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Anticipating 2021 boom, Q4 GDP revised up slightly to 4.1%

Anticipating 2021 boom, Q4 GDP revised up slightly to 4.1%

WASHINGTON — The economy grew at a 4.1% pace in the final three months of 2020, slightly faster than first estimated, ending a year in which the overall economy, ravaged by a global pandemic, shrank more than in any year in the past seven decades.
Orders for U.S. durable goods climb 3.4% in January

Orders for U.S. durable goods climb 3.4% in January

WASHINGTON — Orders to U.S. factories for big-ticket goods shot up 3.4% in January, pulled up by surge in orders for civilian aircraft. A category that tracks business investment posted a more modest gain, the Commerce Department reported Thursday.
Maple Leaf Foods reports Q4 profit and sales up from year ago, beats expectations

Maple Leaf Foods reports Q4 profit and sales up from year ago, beats expectations

MISSISSAUGA, Ont. — Maple Leaf Foods Inc. beat expectations as it reported a fourth-quarter profit of $25.4 million, up from $17.5 million a year ago, and sales that rose more than 10 per cent.
Australia passes law to make Google, Facebook pay for news

Australia passes law to make Google, Facebook pay for news

CANBERRA, Australia — Australia’s law forcing Google and Facebook to pay for news is ready to take effect, though the laws' architect said it will take time for the digital giants to strike media deals.
'Mission: Impossible 7' will hit Paramount+ even sooner

'Mission: Impossible 7' will hit Paramount+ even sooner

Paramount Pictures is joining other major Hollywood studios in slashing the traditional 90-day theatrical window.
Retired TC Energy CEO Russ Girling aiming to join Suncor's board of directors

Retired TC Energy CEO Russ Girling aiming to join Suncor's board of directors

CALGARY — Suncor Energy says former TC Energy CEO Russ Girling is returning to the energy producer and will stand for election to its board of directors in May.
WSP Global misses expectations despite Q4 profit surging to $68.9M on lower revenues

WSP Global misses expectations despite Q4 profit surging to $68.9M on lower revenues

MONTREAL — WSP Global Inc. missed expectations even as its net income surged in the fourth quarter but fell for all of 2020. The Montreal-based engineering firm says its net income attributable to shareholders was $68.
Alberta eyes recall legislation, focuses on COVID-19 aid in spring sitting

Alberta eyes recall legislation, focuses on COVID-19 aid in spring sitting

EDMONTON — Alberta politicians return to the legislature Thursday for a sitting that includes a new budget and a politician recall bill.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (18,484.53, up 154.44 points.) Manulife Financial Corp. (TSX:MFC). Financials. Up $1.15, or 4.71 per cent, to $25.59 on 25.
White nationalist gets prison over rape threat, extortion

White nationalist gets prison over rape threat, extortion

A self-proclaimed white nationalist was sentenced Wednesday to nearly three-and-a-half years in federal prison for threatening to rape the wife of a man who was part of a separate racist group that he believed was harassing him.
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