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S&P/TSX composite drops almost 400 points Thursday, U.S. markets also fall

S&P/TSX composite drops almost 400 points Thursday, U.S. markets also fall

TORONTO — Canada's main stock index more than wiped out its gains from the day before on Thursday, declining 1.7 per cent with most major sectors down, while U.S. markets also fell. The S&P/TSX composite index closed down 387.60 points at 22,723.
Calgary home sales decline 10% in July from last year, prices rise: board

Calgary home sales decline 10% in July from last year, prices rise: board

CALGARY — The Calgary Real Estate Board says July home sales dropped 10 per cent year-over-year as 2,380 properties were sold.
Quebec labour tribunal orders Amazon to stop interfering with union affairs

Quebec labour tribunal orders Amazon to stop interfering with union affairs

MONTREAL — Quebec's labour tribunal has directed Amazon to stop interfering in union affairs, and to pay the union a total of $30,000 in moral and punitive damages.
Toronto raises fines for more than 100 parking violations to reduce congestion

Toronto raises fines for more than 100 parking violations to reduce congestion

TORONTO — Fines for more than 100 parking offences in Toronto increased on Thursday, an initiative the city says is aimed at reducing congestion and promoting safer roads.
Fuel retailer Parkland Corp. lowers 2024 earnings forecast as consumer demand falls

Fuel retailer Parkland Corp. lowers 2024 earnings forecast as consumer demand falls

CALGARY — Fuel retailer and convenience store operator Parkland Corp. lowered its earnings forecast for the year Thursday due to what it said are" ongoing weaknesses" in consumer demand that could continue through the end of 2024.
Ten people arrested, more than 100 charges laid in SIM swap scam: Toronto police

Ten people arrested, more than 100 charges laid in SIM swap scam: Toronto police

TORONTO — Ten people have been arrested and more than 100 charges were laid in connection with a wide-reaching SIM swap scam, Toronto police said Thursday.
Lightspeed Commerce sees net loss shrink in founder's first full quarter back as CEO

Lightspeed Commerce sees net loss shrink in founder's first full quarter back as CEO

Dax Dasilva's first full quarter back at the helm of Lightspeed Commerce Inc. coincided with the business narrowing its net loss and seeing its revenue climb.
CNRL curtailing production from new natural gas wells as low prices persist

CNRL curtailing production from new natural gas wells as low prices persist

CALGARY — Canada's largest oil and gas producer is postponing the start of production from some of its planned new natural gas wells due to persistent low prices. Canadian Natural Resources Ltd.
Coast Guard to end staffing at two B.C. lighthouses, following safety concerns

Coast Guard to end staffing at two B.C. lighthouses, following safety concerns

VICTORIA — Safety concerns have prompted the Canadian Coast Guard to make what is says is the "difficult decision" to end staffing at two lighthouses along British Columbia's coast.
BCE reports profit boost after wave of job cuts

BCE reports profit boost after wave of job cuts

MONTREAL — BCE Inc. boosted its profits despite a dip in revenue last quarter as the telecom giant began to feel the financial effect of thousands of job cuts from earlier this year.
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