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With no end to federal deficits in sight, budget spells dismay for some economists

With no end to federal deficits in sight, budget spells dismay for some economists

OTTAWA — Even as the Liberals keep a tight focus on new clean-tech and health-care spending, the federal budget released Tuesday still projects deficits for the next five years.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,837.65, up 180.12): TC Energy Corp. (TSX:TRP). Energy. Up $1.24, or 2.36 per cent, to $53.86 on 15.2 million shares.
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S&P/TSX composite rises almost one per cent, U.S. markets also post gains

S&P/TSX composite rises almost one per cent, U.S. markets also post gains

TORONTO — Canada's main stock index rose almost one per cent Wednesday amid broad-based strength while U.S. markets also posted strong gains. “It’s a rather benign day,” said Craig Fehr, investment strategist at Edward Jones.
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Fight against toxic mining runoff from Canada persists, say U.S. Indigenous leaders

Fight against toxic mining runoff from Canada persists, say U.S. Indigenous leaders

WASHINGTON — U.S. Indigenous leaders from the Pacific Northwest say they won't give up trying to convince Canada's federal government to agree to a bilateral investigation of toxic mining runoff from the B.C. Interior. Representatives from several U.
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GOP lawmakers accuse Fed of being lax before bank failure

GOP lawmakers accuse Fed of being lax before bank failure

WASHINGTON (AP) — Republican lawmakers accused top bank regulators Wednesday of dawdling as Silicon Valley Bank hurtled toward the second-largest bank failure in U.S. history and questioned whether tougher regulations would have made a difference.
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Businesses praise credit card fee relief but consumers savings not guaranteed

Businesses praise credit card fee relief but consumers savings not guaranteed

Small business owners are praising a measure in the federal budget to lower credit card interchange fees, but some industry representatives argued the move will do little to save costs for consumers.
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Frustration, anticipation mark industry response to budget's flight delay fixes

Frustration, anticipation mark industry response to budget's flight delay fixes

MONTREAL — The federal government has air travel on its radar after laying out plans in its budget to speed up airport security screening and reduce flight delays, but industry and advocates remain skeptical.
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Mortgage moves 'good news' for borrowers, but budget lacks housing support: experts

Mortgage moves 'good news' for borrowers, but budget lacks housing support: experts

TORONTO — Real estate observers say a new mortgage code of conduct promised in the federal budget will be handy for Canadians facing financial difficulties, but they still feel the economic plan was lacking needed housing affordability measures.
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Budget measures unlikely enough to spur major carbon capture investments: Experts

Budget measures unlikely enough to spur major carbon capture investments: Experts

CALGARY — A question mark continues to hang over the future of carbon capture and storage projects in Canada, in spite of a pledge in Tuesday's federal budget to deliver more investment certainty for major emissions-reducing projects.
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Bank of Canada watching for potential spillovers from global banking stresses

Bank of Canada watching for potential spillovers from global banking stresses

MONTREAL — A senior Bank of Canada official says the central bank is keeping a close eye on the stresses to the global banking system ahead of its next interest rate decision and monetary policy report in April.
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