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TORONTO — Executives at Shaw Communications Inc. are sure to be watching closely as a battle for control at Rogers Communications Inc.

OTTAWA — The Bank of Canada is warning inflation will stay higher for longer than it previously forecast and signalled that an interest rate hike may be coming sooner than expected.

CALGARY — Surging global commodity prices helped lift Teck Resources Ltd. to a record third quarter and the company said Wednesday it's on track to surpass those results in the fourth quarter of this year.

TORONTO — The University of Toronto has become the latest institution to commit to the divestment movement, saying Wednesday that it will sell off all fossil fuel investments in its $4 billion endowment fund by the end of 2030 to help fight climate c

TORONTO — H&R Real Estate Investment Trust, one of Canada's largest landlords, announced a plan to spin off or sell its retail and office properties in a bid to focus on the residential and industrial sector.

CALGARY — TC Energy Corp. is planning to eliminate more than 1,000 construction jobs related to its decision to halt work on its Keystone XL pipeline expansion project. The company suspended work on the project Wednesday as U.S.

TORONTO — Canada's main stock index dipped in early trading, lagging U.S. markets as the 91Ô­´´ dollar headed higher. The S&P/TSX composite index was down 33.13 points at 17,981.78. In New York, the Dow Jones industrial average was up 37.

WASHINGTON — U.S. home construction jumped 5.8% in December to 1.67 million units, a 14-year high that topped the strongest annual showing from the country's builders in 15 years. The better-than-expected December gain followed an increase of 9.

WASHINGTON — The number of Americans seeking unemployment benefits fell slightly last week to 900,000, still a historically high level that points to ongoing job cuts in a raging pandemic.

TORONTO — More than 200,000 91Ô­´´ businesses could close permanently during the COVID-19 crisis, throwing millions of people out of work as the resurgence of the virus worsens across much of the country, according to new research.