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Ontario Teachers' Pension Plan earned 11.1 per cent return in 2021

Ontario Teachers' Pension Plan earned 11.1 per cent return in 2021

TORONTO — The Ontario Teachers' Pension Plan earned a total-fund net return of 11.1 per cent last year as its net assets grew to $241.6 billion. The pension fund manager says the result topped its benchmark which came in at 8.
Rio Tinto makes offer to take Turquoise Hill Resources private

Rio Tinto makes offer to take Turquoise Hill Resources private

MONTREAL — Rio Tinto International Holdings Ltd. made an offer Monday to buy the 49 per cent stake in Turquoise Hill Resources Ltd. it does not already own and to take it private. The proposal values the minority stake in company at about $3.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Ukraine The Russian invasion of Ukraine is expected to continue to dominate headlines this week.
Historic Houston theater's pandemic rescue a public good

Historic Houston theater's pandemic rescue a public good

HOUSTON (AP) — After a historic Houston theater seemingly closed for good last year due to economic challenges from the coronavirus pandemic, its supporters — including film lovers, preservationists and directors Richard Linklater and Wes Anderson —
Texas judge blocks investigations of trans youth parents

Texas judge blocks investigations of trans youth parents

AUSTIN, Texas — A Texas judge on Friday blocked the state from investigating as child abuse gender confirming care for transgender youth.
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 Friday on the Toronto Stock Exchange: Toronto Stock Exchange (21,461.83, down 119.87 points.) Suncor Energy Inc. (TSX:SU). Energy. Up three cents, or 0.1 per cent, to $40.49 on 14.1 million shares.
S&P/TSX composite falls despite strong jobs report, but up for a third-straight week

S&P/TSX composite falls despite strong jobs report, but up for a third-straight week

TORONTO — Canada's main stock index fell on Friday despite a strong jobs report in February but still ended higher for a third straight week as the Ukraine war continued to spawn volatility and push oil prices higher.
Amid global energy crisis, labour shortage constrains growth of Canadian oilpatch

Amid global energy crisis, labour shortage constrains growth of Canadian oilpatch

CALGARY — Labour shortages in Canada's oil and gas industry could curb its ability to quickly step in to fill a gap in supply left in the wake of U.S. sanctions against Russia, industry insiders say.
Dorel continued to be hampered in Q4 by supply chain constraints, rising costs

Dorel continued to be hampered in Q4 by supply chain constraints, rising costs

Worsening supply chain constraints and higher costs, especially for transportation, increased fourth-quarter and 2021 net losses at juvenile products and home furnishings manufacturer Dorel Industries Inc.
'It's scorching:' What Canada's hot labour market means for job hunters, recruiters

'It's scorching:' What Canada's hot labour market means for job hunters, recruiters

Canada's jobless rate has tumbled below pre-pandemic levels, creating a candidate-driven market where job postings abound but workers are hard to find. The unemployment rate sank to 5.5 per cent in February — the lowest it's been since it was 5.