Monthly Archive: April 2018

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TD Bank raises 5-year posted mortgage rate, Royal Bank also upping rate

TORONTO — Two of Canada’s biggest banks are raising their benchmark rates for five-year, fixed-rate mortgages. TD says as of Wednesday it increased its posted rate for five-year fixed mortgages to 5.59 per cent from 5.14 per cent. Mortgage planner and rate comparison website founder Robert McLister says the increase is “unusual” as the benchmark […]

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Cameco reports turn to a profit in Q1 compared with loss a year ago

SASKATOON — Uranium miner Cameco Corp. reported a profit in its latest quarter compared with a loss a year ago as it was helped by a restructuring of its Kazakh joint venture and higher uranium prices and sales. The Saskatoon-based company says it earned $55 million, or 14 cents per share, for the quarter ended […]

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Wynn proposes renaming casino Encore Boston Harbor

BOSTON — Wynn Resort is proposing renaming its Massachusetts casino set to open next year from Wynn Boston Harbor to Encore Boston Harbor. New company CEO Matthew Maddox announced plans to adopt a moniker used on one of its Las Vegas casinos Friday. He spoke at a Boston hearing on the company’s request to remove […]

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How the government hopes to strengthen intellectual property in Canada

OTTAWA — The federal government has unveiled new measures on intellectual property as it seeks to improve Canada’s performance in a critical area of the increasingly important ideas-based economy. Intellectual property, or IP, is about owning, protecting and making money from an idea in any sector through intangible assets like patents, trademarks and copyrights. In […]