March 5th, 2021

Business

Investing ABCs: Teaching your kids about money and markets

By Sarah Skidmore Sell, The Associated Press on February 19th, 2021

The recent stock market mania over the video game company GameStop, which this week was scrutinized by Congress, has provided a teachable moment for kids. The Associated Press talked to a few parents and financial experts for their tips on talking with kids about investing and the often confusing behaviour of financial markets. Here’s a ... Read More »

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Sale of Heartland Petrochemical Complex one option under review: Inter Pipeline CEO

By The Canadian Press on February 19th, 2021

CALGARY – The CEO of Inter Pipeline Ltd. says the Calgary-based company’s review of strategic alternatives announced Thursday could include the sale of its $4-billion Heartland Petrochemical Complex under construction near Edmonton and expected to open in early 2022. On a conference call to discuss fourth-quarter results, Christian Bayle said Friday the sale of the ... Read More »

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Ontario extends stay-at-home order in Toronto, Peel, North Bay

By Holly McKenzie-Sutter, The Canadian Press on February 19th, 2021

TORONTO – The COVID-19 hot spots of Toronto and Peel Region, as well as a northern community dealing with a spike in cases, will remain under a stay-at-home order for at least two more weeks, the Ontario government said Friday. The decision followed calls from Toronto and Peel to keep strict measures in place to ... Read More »

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NewsAlert: Ontario extends stay-at-home order in Toronto, Peel, North Bay

By The Canadian Press on February 19th, 2021

TORONTO – Ontario says Toronto, Peel Region and the North Bay area will remain under a stay-at-home order for at least two more weeks. Health Minister Christine Elliott says it was a difficult but necessary decision to keep the areas under tight public health measures. Top health officials in Toronto and Peel had called for ... Read More »

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Nearly two-thirds of small businesses would use rapid testing of employees: survey

By The Canadian Press on February 19th, 2021

OTTAWA – Nearly two-thirds of Canadian small businesses would consider using rapid testing to screen employees if it would help their business to stay open, says a recent survey. The Canadian Federation of Independent Business says 63 per cent would adopt rapid screening. Support was strongest in social services like dentists and chiropractors at 71 ... Read More »

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Physicians will contact Ontarians 80 and over for vaccination appointments: officials

By The Canadian Press on February 19th, 2021

TORONTO – Ontario residents aged 80 and older will be contacted about vaccination appointments in the coming weeks as the province expands its COVID-19 immunization efforts. Provincial officials say primary physicians may begin contacting seniors in that age group while an online booking system and service desk for appointments are still in development. Most appointments ... Read More »

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Magna International raises dividend as Q4 profit and revenue rise

By Anita Balakrishnan, The Canadian Press on February 19th, 2021

TORONTO – Shares of Magna International Inc. rose more than eight per cent by mid-day Friday, after executives said the auto parts maker can grow despite a computer chip shortage plaguing the auto industry. “With respect to the semiconductor shortage, we see near term disruptions to (manufacturers’) production. However, at this point, any shortages is ... Read More »

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Clandestine haircuts and manicures: underground economy a pandemic problem

By Nicole Thompson, The Canadian Press on February 19th, 2021

An underground economy that’s expanded during Ontario’s stay-at-home order hurts public finances and could be contributing to the spread of COVID-19, public health officials and experts said. Bylaw officers in one of the province’s COVID-19 hot spots have issued dozens of fines for businesses operating against public health orders in York Region. “We’re seeing an ... Read More »

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Metals and mining sector helps boost S&P/TSX composite, loonie tops 79 cents US

By The Canadian Press on February 19th, 2021

TORONTO – Canada’s main stock index was up in late-morning trading, helped higher by gains led by the metals and mining sector, while the loonie climbed higher to trade for more than 79 cents US. The S&P/TSX composite index was up 71.70 points at 18,345.77. In New York, the Dow Jones industrial average was up ... Read More »

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Oilsands producer Osum’s leadership to sell shares after sweetened bid from Waterous

By The Canadian Press on February 19th, 2021

CALGARY – The leadership at private junior oilsands producer Osum Oil Sands Corp. say they will sell their shares after Waterous Energy Fund increased its bid by 25 per cent. The target company says its independent board members and executive team have committed to tender their shares to the sweetened offer of $3, up from ... Read More »

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