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Federal Reserve raises rates for 11th time to fight inflation but gives no clear sign of next move

Federal Reserve raises rates for 11th time to fight inflation but gives no clear sign of next move

WASHINGTON (AP) — The Federal Reserve raised its key interest rate Wednesday for the 11th time in 17 months as part of its ongoing drive to curb inflation. But it provided little guidance about when — or whether — it might hike rates again.
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GFL Environmental sees revenue, net income grow in second quarter

GFL Environmental sees revenue, net income grow in second quarter

VAUGHAN, Ont. — GFL Environmental Inc. says its net income from continuing operations was $293.8 million in the second quarter, up from $82.6 million a year earlier. The Vaughan, Ont.-based company says revenue for the quarter ended June 30 was $1.
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Canada geese 'stained' with crude oil at Imperial Oil facility in Alberta

Canada geese 'stained' with crude oil at Imperial Oil facility in Alberta

CALGARY — The Alberta Energy Regulator says a flock of Canada geese were stained with oil after landing on a lagoon at an Imperial Oil facility northwest of Cold Lake.
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New electric vehicle charging network being built by major automakers could lure more buyers to EVs

New electric vehicle charging network being built by major automakers could lure more buyers to EVs

DETROIT (AP) — The announcement Wednesday that seven major automakers are joining to build a large North American electric vehicle charging network should pull people off the sidelines to at least consider shifting away from gas-powered vehicles.
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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 (20,561.64, up 10.11): TC Energy Corp. (TSX:TRP). Energy. Up 44 cents, or 0.91 per cent, to $48.94 on 11.9 million shares.
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S&P/TSX composite steps higher Wednesday, U.S. stock markets mixed after rate hike

S&P/TSX composite steps higher Wednesday, U.S. stock markets mixed after rate hike

TORONTO — Canada's main stock index posted anemic gains Wednesday as a rise in battery metals, industrials and health care balanced out weakness in technology stocks, while U.S. markets were mixed after another central bank rate hike.
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Stock market today: Wall Street ends mixed after Fed raises interest rates

Stock market today: Wall Street ends mixed after Fed raises interest rates

NEW YORK (AP) — Wall Street held steady after the Federal Reserve followed through on expectations and raised its benchmark interest rate to its highest level in more than two decades.
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Sun Life to acquire victual care provider Dialogue Health Technologies

Sun Life to acquire victual care provider Dialogue Health Technologies

TORONTO — Sun Life Financial Inc. has reached a deal to acquire virtual care provider Dialogue for about $277 million.
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Big global brands drove supplier prices higher in second quarter: Loblaw

Big global brands drove supplier prices higher in second quarter: Loblaw

BRAMPTON, Ont. — Large global suppliers are driving costs higher for Loblaw Companies Ltd., the firm said as it released earnings for the second quarter that showed profits up despite lower gross margins.
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BoC mindful of not overdoing rate hikes, summary of deliberations reveals

BoC mindful of not overdoing rate hikes, summary of deliberations reveals

OTTAWA — The Bank of Canada says it's trying to not raise interest rates more than it has to, as members of the governing council are mindful of the risks associated with raising rates too much.
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