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Facebook says Libra won't launch without US approval

Facebook says Libra won't launch without US approval

SAN FRANCISCO — Facebook CEO Mark Zuckerberg aims to reassure Congress on Wednesday that his company won't try to evade financial regulators as it prepares its planned digital currency Libra.
Canada's main stock index barely budges in wake of minority Liberal election

Canada's main stock index barely budges in wake of minority Liberal election

TORONTO — Canada's main stock index barely budged Tuesday in the wake of an election result that didn't stray far from market expectations. The S&P/TSX composite index closed down 26.93 points or 0.16 per cent at 16,391.52.
Oilpatch market reaction muted after election of minority Liberal government

Oilpatch market reaction muted after election of minority Liberal government

CALGARY — Investors in the oil and gas sector are shrugging off federal election results despite predictions that a Liberal minority propped up by the NDP and Greens would result in policies that hurt the industry.
Football, Chicago dramas lead NBC to ratings victory

Football, Chicago dramas lead NBC to ratings victory

NEW YORK — Football and mayhem in Chicago, unrelated to the NFL's Bears, dominated the top of the television rankings last week.
How a Liberal minority government could help, or hit, Canadians' wallets

How a Liberal minority government could help, or hit, Canadians' wallets

TORONTO — From more money for little ones to cheaper cellphone bills and a tax on luxury vehicles, a Liberal minority government and its potential parliamentary partners could help, or hit, your wallet, depending on your income level.
SNC-Lavalin shares up amid hope of possible plea deal after 2019 federal election

SNC-Lavalin shares up amid hope of possible plea deal after 2019 federal election

MONTREAL — SNC-Lavalin Group Inc. shares shot up Tuesday after the Liberal election win left open the possibility of a plea deal on fraud and corruption charges against the engineering firm.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,391.52, down 26.93 points). Encana Corp. (TSX:ECA). Energy. Up four cents, or 0.76 per cent, to $5.33 on 7.6 million shares.
Election results means more tax for foreign buyers, little change on mortgages

Election results means more tax for foreign buyers, little change on mortgages

TORONTO — The re-election of Justin Trudeau's Liberals on Monday will likely result in potential new barriers for foreign real estate investors as well as some help for first time buyer, but not the more significant changes that opposition parties ha
Husky Energy lays off staff to align with lower spending plans and strategy

Husky Energy lays off staff to align with lower spending plans and strategy

Calgary-based Husky Energy Inc. is confirming it is laying off staff but won't say how many.
McDonald's 3Q earnings down on tech investment

McDonald's 3Q earnings down on tech investment

McDonald's says it's setting itself up for future growth by investing now in advances like voice recognition ordering technology. But for some investors, the short-term financial pain is hard to swallow. McDonald's net income dropped 2% to $1.