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Montreal area home sales up 13 per cent in November, prices rise

Montreal area home sales up 13 per cent in November, prices rise

MONTREAL — The Quebec Professional Association of Real Estate Brokers says Montreal area home sales rose 13 per cent in November compared with a year earlier. The association says there were 4,084 sales in the Montreal metropolitan area.
TSX, US markets move lower ahead of OPEC meeting, US jobs data

TSX, US markets move lower ahead of OPEC meeting, US jobs data

TORONTO — Canada's main stock index fell Thursday while U.S. counterparts stayed relatively flat as investors awaited news from an OPEC meeting and economic data due out tomorrow.
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.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,854.92, down 42.42 points.) Canadian Natural Resources Ltd. (TSX:CNQ) Energy. Down 49 cents, or 1.31 per cent, to $36.91 on 11.
Enterprise Holdings to buy Discount Car and Truck rental company

Enterprise Holdings to buy Discount Car and Truck rental company

TORONTO — Enterprise Holdings Inc. says it has agreed to buy Toronto-based Discount Car and Truck Rentals as the mobility space rapidly evolves.
TD Bank sees slower revenue growth ahead, accelerating efficiency activities

TD Bank sees slower revenue growth ahead, accelerating efficiency activities

TORONTO — TD Bank Group's profit slipped in the fourth quarter compared with a year ago as it recorded restructuring charges and increased provisions for credit losses compared with last year.
Saudi Aramco plans $25.6B share sale in biggest ever IPO

Saudi Aramco plans $25.6B share sale in biggest ever IPO

DUBAI, United Arab Emirates — Saudi Arabia's state-owned oil company Aramco on Thursday set a share price for its IPO — expected to be the biggest ever — that puts the value of the company at $1.7 trillion, more than Apple or Microsoft.
Federal regulator approves expanded Kitimat LNG gas export licence

Federal regulator approves expanded Kitimat LNG gas export licence

CALGARY — An application from Chevron Canada for a 40-year licence to export natural gas from the proposed Kitimat LNG project has been approved despite environmental opposition, says the Canada Energy Regulator.
Correction: Capricorn Studio Renaissance story

Correction: Capricorn Studio Renaissance story

ATLANTA — In a story Dec. 3 about Mercer Music at Capricorn, The Associated Press reported erroneously that one of the co-founders of Capricorn Records was Frank Fenton. It should have said his last name was Fenter, not Fenton.

Tarion CEO steps down, minister orders changes to board

TORONTO — Ontario's government and consumer services minister says she asked the CEO of the corporation that enforces warranties on new homes to step down. That follows a recent auditor general report that slammed Tarion Warranty Corp.