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Float Financial raises $70 million from Goldman Sachs, OMERS among others

Float Financial raises $70 million from Goldman Sachs, OMERS among others

TORONTO — Toronto-based Float Financial Solutions Inc. says it has signed a $70 million financing round led by Goldman Sachs' growth equity division.
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Canadians' financial stress ramping up despite interest rate cuts: MNP

Canadians' financial stress ramping up despite interest rate cuts: MNP

Half of Canadians are $200 or less away from being unable to cover their monthly bills and debt payments, according to MNP Ltd.'s quarterly report on consumer debt.
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China's exports in December up 10.7%, beating estimates as higher US tariffs loom

China's exports in December up 10.7%, beating estimates as higher US tariffs loom

HONG KONG (AP) — China’s exports in December grew at a faster pace than expected, as factories rushed to fill orders to beat higher tariffs that U.S. President-elect Donald Trump has threatened to impose once he takes office. Exports rose 10.
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Trudeau says Trump's comments on 51st state 'flattering' but a 'non-starter'

Trudeau says Trump's comments on 51st state 'flattering' but a 'non-starter'

OTTAWA — Prime Minister Justin Trudeau says talk of Canada becoming the 51st state is a distraction from more pressing threats of U.S tariffs on Canada and their likely impact.
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China's exports in December grew 10.7%, beating estimates amid uncertainty over trade tariffs

China's exports in December grew 10.7%, beating estimates amid uncertainty over trade tariffs

HONG KONG (AP) — China’s exports in December grew at a faster pace than expected, as factories rushed to fulfill orders amid uncertainty over trade tariffs that could be imposed by U.S. President-elect Donald Trump. Exports in December grew 10.
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Delays, Trudeau resignation threaten Toronto-Quebec City high-frequency rail project

Delays, Trudeau resignation threaten Toronto-Quebec City high-frequency rail project

MONTREAL — Canadians hoping plans for high-frequency rail between Toronto and Quebec City would move forward this year will instead see further delays — and the prospect of a federal election makes the timeline more uncertain than ever.
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Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week, including Foreign Affairs Minister Mélanie Joly's trip to Washington and a speech from Bank of Canada deputy governor Toni Gravelle.
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Justin Trudeau's own walk in the snow launched a historic week in federal politics

Justin Trudeau's own walk in the snow launched a historic week in federal politics

OTTAWA — “Sunny ways, my friends. Sunny ways.” With those words, Prime Minister Justin Trudeau began his time in office, having brought the Liberals out of the political wilderness and into a majority government in October 2015.
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Cybersecurity breach of Nova Scotia school system could have financial impact

Cybersecurity breach of Nova Scotia school system could have financial impact

HALIFAX — Nova Scotia's Education Department has asked for help from IBM as it investigates a cybersecurity breach involving a student information system used across North America, saying the breach could have a financial impact on some former and cu
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Ottawa Food Bank reducing food sent to agencies because of mounting costs

Ottawa Food Bank reducing food sent to agencies because of mounting costs

The Ottawa Food Bank says it will reduce the amount of food it provides to programs within its network as it copes with increasing costs and growing demand for its services.
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