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Commodities propel S&P/TSX composite to best day in two months, U.S. markets also up

Commodities propel S&P/TSX composite to best day in two months, U.S. markets also up

TORONTO — Commodities propelled Canada's main stock index to its best day in two months, while the Federal Reserve signalled that interest rates will increase earlier than expected. The S&P/TSX composite index closed up 157.20 points to 20,401.
Aurora Cannabis to close Edmonton facility, says 8% of its workforce to be impacted

Aurora Cannabis to close Edmonton facility, says 8% of its workforce to be impacted

Aurora Cannabis Inc. said eight per cent of its global workforce will be impacted by the forthcoming closure of one of its Alberta facilities.
Nigeria-born designer Joy Meribe opens Milan Fashion Week

Nigeria-born designer Joy Meribe opens Milan Fashion Week

MILAN (AP) — Nigeria-born designer Joy Meribe opened Milan Fashion Week on Wednesday with her debut runway collection, a concrete success for a movement to promote diversity in Italian fashion just a year after launching.
The Globe and Mail wins the most 2020 SABEW awards, The Canadian Press wins two

The Globe and Mail wins the most 2020 SABEW awards, The Canadian Press wins two

The Globe and Mail led news outlets for reporting awards from the Canadian chapter of the Society for Advancing Business Editing and Writing, with 12 silver and gold medals at the 2020 awards.
Toronto Pearson ranks low among North American mega airports in J.D. Power survey

Toronto Pearson ranks low among North American mega airports in J.D. Power survey

Toronto Pearson International Airport has ranked near the bottom among major North American flight hubs in J.D. Power's latest customer satisfaction ranking.
Fed foresees a potential rate hike as soon as next year

Fed foresees a potential rate hike as soon as next year

WASHINGTON (AP) — The Federal Reserve signaled Wednesday that it may start raising its benchmark interest rate sometime next year, earlier than it envisioned three months ago and a sign that it's concerned that high inflation pressures may persist.
Made-in-Canada cleaning robots increasingly visible amid pandemic

Made-in-Canada cleaning robots increasingly visible amid pandemic

HALIFAX — Canadians venturing out into commercial spaces for the first time since the pandemic began may spot some made-in-Canada technology whizzing around, keeping the high-traffic floors squeaky clean.
France's envoy to return to US after Macron, Biden talks

France's envoy to return to US after Macron, Biden talks

PARIS (AP) — France will send its ambassador back to Washington next week after French President Emmanuel Macron and President Joe Biden agreed in a phone call Wednesday to meet next month over a submarine spat that sent relations between the longtim

California man charged with perjury in Hollywood execs suit

NEW YORK (AP) — A Los Angeles man has been charged by New York federal prosecutors with perjury for allegedly falsifying emails to support his lawsuit against entertainment industry executives.

Ontario Teachers' buying reverse mortgage company HomeEquity Bank

TORONTO — The Ontario Teachers' Pension Plan Board has signed a deal to buy the parent company of reverse mortgage lender HomeEquity Bank. Financial terms of the deal for HomeQ Corp. were not immediately available.