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Economy, Law & Politics

RBC to close 25 HSBC locations, convert others once takeover closes next week

RBC to close 25 HSBC locations, convert others once takeover closes next week

TORONTO — Royal Bank of Canada says it will be closing 25 HSBC Bank Canada branches and rebranding dozens more after its takeover deal closes next week.
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B.C. unveils flood strategy, adds $39 million in funding for flood mitigation

B.C. unveils flood strategy, adds $39 million in funding for flood mitigation

VANCOUVER — Catastrophic flooding in British Columbia that caused billions in damages to infrastructure, property and homes has resulted in a new comprehensive flood strategy to help communities reduce risk and respond to extreme events.
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Canada ranks last in primary health care access among 10 wealthy countries: report

Canada ranks last in primary health care access among 10 wealthy countries: report

Canada ranked last in access to primary health care in a survey of 10 high-income countries released by the Canadian Institute for Health Information on Thursday.
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Businesses worried about ESG fraud as stakeholder pressure mounts: KPMG poll

Businesses worried about ESG fraud as stakeholder pressure mounts: KPMG poll

TORONTO — Businesses are increasingly concerned about ESG fraud, which is when a company's environmental, social and governance efforts or data are exaggerated, embellished or distorted.
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More Canadians have poor mental health. The economy is partly to blame, survey says

More Canadians have poor mental health. The economy is partly to blame, survey says

The double whammy of the COVID-19 pandemic and economic stressors is taking a toll on the mental health of Canadian adults, according to new data released by the Canadian Institute for Health Information on Thursday.
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BoC expects quantitative tightening to end in 2025, deputy governor says

BoC expects quantitative tightening to end in 2025, deputy governor says

OTTAWA — The Bank of Canada expects quantitative tightening to end sometime in 2025, deputy governor Toni Gravelle said in a speech Thursday about how the central bank plans to manage its balance sheet.
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Federal minimum wage rising to $17.30 an hour on April 1

Federal minimum wage rising to $17.30 an hour on April 1

OTTAWA — The federal minimum wage is rising to $17.30 per hour on April 1. The increase from $16.65 reflects the increase in the annual average consumer price index for 2023.
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Company behind CRD biosolids sued in U.S. over health issues, animal deaths

Company behind CRD biosolids sued in U.S. over health issues, animal deaths

Synagro Technologies is a majority owner in the residual treatment facility at Hartland.
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B.C. aquatech firm lands $28M for salmon farm improvements

B.C. aquatech firm lands $28M for salmon farm improvements

Campbell River company developed more environmentally friendly salmon farm
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Decision pending in B.C. nurse's J.K. Rowling billboard case

Decision pending in B.C. nurse's J.K. Rowling billboard case

In 2020, nurse Amy Hamm co-sponsored a Vancouver billboard saying 'I Love JK Rowling.'
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