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Transat CEO views year ahead with ‘cautious optimism’ as profits rise

Transat CEO views year ahead with ‘cautious optimism’ as profits rise

MONTREAL — Transat A.T. Inc. reported a big boost in profits in its latest quarter, driven by millions of dollars in compensation from an engine maker as well as more passengers.
Suncor to increase oil and gas output by up to five per cent in 2025

Suncor to increase oil and gas output by up to five per cent in 2025

CALGARY — Suncor Energy Inc. is aiming to increase its oil output next year by up to five per cent, as it continues to work to improve its performance and lower costs from its oilsands assets.
Settlement reached in complaint over Canada Post layoffs as strike hits four weeks

Settlement reached in complaint over Canada Post layoffs as strike hits four weeks

OTTAWA — The union representing Canada Post workers says an unfair labour practice complaint over the company's layoffs has been resolved, calling it an important victory for workers' rights.
ECB cuts rates a quarter point amid concerns of tepid growth, impact of Trump trade policies

ECB cuts rates a quarter point amid concerns of tepid growth, impact of Trump trade policies

FRANKFURT, Germany (AP) — The European Central Bank has cut rates by a quarter percentage point amid signs of weakening growth and concern about the impact of political chaos in France and the possibility of new U.S.
Stressed about the cost of the holidays? How to talk to loved ones about cutting back

Stressed about the cost of the holidays? How to talk to loved ones about cutting back

When Deidre Cross was tens of thousands of dollars in debt, the holiday season became the tipping point that sparked her journey to get out of the red.
FAA administrator Mike Whitaker will step down on Inauguration Day

FAA administrator Mike Whitaker will step down on Inauguration Day

The head of the Federal Aviation Administration, who has led a tougher enforcement policy against Boeing since a panel blew off a Boeing jet in January, said Thursday that he will step down next month to let President-elect Donald Trump name his choi
Bausch + Lomb exploring several options including a potential sale

Bausch + Lomb exploring several options including a potential sale

VAUGHAN, Ont. — Bausch + Lomb Corp. says it's exploring several options including a potential sale of the company. The company made the comment after a request by the Canadian Investment Regulatory Organization.
Canada preparing retaliatory tariffs, as Ford threatens to cut off energy to U.S.

Canada preparing retaliatory tariffs, as Ford threatens to cut off energy to U.S.

OTTAWA — Canada is preparing retaliatory tariffs in response to U.S.
Statistics Canada says household debt-to-disposable income ratio falls in Q3

Statistics Canada says household debt-to-disposable income ratio falls in Q3

OTTAWA — Statistics Canada says the amount Canadian households owe relative to their income fell in the third quarter as a rise in disposable income outpaced the growth in debt. It was the sixth consecutive quarter that the measure declined.
US wholesale inflation accelerated in November in sign that some price pressures remain elevated

US wholesale inflation accelerated in November in sign that some price pressures remain elevated

WASHINGTON (AP) — Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more than two years ago.
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