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Toronto Editing News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Canadian banks quarterly profits seen pressured by higher bad-debt provisions

Canadian banks are expected to set aside money for challenging days, which will hurt quarterly earnings, as investors await commentary on how the lenders will navigate a prolonged high interest-rate.

Solaris ends plan to sell stake to China s Zijin Mining, cites government rules

Solaris Resources has scrapped plans to sell a minority stake to China s Zijin Mining Group because it feared the deal was unlikely to meet Canada s stringent foreign- investment standards in a timely.

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