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National Business

Loblaw profits and sales continue growing as shoppers look for more deals

Loblaw profits and sales continue growing as shoppers look for more deals

Canada's largest grocer expects this year to be much like the last: customers continuing to seek discounts and deals, leading to more growth at the company’s discount brands and banners, and higher profits.
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Teck reports record copper production, awaits regulatory approval of Glencore deal

Teck reports record copper production, awaits regulatory approval of Glencore deal

Teck Resources Ltd.
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Nutrien sees potash demand recovering on lower prices

Nutrien sees potash demand recovering on lower prices

SASKATOON — Fertilizer giant Nutrien Ltd. sees promising signs of increased demand for potash in the year ahead.
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December retail sales gain likely won't last as StatCan sees January sales falling

December retail sales gain likely won't last as StatCan sees January sales falling

OTTAWA — Retail sales in December came in slightly stronger than economists were expecting, driven by strong sales for new cars and parts. Statistics Canada reported retail sales rose 0.9 per cent to $67.
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Toyota Canada recalls 28,000 cars over transmission flaw that raises risk of crash

Toyota Canada recalls 28,000 cars over transmission flaw that raises risk of crash

TORONTO — More than 28,000 Toyota vehicles have been recalled due to a transmission problem that can lead to crashes, says the auto manufacturer.
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Options to boost credit scores are growing, but principles remain the same

Options to boost credit scores are growing, but principles remain the same

TORONTO — Both a little opaque on how they’re calculated and sometimes painfully clear in what they say, credit scores are an unavoidable part of any borrowers’ life.
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Cascades reports $57M Q4 loss compared with $27M loss a year earlier

Cascades reports $57M Q4 loss compared with $27M loss a year earlier

KINGSEY FALLS, Que. — Cascades Inc. reported a loss of $57 million in its latest quarter compared with a loss of $27 million a year earlier.
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Chord Energy signs stock-and-cash deal worth about US$3.8B to buy Enerplus

Chord Energy signs stock-and-cash deal worth about US$3.8B to buy Enerplus

CALGARY — Enerplus Corp. has signed a deal to be acquired by U.S. company Chord Energy Corp. in a stock-and-cash deal worth about US$3.8 billion.
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Quebecor reports Q4 profit and revenue up, raises quarterly dividend

Quebecor reports Q4 profit and revenue up, raises quarterly dividend

MONTREAL — Quebecor Inc. raised its quarterly dividend as it reported its fourth-quarter profit and revenue rose compared with a year ago. The company says it will pay a quarterly dividend of 32.5 cents per share, up from 30 cents.
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Japan's Nikkei stock index breaks its 1989 record and surges to an all-time high

Japan's Nikkei stock index breaks its 1989 record and surges to an all-time high

Japan’s benchmark Nikkei 225 index surged Thursday past the record it set in 1989 before its financial bubble burst, ushering in an era of faltering growth. The index closed Thursday at 39,098.68, up 2.2%.
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