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Canaccord Genuity buying Mercer's Canadian private wealth business

Canaccord Genuity buying Mercer's Canadian private wealth business

TORONTO — Canaccord Genuity Group Inc. has signed a deal to acquire the Canadian private wealth business of Mercer Global Investments Canada Ltd. Financial terms of the agreement were not immediately available.
CGI reports $382.4M first-quarter profit, up from $367.4M a year earlier

CGI reports $382.4M first-quarter profit, up from $367.4M a year earlier

MONTREAL — CGI Inc. reported a first-quarter profit of $382.4 million, up from $367.4 million a year earlier, as its revenue rose more than 10 per cent. The technology and business consulting firm says the profit amounted to $1.
Investors not walking the talk when voting on climate commitments: report

Investors not walking the talk when voting on climate commitments: report

TORONTO — A report from an investor-focused advocacy group raises questions about how well some of Canada's biggest investors are meeting their climate commitments.
European inflation eases for third month to 8.5%

European inflation eases for third month to 8.5%

LONDON (AP) — Europe's inflation rate dipped at the start of the year, giving some relief to consumers but still leaving them facing higher prices. The consumer price index for the 20 countries that use the euro currency fell to 8.
CP Rail hires thousands as it awaits regulatory go-ahead for KCS merger

CP Rail hires thousands as it awaits regulatory go-ahead for KCS merger

CALGARY — Canadian Pacific Railway Ltd. is on a hiring spree as it awaits regulatory go-ahead for its acquisition of Kansas City Southern.
S&P/TSX composite gains 200 points Tuesday, U.S. markets also up

S&P/TSX composite gains 200 points Tuesday, U.S. markets also up

TORONTO — Canada's main stock index gained almost 200 points Tuesday with broad-based strength across sectors while U.S. markets also rose, erasing Monday's losses. The S&P/TSX composite index was up 195.27 points at 20,767.38.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,767.38, up 195.27): Enbridge Inc. (TSX:ENB). Energy. Up 21 cents, or 0.39 per cent, to $54.48 on 19 million shares.
Greater Vancouver home sales to flatten while prices inch up, forecast says

Greater Vancouver home sales to flatten while prices inch up, forecast says

VANCOUVER — Home sales in Greater Vancouver are predicted to stay in line with last year’s slower pace, while prices inch up slightly. The forecasts are contained in the Real Estate Board of Greater Vancouver's outlook for 2023 released Tuesday.
Wall Street climbs to add more to its strong January

Wall Street climbs to add more to its strong January

NEW YORK (AP) — Wall Street closed out a strong January with more gains. The S&P 500 rose 1.5% Tuesday, marking its third winning month in the last four. The Dow rose 1.1% and the Nasdaq rose 1.7%.
'Hands off Africa!': Pope blasts foreign plundering of Congo

'Hands off Africa!': Pope blasts foreign plundering of Congo

KINSHASA, Congo (AP) — Pope Francis demanded Tuesday that foreign powers stop plundering Africa’s natural resources for the “poison of their own greed” as he arrived in Congo to a raucous welcome by Congolese grateful he was focusing the world’s atte