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Brookfield Asset Management reports Q3 profit up from year ago

Brookfield Asset Management reports Q3 profit up from year ago

TORONTO — Brookfield Asset Management Inc. reported its third-quarter more than quadrupled compared with a year ago, boosted by continued growth and investment performance across its business.
Strike notice at Cargill in Alberta, one of Canada's largest beef processing plants

Strike notice at Cargill in Alberta, one of Canada's largest beef processing plants

HIGH RIVER, Alta. — The union representing workers at one of the largest beef processing plants in Canada has given strike notice.
Power Corp. net profit surges in third quarter to $741 million

Power Corp. net profit surges in third quarter to $741 million

MONTREAL — Power Corp. beat expectations as its net profit attributable to shareholders surged nearly 47 per cent to $741 million in its latest quarter. The Montreal-based holding company says it earned $1.
Kinross third-quarter results weakened by fire at mill in West Africa

Kinross third-quarter results weakened by fire at mill in West Africa

TORONTO — Mining company Kinross Gold Corp. reported weaker results in its latest quarter as gold production and sales fell by nearly 20 per cent from the prior year following a fire at its Tasiast mill in West Africa in June.
U.S. infrastructure bill means more cash and contracts for WSP Global, CEO says

U.S. infrastructure bill means more cash and contracts for WSP Global, CEO says

MONTREAL — The US$1-trillion infrastructure package passed by Congress on Friday marks a boon for WSP Global Inc., says the CEO of the Montreal-based engineering firm.
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 Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,461.93, down 132.59 points.) Harte Gold Corp. (TSX:HRT). Materials. Down one cent, or 33.33 per cent, to two cents on 14.
North American stock markets fall after inflation spike raises fears of rate hikes

North American stock markets fall after inflation spike raises fears of rate hikes

TORONTO — North American stock markets sank midweek as the hottest U.S. inflation numbers in more than 30 years had investors worrying that central banks will speed up interest rate hikes. The S&P/TSX composite index closed down 132.
Heavy burden for consumers as holidays near: Soaring prices

Heavy burden for consumers as holidays near: Soaring prices

WASHINGTON (AP) — A worsening surge of inflation for such bedrock necessities as food, rent, autos and heating oil is setting Americans up for a financially difficult Thanksgiving and holiday shopping season. Prices for U.S. consumers jumped 6.
CGI sees profits surge by more than a third amid new IT and consulting bookings

CGI sees profits surge by more than a third amid new IT and consulting bookings

MONTREAL — CGI Inc. said new bookings were the driving force behind a 37 per cent profit increase last quarter, as continued need for IT services in the COVID-19 pandemic boosted revenue.
US budget deficit eases to $165B in October, down 42%

US budget deficit eases to $165B in October, down 42%

The U.S. monthly budget deficit fell in October as the government collected more taxes from individuals and corporations thanks to a much improved economy emerging from the coronavirus pandemic.