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Hydro One announces appointment of Vice President of Investor Relations

TORONTO, April 3, 2018  – Hydro One Limited (Hydro One) is pleased to announce the appointment of Omar Javed as Vice President of Investor Relations, effective immediately. Mr. Javed has been with Hydro One since the Initial Public Offering, and was most recently Director, Investor Relations. He has tremendous experience ...

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‘What keeps me up at night’: Trump’s trade czar explains hawkish moves on China 

By Alexander Panetta THE CANADIAN PRESS WASHINGTON- It was President Donald Trump who announced a broad trade offensive against China on Thursday, with wide-ranging tariffs, an international lawsuit and investment restrictions to combat alleged theft of Americans’ intellectual property. It was his trade czar, however, who made the most elaborate ...

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Hydro Quebec profits slip to $2.89 billion despite record exports

MONTREAL -Hydro-Quebec’s net profit fell slightly last year despite record net electricity exports. The state-owned utility says it earned $2.85 billion, down from $2.86 billion in 2016. The results include $45 million it shared with customers because profits surpassed the regulator-approved rate of return. Excluding this payment, Hydro-Quebec’s adjusted profit was ...

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Canada, Mexico getting indefinite relief from U.S. steel, aluminum tariffs

WASHINGTON -Canada can breathe easier, for now: It’s getting relief from U.S. tariffs for an undetermined period. U.S. President Donald Trump is signing proclamations hammering global steel and aluminum imports with tariffs of 25 and 10 per cent. They go into effect in 15 days. Trump is signing the documents ...

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Federal government puts pressure on railways to clear grain shipment backlog 

  OTTAWA -The Trudeau government is putting pressure on Canada’s two major railways to clear a growing backlog of grain shipments that is undermining the country’s reputation as a reliable exporter and putting farmers in a cash-flow crunch. Transport Minister Marc Garneau and Agriculture Minister Lawrence MacAulay have written jointly ...

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RBC hikes dividend as it reports flat first quarter profit of $3 billion

By Armina Ligaya THE CANADIAN PRESS TORONTO- The Royal Bank of Canada hiked its dividend and delivered flat profits in the first quarter, as new U.S. tax reforms weighed on its latest earnings but also boosted the bank’s business south of the border. The Toronto-based lender increased its quarterly payment ...

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Milan Fashion Week opens with #metoo moment of reflection

By Colleen Barry THE ASSOCIATED PRESS Milan Fashion Week got underway Wednesday with a moment’s pause to put focus on women who have come forward as victims of sexual misconduct. Ambra Battilana Gutierrez, who accused Harvey Weinstein of groping her in 2015 and worked with investigators on a sting targeting ...

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Hudbay Minerals Inc. swings to higher profits and revenue in latest quarter

TORONTO – Hudbay Minerals Inc. has reported that it profits and revenue rose in the latest quarter, as the miner saw an increase in cash flow due to higher realized copper and zinc prices.   The Canadian metals and mining company reported net income for the quarter ended Dec. 31 ...

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