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Martinrea International sees earnings, sales rise in third quarter

Martinrea International sees earnings, sales rise in third quarter

TORONTO — Martinrea International Inc. says net income for the third quarter was $53.7 million, up from $35.9 million a year earlier. Sales for the quarter were $1.4 billion, up from $1.2 billion during the same quarter last year.
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Great-West Lifeco sees base earnings rise in third quarter to $950 million

Great-West Lifeco sees base earnings rise in third quarter to $950 million

WINNIPEG — Great-West Lifeco Inc. says its base earnings for the third quarter were $950 million, up from $809 million a year earlier.
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Manulife reports net income of $1 billion in third quarter

Manulife reports net income of $1 billion in third quarter

TORONTO — Manulife Financial Corp. says its net income rose in the third quarter from last year, supported especially by business growth in Asia.
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Suncor Energy reports third quarter profit of $1.54 billion

Suncor Energy reports third quarter profit of $1.54 billion

CALGARY — Suncor Energy Inc. says it earned a profit of $1.54 billion in the third quarter of 2023, compared to a net loss of $609 million in the prior year's quarter. The Calgary-based energy giant says its earnings work out to $1.
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National Bank no longer offering new safety deposit boxes

National Bank no longer offering new safety deposit boxes

MONTREAL — National Bank won’t offer any more new safety deposit boxes, which allow customers to keep valuable items or important documents at bank branches. It’s the first large Canadian bank to stop offering this service.
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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 (19,530.21, down 45.38 points): Suncor Energy Inc. (TSX:SU). Energy. Down 81 cents, or 1.84 per cent, to $43.29 on 10.0 million shares.
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Linamar reports net income of $146.7 million in third quarter

Linamar reports net income of $146.7 million in third quarter

GUELPH, Ont. — Linamar Corp. says it sales and income got a boost in the third quarter thanks in part to its diversification efforts away from contracts reliant on gasoline-powered vehicles. Sales were $2.43 billion in the third quarter, up from $2.
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Energy losses drag S&P/TSX composite down Wednesday, U.S. markets mixed

Energy losses drag S&P/TSX composite down Wednesday, U.S. markets mixed

TORONTO — Canada's main stock index edged lower Wednesday, led again by losses in energy as the price of oil continued to decline, while U.S. markets wobbled to a mixed close. The S&P/TSX composite index closed down 45.38 points at 19,530.21.
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AI transformative for finance but not ready for prime time: RBC's McKay

AI transformative for finance but not ready for prime time: RBC's McKay

TORONTO — Artificial intelligence is already showing its potential in transforming the financial sector, even though it's still early days, said RBC chief executive Dave McKay on Wednesday.
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Trudeau to travel to San Francisco Nov. 15-17 to attend meeting of APEC leaders

Trudeau to travel to San Francisco Nov. 15-17 to attend meeting of APEC leaders

WASHINGTON — Prime Minister Justin Trudeau is expected to travel to San Francisco next week for the annual Asia-Pacific Economic Cooperation summit.
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