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Senate confirms Christopher Waller to serve on Fed's board

Senate confirms Christopher Waller to serve on Fed's board

WASHINGTON — The Senate on Thursday narrowly confirmed the nomination of Christopher Waller for the Federal Reserve's Board of Governors, placing another of President Donald Trump's picks on the Fed's influential board after a string of high-profile
S&P/TSX composite again creeps higher as investors digest solid November gains

S&P/TSX composite again creeps higher as investors digest solid November gains

TORONTO — Canada's main index crept higher again Thursday on a broad-based rally as investors continued to digest November's solid gains. The S&P/TSX composite index closed up 39.81 points to 17,398.02. It reached an intraday high of 17,452.
MPs probe officials on ability to collect GST from Netflix, other foreign companies

MPs probe officials on ability to collect GST from Netflix, other foreign companies

OTTAWA — Opposition MPs pressed officials Thursday to say how ready they'll be to begin collecting GST on cross-border sales by foreign companies starting next year, as proposed by the Liberal government's fiscal update.
Husky Energy to get $41.5 million in federal cash for stalled N.L. offshore project

Husky Energy to get $41.5 million in federal cash for stalled N.L. offshore project

ST. JOHN'S, N.L. — Husky Energy will receive $41.5 million in federal money to maintain jobs and move toward restarting its West White Rose offshore oil project in Newfoundland and Labrador, although officials admit a restart is not certain.
Celebrities, Santa and Zoom part of office holiday parties being held amid COVID-19

Celebrities, Santa and Zoom part of office holiday parties being held amid COVID-19

TORONTO — When the December holiday season rolls around, Rogers Communication Inc. staff usually work as efficiently as elves to transform the Rogers Centre into a carnival.
3M cutting another 2,900 global jobs in second restructuring within a year

3M cutting another 2,900 global jobs in second restructuring within a year

LONDON, Ont. — The maker of Post-it notes and industrial coatings says an additional 2,900 jobs will be cut around the world following another restructuring, this time spurred on by the COVID-19 pandemic.
TD CEO pushes 'cautious optimism' after bank reported $5.14B profit in Q4

TD CEO pushes 'cautious optimism' after bank reported $5.14B profit in Q4

TORONTO — TD Bank Group's chief executive is ending 2020 without budging from a message he's been pushing almost every quarter this year: "cautious optimism.
WSP Global shares surge with deal to buy Ontario's Golder Associates for $1.5 billion

WSP Global shares surge with deal to buy Ontario's Golder Associates for $1.5 billion

MONTREAL — WSP Global Inc. has secured a transformation deal to take advantage of the world's green transition after agreeing to buy Ontario's employee-owned Golder Associates for about $1.5 billion.
Toronto buy now, pay later company PayBright to be bought by U.S.'s Affirm for $340M

Toronto buy now, pay later company PayBright to be bought by U.S.'s Affirm for $340M

TORONTO — One of Canada's top buy now, pay later finance companies is being purchased by an American rival. San Francisco-based Affirm says it has a reached a deal to buy Toronto's PayBright for $340 million.
OPEC, Russia to nudge up oil output after hit from pandemic

OPEC, Russia to nudge up oil output after hit from pandemic

FRANKFURT — OPEC and allied countries including Russia agreed Thursday to increase oil production by 500,000 barrels a day from January and said they would meet monthly to decide further output levels, gingerly adding more crude to a global economy s