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$1.8-billion satellite project in Quebec expected to create 600 jobs

$1.8-billion satellite project in Quebec expected to create 600 jobs

MONTREAL — Two Ontario-based companies plan to expand their operations in Quebec as part of a major satellite project. The agreement in principle announced Thursday between MDA, Telesat and the Quebec government is valued at $1.
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Transat A.T. adds flexibility by extending termination date of $250M loan facility

Transat A.T. adds flexibility by extending termination date of $250M loan facility

MONTREAL — Transat A.T. Inc.
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Inter Pipeline reviews options in response to hostile Brookfield takeover bid

Inter Pipeline reviews options in response to hostile Brookfield takeover bid

Calgary-based Inter Pipeline Ltd. says it has initiated a review of strategic alternatives in response to a hostile takeover bid launched last week by its largest shareholder, Brookfield Infrastructure Partners LP.
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Most actively traded companies on the Toronto Stock Exchange

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 (18,274.07, down 100.71 points.) Manulife Financial Corp. (TSX:MFC). Financials. Down eight cents, or 0.32 per cent, to $25 on 26.
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TC Energy warns Coastal GasLink pipeline costs up due to pandemic-related shutdown

TC Energy warns Coastal GasLink pipeline costs up due to pandemic-related shutdown

CALGARY — The CEO of TC Energy Corp. is warning that the cost of its Coastal GasLink pipeline to bring natural gas from northeastern B.C.
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Sienna Senior Living posts Q4 loss as pandemic-related expenses hurt bottom line

Sienna Senior Living posts Q4 loss as pandemic-related expenses hurt bottom line

MARKHAM — Sienna Senior Living Inc. is reporting a net loss of $8.7 million in the quarter ended Dec. 31 as the company faces higher costs related to the pandemic. The company's net income in the fourth quarter was $9.
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North American stock markets lose ground as investors take profits from recent highs

North American stock markets lose ground as investors take profits from recent highs

TORONTO — North American stock markets slumped from recent highs as investors pocketed some profits in stronger sectors. The S&P/TSX composite index closed down for a second straight day, losing 100.71 points to 18,274.07.
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First Bitcoin ETF in North America debuts on TSX as cryptocurrency prices surge

First Bitcoin ETF in North America debuts on TSX as cryptocurrency prices surge

TORONTO — North America's first Bitcoin exchange-traded fund began trading on the Toronto Stock Exchange today.
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Ontario loses 355,000 jobs in 2020, single largest decline on record: FAO

Ontario loses 355,000 jobs in 2020, single largest decline on record: FAO

TORONTO — Ontario lost more than 355,000 jobs last year - the single largest annual decline on record - due to the COVID-19 pandemic, the province's fiscal watchdog said Thursday.
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Barrick Gold proposes US$750 million one-time return of capital to shareholders

Barrick Gold proposes US$750 million one-time return of capital to shareholders

CALGARY — Buoyed by stronger gold and copper prices and flush with cash after realizing $1.5 billion in proceeds from the sale of non-core assets since 2019, Barrick Gold Corp.
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