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Brookfield Asset Management eyes AI investments as infrastructure demand soars

Brookfield Asset Management eyes AI investments as infrastructure demand soars

TORONTO — Artificial intelligence brings massive demand for power and infrastructure and Brookfield Asset Management Ltd. says it is creating big opportunities for companies with the scale to take them on.
January rate cut came as Bank of Canada weighed U.S. tariff threat

January rate cut came as Bank of Canada weighed U.S. tariff threat

OTTAWA — The potential for a long trade war with the United States, and the uncertainty it brings even if the threat isn’t realized, weighed heavily on the Bank of Canada’s governing council when it decided to cut interest rates last month.
Tim Hortons has eye on consumer demand as U.S. tariff uncertainty weighs

Tim Hortons has eye on consumer demand as U.S. tariff uncertainty weighs

TORONTO — The president of Tim Hortons' Canadian and U.S.
Mississauga food bank system lays off staff, cuts programs to preserve food resources

Mississauga food bank system lays off staff, cuts programs to preserve food resources

MISSISSAUGA, Ont. — The food bank system in one of Ontario's largest cities says it's been forced to lay off staff and cut programs in order to keep feeding the growing number of residents who rely on food donations.
Barrick Gold reports US$2.14B profit for 2024, up from US$1.27B in 2023

Barrick Gold reports US$2.14B profit for 2024, up from US$1.27B in 2023

TORONTO — Barrick Gold Corp. says it earned US$2.14 billion in 2024, up from $1.27 billion a year earlier, helped by higher gold and copper prices. The gold miner, which keeps its books in U.S. dollars, says the profit amounted to US$1.
Local news can help battle disinformation, report finds. But outlets are struggling

Local news can help battle disinformation, report finds. But outlets are struggling

TORONTO — A new report that surveyed residents of small towns across Canada says a lack of local news outlets weakens community ties and affects people's understanding of how government, schools and hospitals function.
Trump's metal tariff threats shake up the Canadian can industry

Trump's metal tariff threats shake up the Canadian can industry

TORONTO — U.S. President Donald Trump's threat to impose sweeping metals tariffs is creating worry and opportunity in can manufacturing and packaging, an industry that relies heavily on the raw materials.
CPP Investments earned 3.8% in third quarter, net assets grew to $699.6 billion

CPP Investments earned 3.8% in third quarter, net assets grew to $699.6 billion

TORONTO — The Canada Pension Plan Investment Board earned a net return of 3.8 per cent in its latest quarter. The result came as CPP Investments' net assets grew to $699.6 billion at Dec. 31, up from $675.1 billion at the end of the previous quarter.
White House bars AP reporter from Oval Office because of AP style policy on 'Gulf of America'

White House bars AP reporter from Oval Office because of AP style policy on 'Gulf of America'

NEW YORK (AP) — The White House blocked an Associated Press reporter from an event in the Oval Office on Tuesday after demanding the news agency alter its style on the Gulf of Mexico, which President Donald Trump has ordered renamed the Gulf of Ameri
Multinational food and beverage firms push Canadian-made products amid tariff spat

Multinational food and beverage firms push Canadian-made products amid tariff spat

Amid a "buy Canadian" push inspired by trade tensions with the U.S., some multinational food and beverage companies are working hard to highlight their Canadian-made products.