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Economy, Law & Politics

RBC CEO Dave McKay says bank well positioned as tariffs create uncertainty

RBC CEO Dave McKay says bank well positioned as tariffs create uncertainty

TORONTO — Royal Bank of Canada may see near-term headwinds that drive lower-than-expected performance, but the bank is well positioned amid the current economic uncertainty, chief executive Dave McKay said Thursday.
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S&P/TSX composite down as tech and base metal stocks fall, U.S. stocks also lower

S&P/TSX composite down as tech and base metal stocks fall, U.S. stocks also lower

TORONTO — Canada's main stock index moved lower on Wednesday, weighed down by losses in the technology and base metal sectors, while U.S. stocks also dropped.
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Stock market today: Wall Street slumps as Nvidia, Tesla and other Big Tech stocks drop

Stock market today: Wall Street slumps as Nvidia, Tesla and other Big Tech stocks drop

NEW YORK (AP) — Renewed drops for Nvidia, Tesla and other former superstars dragged Wall Street lower. The S&P 500 fell 1.1% Wednesday. The Dow Jones Industrial Average lost an early gain to flip to a loss of 0.
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Bank of Canada says it would have likely held rate steady if not for tariffs

Bank of Canada says it would have likely held rate steady if not for tariffs

OTTAWA — The Bank of Canada’s top decision makers signalled they likely would have puased the interest rate easing cycle earlier this month if not for the substantial uncertainty around tariffs from the United States.
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Volken Academy drops appeal, will shut down recovery services

Volken Academy drops appeal, will shut down recovery services

Mormon founder of Surrey facility, who claimed to be on a mission from God to help drug addicts, ends addiction treatment centre in controversy
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Nearly half of small businesses do not see the U.S. as a reliable partner: CFIB

Nearly half of small businesses do not see the U.S. as a reliable partner: CFIB

TORONTO — Canadian small businesses are losing confidence in the U.S. as a reliable trading partner, and are shifting to suppliers in domestic and other international markets in the wake of President Donald Trump's tariffs.
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Trudeau was warned about Trump's trade plans before phone call: briefing note

Trudeau was warned about Trump's trade plans before phone call: briefing note

WASHINGTON — Then-prime minister Justin Trudeau went into his first phone call with a newly re-elected Donald Trump aware that the U.S. president likely was looking to reopen the Canada-U.S.
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Bryan Yu: B.C. manufacturing sees boost, but uncertainty looms

Bryan Yu: B.C. manufacturing sees boost, but uncertainty looms

Sales in B.C.’s manufacturing sector increased in January, but construction permits declined as economic pressures persisted.
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B.C. man seeking legal aid in securities fraud case

B.C. man seeking legal aid in securities fraud case

Gregory William Lawrence is charged with three offences under B.C.’s Securities Act
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Liberals hold six-point lead over Conservatives: Leger poll

Liberals hold six-point lead over Conservatives: Leger poll

OTTAWA — The federal Liberals have pushed further ahead of the Conservatives in voter support and almost half of Canadians surveyed think they'll win the election, a new poll suggests.
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