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Economy, Law & Politics

S&P/TSX composite index gains more than 350 points, U.S. stock markets also rise

S&P/TSX composite index gains more than 350 points, U.S. stock markets also rise

TORONTO — Canada's main stock index gained more than 350 points Thursday in a broad rally led by energy and technology stocks, while U.S. markets also rose, led by a one-per-cent gain on the Dow. The S&P/TSX composite index closed up 354.
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Stock market today: Wall Street climbs as bitcoin bursts above $99,000

Stock market today: Wall Street climbs as bitcoin bursts above $99,000

NEW YORK (AP) — U.S. stocks climbed after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. The S&P 500 pulled 0.
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Liberals plan to give $250 cheques to millions of Canadians, cut GST over holidays

Liberals plan to give $250 cheques to millions of Canadians, cut GST over holidays

OTTAWA — The Liberal government is planning to give Canadians a tax break over the holidays and hand out billions of dollars in a move that two opposition leaders characterized as a trick to buy votes from frustrated people struggling with the high c
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B.C. Conservative leader names shadow cabinet, gives job to controversial member

B.C. Conservative leader names shadow cabinet, gives job to controversial member

VICTORIA — B.C. Conservative Leader John Rustad has assigned jobs to 41 of his 44-member caucus, including giving a critic's position to MLA Brent Chapman, who faced calls to step down during the campaign over controversial social media remarks.
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Which items will be tax-free under the Liberals' promised GST/HST break?

Which items will be tax-free under the Liberals' promised GST/HST break?

The government on Thursday announced a sweeping promise to make groceries, children's clothing, Christmas trees, restaurant meals and more free from GST/HST between Dec. 14 and Feb. 15.
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Retiring? Here's how to switch from saving for your golden years to spending

Retiring? Here's how to switch from saving for your golden years to spending

The last paycheque from a decades-long career arrives next Friday and the nest egg you built during those working years will now turn into a main source of income. It can be a jarring switch from saving for retirement to spending in retirement.
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Border agency detained dozens of 'forced labour' cargo shipments. Now it's being sued

Border agency detained dozens of 'forced labour' cargo shipments. Now it's being sued

VANCOUVER — Canada's border agency says it has detained about 50 shipments of cargo over suspicions they were products of forced labour under rules introduced in 2020 — but only one was eventually determined to be in breach of the ban.
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Opinion: Economic growth is the only way out of B.C.’s financial mess

Opinion: Economic growth is the only way out of B.C.’s financial mess

Housing crisis, fiscal mismanagement and stalled private-sector growth demand decisive action from Premier David Eby
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S&P/TSX composite inches higher on energy strength Wednesday, U.S. markets mixed

S&P/TSX composite inches higher on energy strength Wednesday, U.S. markets mixed

TORONTO — Canada's main stock index crept higher Wednesday thanks to strength in energy stocks, while U.S. stock markets were mixed, recovering from larger losses earlier in the day ahead of earnings from Nvidia expected after the bell.
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Stock market today: Wall Street drifts as Target tumbles

Stock market today: Wall Street drifts as Target tumbles

NEW YORK (AP) — U.S. stocks drifted to a mixed finish, though the modest moves for indexes masked some thrashing underneath the surface. The S&P 500 ended barely changed Wednesday after trading lower for much of the day.
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