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Banks sound notes of caution as outlook worsens, even as latest results show growth

Banks sound notes of caution as outlook worsens, even as latest results show growth

TORONTO — Canada's Big Five banks all sounded notes of caution in releasing results this week as pressure builds on the economy, though each pointed to somewhat different strategies in preparing for a potential recession.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,532.18, up 148.43 points.) Manulife Financial Corp. (TSX:MFC). Financials. Up 41 cents, or 1.8 per cent, to $23.11 on 23.
Ottawa proposing new internet, phone rules to the CRTC

Ottawa proposing new internet, phone rules to the CRTC

OTTAWA — Smaller internet service providers (ISPs) are cautiously optimistic about the new telecom policy directives unveiled by the federal government Thursday that are aimed at the Canadian Radio-television and Telecommunications Commission.
S&P/TSX composite rises for fifth day in broad rally that also swept U.S. markets

S&P/TSX composite rises for fifth day in broad rally that also swept U.S. markets

TORONTO — Canada's main stock index increased for a fifth-straight day to a near three-week high on a broad rally that also swept U.S. markets higher.
Better results from retailers help send stock market higher

Better results from retailers help send stock market higher

NEW YORK (AP) — Stocks closed broadly higher on Wall Street Thursday as investors cheered a strong set of quarterly results from Macy’s and other retailers.
Enbridge to build pipelines to service new LNG facility in U.S.

Enbridge to build pipelines to service new LNG facility in U.S.

CALGARY — Energy transportation giant Enbridge Inc. will be going ahead with two pipeline projects to service a new liquefied natural gas facility in the U.S., part of the Canadian company's push to grow its LNG business as global demand soars.
Canada's big banks treat Indigenous, visible minority customers unequally: watchdog

Canada's big banks treat Indigenous, visible minority customers unequally: watchdog

Pressure sales tactics. Ill-fitted suggestions. Misleading information.
Statistics Canada says retail sales virtually unchanged in March

Statistics Canada says retail sales virtually unchanged in March

Canadian retail sales were flat in March as a slump in new car sales offset healthy consumer spending gains elsewhere, Statistics Canada reported Thursday. Total retail sales in Canada hit $60.
RBC's McKay says "50-50" chance of recession as it reports revenue dip, earnings up

RBC's McKay says "50-50" chance of recession as it reports revenue dip, earnings up

TORONTO — Royal Bank of Canada reported higher earnings Thursday as it said many underlying economic indicators remain strong despite the heightened risk of a recession.
Trump loses appeal, must testify in New York civil probe

Trump loses appeal, must testify in New York civil probe

NEW YORK (AP) — Former President Donald Trump must answer questions under oath in the New York attorney general’s civil investigation into his business practices, a state appeals court ruled Thursday, rejecting his argument that he be excused from te