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CP Rail hires thousands as it awaits regulatory go-ahead for KCS merger

CP Rail hires thousands as it awaits regulatory go-ahead for KCS merger

CALGARY — Canadian Pacific Railway Ltd. is on a hiring spree as it awaits regulatory go-ahead for its acquisition of Kansas City Southern.
S&P/TSX composite gains 200 points Tuesday, U.S. markets also up

S&P/TSX composite gains 200 points Tuesday, U.S. markets also up

TORONTO — Canada's main stock index gained almost 200 points Tuesday with broad-based strength across sectors while U.S. markets also rose, erasing Monday's losses. The S&P/TSX composite index was up 195.27 points at 20,767.38.

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 (20,767.38, up 195.27): Enbridge Inc. (TSX:ENB). Energy. Up 21 cents, or 0.39 per cent, to $54.48 on 19 million shares.
Milk shakeup: U.S. launches second USMCA dispute panel in dairy battle with Canada

Milk shakeup: U.S. launches second USMCA dispute panel in dairy battle with Canada

WASHINGTON — The United States doubled down Tuesday in its ongoing dispute with Canada over dairy imports, accusing one of its closest trading partners of shirking its responsibilities under the terms of North America's three-year-old trade agreement
Greater Vancouver home sales to flatten while prices inch up, forecast says

Greater Vancouver home sales to flatten while prices inch up, forecast says

VANCOUVER — Home sales in Greater Vancouver are predicted to stay in line with last year’s slower pace, while prices inch up slightly. The forecasts are contained in the Real Estate Board of Greater Vancouver's outlook for 2023 released Tuesday.
Wall Street climbs to add more to its strong January

Wall Street climbs to add more to its strong January

NEW YORK (AP) — Wall Street closed out a strong January with more gains. The S&P 500 rose 1.5% Tuesday, marking its third winning month in the last four. The Dow rose 1.1% and the Nasdaq rose 1.7%.
'Hands off Africa!': Pope blasts foreign plundering of Congo

'Hands off Africa!': Pope blasts foreign plundering of Congo

KINSHASA, Congo (AP) — Pope Francis demanded Tuesday that foreign powers stop plundering Africa’s natural resources for the “poison of their own greed” as he arrived in Congo to a raucous welcome by Congolese grateful he was focusing the world’s atte
Canadian economy loses steam, expected to slow further amid high interest rates

Canadian economy loses steam, expected to slow further amid high interest rates

OTTAWA — The Canadian economy lost steam as 2022 drew a close, setting the stage for a continued slowdown this year as high interest rates weigh on spending.
French officials say 1.27 million protested pension reforms

French officials say 1.27 million protested pension reforms

PARIS (AP) — An estimated 1.
Imperial Oil expects 'double-digit' returns from renewable diesel facility

Imperial Oil expects 'double-digit' returns from renewable diesel facility

CALGARY — Imperial Oil Ltd. expects "double-digit returns" from its $720-million investment to build what will be Canada's largest renewable diesel manufacturing facility at its Strathcona refinery, the oil giant said Tuesday.