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Money - Feed
Find the latest news stories from Winnipeg Sun on the topic Money. |
 Report says top CEOs to earn more by lunch than average worker in 2017TORONTO -- Before noon today, Canada's highest-paid CEOs will earn more than the average working person's income for all of 2017.
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 Nearly half of Canadians aren't taking steps to meet financial goals: CIBC pollA new report from CIBC says about half of Canadians aren't taking sufficient steps to stay on top of their financial priorities in the coming year.
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 Ashley Madison's Toronto parent company pays $1.6M in settlements after security breachThe Toronto-based parent company of the infidelity dating site Ashley Madison says it has paid more than US$1.6 million in settlements as part of an investigation led by the U.S. Federal Trade Commission.
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 Bombardier didn't report 10,000 litre jet-fuel spillBombardier Inc said on Thursday it had spilled 10,000 liters of kerosene in February at its Mirabel plant outside of Montreal in Quebec, but failed to report the accident with environment officials immediately.
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 Sbarro pizza chain files for bankruptcy protectionSbarro LLC, the pizza restaurant chain, on Monday filed for bankruptcy protection for the second time in less than three years.
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 Boeing reports wing cracks on 40 planes in productionBoeing Co said on Friday that "hairline cracks" had been discovered in the wings of about 40 787 Dreamliners that are in production, marking another setback for the company's newest jet.
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 Canada loses 7K jobs in February, unemployment still at 7 per centThe Canadian economy unexpectedly lost 7,000 jobs in February, giving little reason for the Bank of Canada to change its neutral stance on interest rates after strong hiring in January had raised hopes of renewed vigor in the labor market.
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 Staples to shut 225 stores in Canada and U.S.Staples Inc said it would close up to 225 stores in the United States and Canada - 12 percent of its North America outlets - and forecast another quarter of sales decline as it loses customers to mass market chains and e-retailers.
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 Bank of Canada holds rates, frets about low inflationThe Bank of Canada continued to express concerns about weak inflation on Wednesday, even after consumer prices picked up markedly in January, and repeated that its next move on interest rates could be either up or down.
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 Mortgage loan premiums going upThe Canada Mortgage and Housing Corporation is hiking its mortgage loan insurance premiums.
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 Japan to regulate and tax Bitcoin tradesThe Japanese government will set rules for trading bitcoin, including imposing taxes on transactions with the virtual currency, that will become the basis for guidelines applicable to similar currencies in future, the Nikkei reported.
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 Chrysler cancels request for financial help from Ontario, fedsChrysler Group LLC said on Tuesday it would push ahead with major development plans for two assembly plants in the Canadian province of Ontario, but it will keep its "strategic options" open after withdrawing requests for government funding.
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 Will Warren Buffett's investment advice work for you?In his most recent Berkshire Hathaway shareholder letter, the ever-folksy Warren Buffett sounds more like a personal finance guru than a financial mastermind, focusing on buy-and-hold investing and advocating indexing strategies.
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 Canada's top six banks to get capital surcharge as of 2016Canada's banking watchdog said on Tuesday it sees the country's six largest banks as being of systemic importance to the domestic economy and that it will make them keep 1% more capital on hand starting January 2016 to protect them from financial disruption.
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 Saving your family, the world and your soulIn my discussions with accomplished women around the world, I have discovered that many are investing their resources in personal causes.
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 The 2013 Budget breakdown
[Video]Liberal Treasury Board Critic John McCallum joins Nicole Dube with his take on the federal budget.
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 Cyprus eyes bailout dealCyprus was just hours away from a deal on Friday to raise billions of euros and unlock a bailout from the European Union that could avert financial meltdown and exit from the euro, its ruling party said.
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 Lululemon says pants recall will dent profitsLululemon Athletica Inc said on Thursday it expects earnings to drop in the current quarter, hurt by a recall of its trendy workout pants, and reported results for the quarter ended Feb. 3 that came in slightly ahead of forecasts.
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 EU gives Cyprus bailout ultimatum, risks euro exitThe European Union gave Cyprus till Monday to raise the billions of euros it needs to secure an international bailout or face a collapse of its financial system that could push it out of the euro currency zone.
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 Budget gets thumbs up from business groupsThe guy with the biggest smile on his face after reading the 2013 budget is an economist named Jay Myers, the CEO of the Canadian Manufacturers and Exporters (CME), one of the country's biggest and most influential business lobby groups.
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 Saskatchewan remains best in classI was recently discussing the economic situation in Quebec with a business acquaintance from outside the province. She asked what the new Pauline Marois government was planning to do to get rid of our "huge deficit."
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 American Airlines, US Airways plan $11 billion mergerAmerican Airlines and US Airways Group said they plan to merge in a deal that will form the world's biggest air carrier, which will have a combined equity value of $11 billion.
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 Canadians say they'll contribute to RRSP, but many won't: CIBCSixty-per-cent of Canadians plan to put cash in their RRSP or TFSA this year, but judging from past years many likely won't, CIBC says.y.
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 Canada Post publishes postal codesCanada Post has publicly released a chunk of its postal code database, even as it continues to pursue a lawsuit against a small start-up for also giving away postal codes for free.
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 Al Gore's Current TV bought by Al Jazeera
[Video]Al Jazeera said on Wednesday it will buy Current TV, the struggling cable channel founded by Al Gore and partners, in a move that will boost the Qatar-based broadcaster's footprint in the United States.
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