported its third-quarter profit rose compared with a year ago as its revenue gained 74 per cent. The restaurant company says its net income attributable to owners totalled $38.9 million or $1.
Oct 11, 2023 8:12 AM
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Independent grocers call for milk price pause amid pressure to keep food costs down
TORONTO — The Canadian Federation of Independent Grocers is calling on the Crown corporation that manages dairy supply and pricing to hit pause on any further increases to milk prices amid political pressure to keep food prices down.
Oct 10, 2023 7:16 PM
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Food industry leaders launch alliance to champion net zero in agri-food sector
TORONTO — A group of leaders in the agriculture and food industries is launching a national alliance to work toward achieving net zero in Canada's agri-food sector by 2050.
Oct 10, 2023 7:10 PM
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BMO Capital Markets head Dan Barclay to retire, to be replaced by Alan Tannenbaum
TORONTO — BMO Capital Markets' chief executive and group head Dan Barclay is set to retire after a 32-year investment banking career as of Nov. 1.
Oct 10, 2023 5:13 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 (19,501.20, up 255.13 points): Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up $4.58, or 5.46 per cent, to $88.54 on 11.
Oct 10, 2023 4:49 PM
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Transport Canada invests $150M to build new container terminal in Contrecoeur, Quebec
MONTREAL — The federal government has announced an investment of up to $150 million toward a container terminal in Contrecoeur, Que., which is about 70 kilometres northeast of Montreal.
Oct 10, 2023 4:41 PM
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Markets rise amid interest rate optimism while energy stocks fuel TSX gains
TORONTO — Canada's main stock index gained more than 250 points Tuesday amid a broad-based rally led by energy stocks, while U.S. markets also rose on hopes that interest rates may have reached their peak.
Oct 10, 2023 4:40 PM
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Stock market today: Wall Street rises as pressure relaxes from the bond market
NEW YORK (AP) — Stocks closed higher as pressure relaxed on Wall Street from the bond market. The S&P 500 rose 0.5% Tuesday. The Dow added 134 points, and the Nasdaq composite climbed 0.6%.
Oct 10, 2023 4:06 PM
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Ontario securities regulator exploring artificial intelligence use in capital markets
TORONTO — Ontario's securities regulator says it is evaluating the potential role it can play in overseeing and guiding responsible adoption of artificial intelligence to protect investors and the integrity of capital markets.
Oct 10, 2023 3:39 PM
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