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Bank of Canada deputy governor Timothy Lane says Canadian economy resilient

Bank of Canada deputy governor Timothy Lane says Canadian economy resilient

OTTAWA — The Canadian economy remains resilient despite the global uncertainty caused by the trade war between the United States and China, a senior Bank of Canada official said Thursday.

Canada's main stock index down, U.S. stock markets down, loonie up

TORONTO — Canada's main stock index and its U.S. counterparts were down moderately in late-morning trading. The S&P/TSX composite index was down 45.67 points at 16,852. In New York, the Dow Jones industrial average was down 39.

Statistics Canada says merchandise trade deficit was $1.1B in October

OTTAWA — Statistics Canada says the country's merchandise trade deficit with the world was $1.1 billion in October. The result came as figures for September were revised to show a deficit of $1.
CIBC, TD close bleak Q4 earning season with lower profit, higher loss provisions

CIBC, TD close bleak Q4 earning season with lower profit, higher loss provisions

TORONTO — Canada's banking sector closed out its fourth-quarter earnings season Thursday with CIBC and TD providing more evidence of a challenging economic environment. Canadian Imperial Bank of Commerce reported $1.
Aeroplan workers ratify collective agreement after joining Air Canada

Aeroplan workers ratify collective agreement after joining Air Canada

TORONTO — About 400 Aeroplan workers have ratified a collective agreement that standardizes wages for employees of the newly acquired loyalty program.
A little financial housekeeping at the end of the year can help on your taxes

A little financial housekeeping at the end of the year can help on your taxes

OTTAWA — You may be reluctant to add one more item to an already daunting holiday to-do list, but financial experts want to make sure your financial plan doesn't get neglected in the year-end rush as 2019 comes to a close.
The Second Cup agrees to buy Ottawa chain Bridgehead Coffee for $9.5 million

The Second Cup agrees to buy Ottawa chain Bridgehead Coffee for $9.5 million

MISSISSAUGA, Ont. — The Second Cup Ltd. says it has agreed to buy Ottawa-based Bridgehead Coffee in a $9.5-million deal.
TD revenue up, earnings slip in what the bank calls a 'challenging environment'

TD revenue up, earnings slip in what the bank calls a 'challenging environment'

TORONTO — TD Bank Group's profit slipped in the fourth quarter compared with a year ago, missing analyst estimates for adjusted earnings. The bank says it earned $2.86 billion or $1.54 per share in the quarter ending Oct.
US trade gap narrows 7.6% to $47.2 billion in October

US trade gap narrows 7.6% to $47.2 billion in October

WASHINGTON — The U.S. trade deficit narrowed in October as imports fell faster than exports. The politically sensitive trade gap with China dropped.
Low water flows at crux of next phase in Fraser River salmon rescue mission: DFO

Low water flows at crux of next phase in Fraser River salmon rescue mission: DFO

LILLOOET, B.C. — Government officials say there is a "high risk" they won't be fully successful in rescuing salmon species threatened by a massive landslide on British Columbia's Fraser River.