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Auto prices to ease but affordability still a challenge with no quick fix: experts

Auto prices to ease but affordability still a challenge with no quick fix: experts

TORONTO — Automakers have made high-profile price cuts for some of the most well-known electric cars this year, but experts say the overall sticker shock of buying vehicles will prove harder to remove.

Brookfield Reinsurance to buy Argo for US$1.1 billion in cash

TORONTO — Brookfield Reinsurance has signed a deal to buy Argo Group International Holdings for US$1.1 billion in cash. Argo is a U.S. focused underwriter of specialty insurance products.
UK watchdog says Microsoft's Activision deal hurts gamers

UK watchdog says Microsoft's Activision deal hurts gamers

LONDON (AP) — Microsoft’s stalled $68.7 billion deal to buy video game company Activision Blizzard has hit a fresh hurdle in the United Kingdom, where the antitrust watchdog said Wednesday that it will stifle competition and hurt gamers.

TMX Group proposes to split shares on a five-for-one basis

TORONTO — TMX Group Ltd. is proposing to split its shares on a five-for-one basis. The operator of the Toronto Stock Exchange says it believes the split may encourage greater liquidity for its shares. Shares in the company closed at $133.
Héroux-Devtek reports Q3 profit down from year ago, sales higher

Héroux-Devtek reports Q3 profit down from year ago, sales higher

MONTREAL — Héroux-Devtek Inc. reported a profit of $1.8 million in its latest quarter, down from $6.5 million a year earlier as its sales climbed higher.
West Fraser Timber Co. to temporarily curtail operations at Quesnel, B.C., mill

West Fraser Timber Co. to temporarily curtail operations at Quesnel, B.C., mill

VANCOUVER — West Fraser Timber Co. says it's curtailing operations at Cariboo Pulp & Paper in Quesnel, B.C., beginning in mid-April for one month and then for another month in the third quarter.
Fed's Powell: Strong hiring could force further rate hikes

Fed's Powell: Strong hiring could force further rate hikes

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Tuesday that if the U.S.
S&P/TSX composite up 100 points, U.S. markets post gains after Federal Reserve speech

S&P/TSX composite up 100 points, U.S. markets post gains after Federal Reserve speech

TORONTO — Canada's main stock index gained almost 100 points Tuesday as strong performance in the energy sector was dragged down by losses in telecom and utilities, while U.S. markets also rose. The S&P/TSX composite index was up 96.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,725, up 96.08): Enbridge Inc. (TSX:ENB). Energy. Up 17 cents, or 0.31 per cent, to $54.63 on 12 million shares. Suncor Energy Inc.
Premium tickets or discounts? Cineplex CEO 'experiments' with ticket price

Premium tickets or discounts? Cineplex CEO 'experiments' with ticket price

TORONTO — While audiences rush back to theatres to catch "Avatar: The Way of Water" on pricey Imax screens, the head of Cineplex Inc.