Here are the CP Business Department's plans for today and the top business stories so far. All times Eastern unless otherwise stated. All ETAs and wordcounts approximate. Entries are subject to change as news develops.
If you have any questions, please contact the desk at business@thecanadianpress.com or 416-507-2138.
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COVERING:
We are planning a brief story on the latest results from Dye & Durham expected after the close of trading.
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TOP STORIES:
StatCan: Economy ended 2021 above pre-COVID mark
StatCan-GDP
Ottawa, Ontario, Canada -- Better-than-expected growth in November pushed the Canadian economy above pre-pandemic levels for the first time in nearly two years, but the Omicron surge in COVID-19 cases is expected to deal it yet another setback to start 2022. By Jordan Press. Words: 588, Photos: 1
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Imperial Oil raises dividend amid strong Q4 profit
Imperial-Oil-Rslts
Calgary, Alberta, Canada -- Imperial Oil Ltd. is raising its quarterly dividend after higher crude oil prices contributed to a doubling of revenues and a big surge in fourth-quarter profit. Words: 644, Photos: 1
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GDP gets a high from cannabis legalization: report
Cannabis-GDP
Toronto, Ontario, Canada -- Cannabis has boosted Canada's gross domestic product by $43.5 billion, including $13.3 billion in Ontario since recreational pot was legalized in October 2018, says a new study. By Tara Deschamps. Words: 468, Photos: 1
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Energy sector helps lift S&P/TSX composite
Dollar-Markets
Toronto, Ontario, Canada -- Strength in the energy sector helped Canada's main stock index rise in late-morning trading, while U.S. stock markets were mixed. Words: 148, Photos: 1
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TD to reduce overdraft charges in U.S.
TD-Fees-US
Toronto, , -- TD Bank says it's making policy changes at its U.S. operations to reduce how much customers pay in overdraft fees amid rising regulatory pressure over the charges. Words: 223, Photos: 1
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January housing inventory down 35%: Calgary board
Calgary-Home-Sales
Calgary, Alberta, Canada -- The Calgary Real Estate Board says housing inventory sank to its lowest level since 2006 last month as tight market conditions continued. Words: 187, Photos: 1
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Fintech company Koho Financial raises $210 million
Koho-Financing
Toronto, , -- Koho Financial Inc. says it has raised $210 million in a series D funding round as it looks to expand its head count and accelerate growth. Words: 234
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Rogers Communications appoints new CFO
Rogers-Communications-CFO
Toronto, Ontario, Canada -- Rogers Communications Inc. has named a new chief financial officer amid an ongoing senior leadership shuffle. Words: 129, Photos: 1
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Corus buys majority stake in Aircraft Pictures
Corus-Aircraft
Toronto, Ontario, Canada -- Corus Entertainment Inc. says it has purchased a majority stake in television and film production company Aircraft Pictures Ltd. Words: 142, Photos: 1
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Toymaker Spin Master reports higher revenue
Spin-Master-Rslts
Toronto, Ontario, Canada -- Toymaker Spin Master Corp. says its revenue grew 26.5 per cent compared with a year ago driven by growth in toy, entertainment and licensing and digital games revenues. Words: 185, Photos: 1
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CP BUSINESS
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