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Maple Leaf Foods to close aging Brantford poultry plant, consolidate production

Maple Leaf Foods to close aging Brantford poultry plant, consolidate production

MISSISSAUGA, Ont. — Maple Leaf Foods says it's closing its aging poultry plant in Brantford, Ont. and consolidating its production into its existing network through early next year.
Pay increases, AI provisions included in Writers Guild of Canada labour deal

Pay increases, AI provisions included in Writers Guild of Canada labour deal

TORONTO — The Writers Guild of Canada has ratified a new three-year contract that increases pay and implements artificial intelligence protections for writers, story editors and story consultants.

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 (22,346.76, down 121.40 points): Enbridge Inc. (TSX:ENB). Energy. Down eight cents, or 0.16 per cent, to $50.12 on 15.9 million shares.
S&P/TSX composite down as energy and base metal stocks fall, U.S. markets also lower

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

TORONTO — Canada's main stock index was down more than 100 points Wednesday, weighed down by losses in base metal and energy stocks, while U.S. stock markets also moved lower ahead of after-market earnings from Nvidia.
Hot Docs to close its flagship cinema, lay off staff for three months

Hot Docs to close its flagship cinema, lay off staff for three months

TORONTO — Ongoing financial uncertainty is forcing the Hot Docs Film Festival to temporarily close its flagship Toronto theatre and lay off staff for about three months, the organization said Wednesday.
Employers rethink value of employee connections in era of remote work: report

Employers rethink value of employee connections in era of remote work: report

TORONTO — The rise of remote work has led to a loss of workplace social connections that is negatively affecting employees, a new report suggests.
CPP Investments earned 8% in latest fiscal year, net assets rose to $632 billion

CPP Investments earned 8% in latest fiscal year, net assets rose to $632 billion

TORONTO — Canada's biggest pension fund earned an eight per cent return last year, but significantly underperformed the 19.9 per cent return of its reference portfolio.
Shopify CEO Tobi Lütke joins Meta advisory council along with other tech leaders

Shopify CEO Tobi Lütke joins Meta advisory council along with other tech leaders

TORONTO — Shopify Inc.'s founder and chief executive Tobi Lütke has joined a group that Facebook and Instagram's parent company has set up to advise its leadership. Meta Platforms Inc.
Former head of military HR sues Armed Forces, government after misconduct case

Former head of military HR sues Armed Forces, government after misconduct case

OTTAWA — A former military leader who was accused of sexual misconduct in 2021 is suing the federal government, the Armed Forces and his accuser, claiming he was maliciously prosecuted for political reasons. Lt.-Gen.
Mortgage lending among top risks facing financial system: OSFI

Mortgage lending among top risks facing financial system: OSFI

OTTAWA — Canada's banking regulator says real estate secured lending and mortgages are among the top risks facing the country's financial system as higher interest rates put pressure on borrowers.
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