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Taxes, spending and borrowing all higher as the new Labour government seeks to 'rebuild' the UK

Taxes, spending and borrowing all higher as the new Labour government seeks to 'rebuild' the UK

LONDON (AP) — British Treasury chief Rachel Reeves raised taxes Wednesday by around 40 billion pounds ($52 billion) to plug a hole she claims to have identified in the public finances and fund the U.K.
Spin Master earns US$140.1 million in third quarter, revenue rises

Spin Master earns US$140.1 million in third quarter, revenue rises

TORONTO — Spin Master Corp. says it earned US$140.1 million in its third quarter, down 15 per cent from a year earlier. The toy company known for Paw Patrol and other popular brands says revenue totalled US$885.7 million, up from US$710.
Ontario sets table to balance the books ahead of possible early election

Ontario sets table to balance the books ahead of possible early election

TORONTO — Ontario sharply lowered its projected deficit for next year in a move the opposition suggests is all about setting the stage for a balanced budget just ahead of a possible spring election.
B.C. groups lose bid to stop Alaskan fishery's sustainable certification

B.C. groups lose bid to stop Alaskan fishery's sustainable certification

A coalition of Canadian environmental groups has lost its latest bid to prevent Alaska's salmon fishery from being labelled as sustainable by an international certification body.
Parkland Corporation earns $91 million in third quarter, down from a year earlier

Parkland Corporation earns $91 million in third quarter, down from a year earlier

CALGARY — Parkland Corp. says it earned $91 million in the third quarter, down from $230 million during the same quarter a year earlier. Revenues for the quarter ended Sept. 30 were $7.1 billion, down from $8.7 billion.
Ottawa fires back at Alberta's application for judicial review of carbon price

Ottawa fires back at Alberta's application for judicial review of carbon price

EDMONTON — The federal government says Alberta Premier Danielle Smith's application for a judicial review of Ottawa’s carbon levy is nothing more than political posturing.
The loonie is trading at lows not seen in years. Here's what it means for Canadians

The loonie is trading at lows not seen in years. Here's what it means for Canadians

The Canadian dollar is trading against the U.S. dollar at levels not seen since 2020 as the combined pressures of economic outlooks, elections, and energy prices weigh. Here's what you need to know.
Kitchener-Waterloo Symphony to return one year after declaring bankruptcy

Kitchener-Waterloo Symphony to return one year after declaring bankruptcy

KITCHENER, Ont. — The Kitchener-Waterloo Symphony says it will play again, more than a year after declaring bankruptcy.
Ontario lowers projections for how many new homes will be built

Ontario lowers projections for how many new homes will be built

TORONTO — Ontario has lowered projections for how many new homes will get built in the province over the next few years, putting the government further off the pace needed to meet its target. Premier Doug Ford has pledged to get 1.
Meta's third-quarter profit surges 35% reflecting strong ad revenue and its AI push

Meta's third-quarter profit surges 35% reflecting strong ad revenue and its AI push

Meta Platforms Inc. posted stronger-than-expected results for the third quarter on Wednesday as its advertising revenue continued to grow. For the three months ended on Sept. 30, the Menlo Park, California-based company earned $15.69 billion, or $6.