Credit card firms to trim merchant fees, but retailers group ‘underwhelmed’

The federal government says credit card companies have agreed to trim the fees they charge the country’s businesses by 10…

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Telus posts flat profit, modest wireless growth but strong wireline additions

Telus Corp. surprised analysts with the strength of its second-quarter residential subscriber growth but its net income and adjusted earnings…

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Wholesale sales rose to record $63B in May

Statistics Canada says wholesale sales rose 1.2 per cent to a record $63.7 billion in May. The gains were helped…

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Canadian crude-by-rail exports rise to record high in April, NEB reports

The National Energy Board says crude-by-rail exports from Canada grew to a record 193,500 barrels per day in April, up…

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Profits and perils of the new Canadian pot economy: Don Pittis

“Eyes shone, cheeks were flushed, the inner light of universal benevolence broke out on every face in happy, friendly smiles.”…

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U.S. reaches deal with Chinese telecom giant ZTE, say Commerce Secretary Ross

The United States has reached a deal with Chinese telecommunications giant ZTE Corp. that includes a $1 billion fine, according…

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Twitter shares jump 5% as they win new follower: The S&P 500

Consider it the ultimate “like” for a stock: Twitter Inc is joining the benchmark S&P 500 U.S. index, pushing the…

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HBC reports wider loss, will close some Lord & Taylor stores

Hudson’s Bay Co. (HBC) said Tuesday it will close up to 10 of its Lord & Taylor stores through next…

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Atlas Tube CEO fears long-term tariffs will force production shift to U.S.

The head of a steel empire that started in Harrow, Ont. thinks he can withstand American tariffs in the short-term. But…

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