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UK energy giant BP's profits double to $27.7 billion

UK energy giant BP's profits double to $27.7 billion

LONDON (AP) — British energy firm BP reported record annual earnings Tuesday, fueling demands that the U.K. government boost taxes for companies benefiting from the high price of oil and natural gas after Russia’s invasion of Ukraine .
Luxury parka maker Canada Goose charts path to triple revenue in five years

Luxury parka maker Canada Goose charts path to triple revenue in five years

Luxury outerwear maker Canada Goose Holdings Inc. has charted a new five-year growth path it says could nearly triple its annual revenue by 2028.
Statistics Canada reports merchandise trade deficit $160 million in December

Statistics Canada reports merchandise trade deficit $160 million in December

OTTAWA — Canada posted a merchandise trade deficit of $160 million in December as both exports and imports fell compared with November, Statistics Canada said Tuesday.
What to know about investing with your student line of credit

What to know about investing with your student line of credit

MONTREAL — When Pablo Mhanna-Sandoval received his offer of admission for law school in the spring of 2022, he immediately started securing a student line of credit.
Aspiring pilots say licence processing backlogs at Transport Canada slowing careers

Aspiring pilots say licence processing backlogs at Transport Canada slowing careers

CALGARY — Against the backdrop of a global pilot shortage, hopefuls aspiring to a career in the skies say their Canadian licensing applications are taking far too long to process.
Crypto company Hut 8 Mining signs deal to merge with US Bitcoin

Crypto company Hut 8 Mining signs deal to merge with US Bitcoin

TORONTO — Canadian cryptocurrency company Hut 8 Mining Corp. says it has signed a deal to merge with U.S. Data Mining Group Inc., the company behind US Bitcoin Corp. Under the agreement, the combined company will be named Hut 8 Corp.
CDPQ buying 50% stake in Montreal toll bridge A25 Concession for $355M

CDPQ buying 50% stake in Montreal toll bridge A25 Concession for $355M

MONTREAL — The Caisse de dépôt et placement du Québec has signed an agreement with Transurban to acquire a 50 per cent stake in the A25 Concession, a toll road and bridge network in Montreal. The deal is valued at $355 million.
Canadians now expect to need $1.7M in order to retire: BMO survey

Canadians now expect to need $1.7M in order to retire: BMO survey

CALGARY — Canadians now believe they need $1.7 million in savings in order to retire, a 20 per cent increase from 2020, according to a new BMO survey.
Asian stocks rebound after Wall St sinks on rate fears

Asian stocks rebound after Wall St sinks on rate fears

BEIJING (AP) — Asian stock markets rebounded Tuesday after Wall Street sank under pressure from worries about higher interest rates and after Japan reported stronger wage gains than expected. Shanghai, Tokyo, Hong Kong and Seoul advanced.
TMX Group sees revenue, earnings rise in fourth quarter of 2022, full year

TMX Group sees revenue, earnings rise in fourth quarter of 2022, full year

TORONTO — TMX Group says its revenue and earnings rose in the fourth quarter of 2022 compared to the same period last year, and announced an increase to its dividend of five per cent to 87 cents per common share.
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