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Loonie tops 80 cents US after Bank of Canada revises economic outlook upward

Loonie tops 80 cents US after Bank of Canada revises economic outlook upward

TORONTO — The loonie rose to top 80 cents US in late-morning trading after the Bank of Canada released a brighter outlook for economic growth this year, while gains in the energy sector helped Canada's main stock index edge higher.
Annual pace of inflation leaps higher in March to 2.2%, Statistics Canada says

Annual pace of inflation leaps higher in March to 2.2%, Statistics Canada says

OTTAWA — The annual pace of inflation jumped higher in March due in large part to a plunge in prices a year ago at the start of the pandemic. Statistics Canada said Wednesday the consumer price index in March was up 2.

Here's a list of March inflation rates for selected Canadian cities

OTTAWA — Canada's national annual inflation rate was 2.2 per cent in March, Statistics Canada says.

Here's a list March inflation rates for Canadian provinces

OTTAWA — Canada's national annual inflation rate was 2.2 per cent in March, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 2.7 per cent (1.2) — Prince Edward Island: 3.
New, young small businesses left out of federal budget want more aid: CFIB

New, young small businesses left out of federal budget want more aid: CFIB

TORONTO — Small business owners and advocates say Ottawa should rethink the eligibility requirements for subsidies after Monday’s federal budget failed to include companies launched shortly before the COVID-19 pandemic or after it began.
ACM Awards hits record low ratings, join the ceremony slump

ACM Awards hits record low ratings, join the ceremony slump

LOS ANGELES — The Academy of County Music honours drew a record-low audience, joining other awards shows also finding dwindling viewer interest.
Rogers offers customers credit after massive outage, will be applied to bills in May

Rogers offers customers credit after massive outage, will be applied to bills in May

Rogers Communications Inc. is offering wireless customers a credit following a massive nationwide outage.

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 (19,040.78, down 163.64 points.) Whitecap Resources Inc. (TSX:WCP). Energy. Down 37 cents, or 6.53 per cent, to $5.
Retiree group says Liberal budget fails to support pension reform

Retiree group says Liberal budget fails to support pension reform

TORONTO — The Canadian Federation of Pensioners is calling for amendments to federal insolvency laws to protect members of defined benefit pensions if the employer is insolvent.
CN makes rival bid to CP Rail's offer to buy U.S. railway Kansas City Southern

CN makes rival bid to CP Rail's offer to buy U.S. railway Kansas City Southern

CALGARY — The CEO of Canadian National Railway Co. says his company's bid for Kansas City Southern will create a combined "safer, faster, cleaner and stronger railway" than the one proposed by rival Canadian Pacific Railway Ltd.