Canadian Dollar Surges as Stock Markets Gain for Second Straight Day

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The Canadian dollar surged today against a lower greenback, while rising commodities helped push the Toronto stock market higher. The loonie was up 0.70 of a U.S. cent to 75.14 cents U.S. as other currencies also rose against the U.S. dollar. In Toronto, the S&P/TSX composite index advanced for a second day in a row, climbing 113.72 points to 15,516.75. ...

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New Leaf Cancels Flights, Saying Competitor Copied Plan

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WINNIPEG—Discount air carrier NewLeaf Travel says it is cancelling plans to offer flights between Alberta and the Phoenix-Mesa airport in Arizona this year because another airline copied the idea. Jim Young, president and CEO of the Winnipeg-based company, made the announcement Tuesday on the company’s Facebook page. He said within hours of NewLeaf announcing the Arizona route, another airline “lowered ...

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Encana Expects 2017 Profit to be 25% Above Projections

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CALGARY—Encana Corp. says it’s even more optimistic about its prospects in 2017 than it was a few months ago. The Calgary-based oil and gas company now expects its corporate profit margin to be above $10 (U.S.) per barrel of oil equivalent. That’s 25 per cent higher than the $8 per barrel margin anticipated at Encana’s investor day in October. Encana ...

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TCT Teases New BlackBerry Smartphone with Physical Keyboard

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TORONTO—TCL Communication Technology Holdings Ltd. (TCT) has previewed a new BlackBerry-branded smartphone with a physical keyboard ahead of the Consumer Electronics Show in Las Vegas. TCT released a 22-second video showing the phone with a touchscreen, physical keyboard and a BlackBerry logo on the back. BlackBerry inked a deal with TCT last month that allows the company to design, manufacture ...

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Gauthier Scores Two, Stephens Returns as Canada tops Czechs 5-3 at World Juniors

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MONTREAL – The Canadians owned the puck most of the night and dominated the shots 41-19, but there were some tight moments in their 5-3 win over the Czech Republic. The Czechs took the first-period lead and tied it 2-2 in the second before Canada pulled away on a pair of third-period goals from Julien Gauthier to win the quarter-final ...

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Raptors-Lakers Reaction: Is Paul Millsap the Missing Piece?

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Will get to thoughts on Lakers-Raptors shortly, but everyone wants to talk about Paul Millsap at the moment. That’s because ESPN recently reported that the Atlanta Hawks are listening to calls on the talented big man. Perhaps that’s because they saw Millsap’s long-time frontcourt partner Al Horford leave as a free agent last summer. The Hawks are in the mix ...

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Raptors’ Lowry Put on Some Show in L.A.

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SAN ANTONIO — Kyle Lowry has had some stellar games as a member of the Raptors but Sunday’s might be right up there with his very best. In just over 39 minutes, Lowry scored a personal season-high 41 points, going 12-for-16 from the field including six-for-seven from beyond the three-point line. He also had nine rebounds and seven assists, while ...

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Stephens Leads Team Canada to Quarterfinal Victory Over Czech Republic

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MONTREAL — Mitchell Stephens didn’t want to talk about it. “Next question,” he had said when asked about the ankle injury that had kept the Team Canada forward out of the lineup for the previous two games. The point was that whatever had been bothering Stephens was no longer an issue. And in a 5-3 quarterfinal win over the Czech ...

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Game Day: Maple Leafs at Capitals

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TORONTO MAPLE LEAFS at WASHINGTON CAPITALS Tuesday, 7 p.m., Verizon Center TV: TSN4; Radio: 1050 AM THE BIG MATCHUP Auston Matthews vs. Alex Ovechkin It’s not a matchup in the true sense, but observers usually can’t take their eyes off either whenever Matthews or Ovechkin goes over the boards. Matthews is one of several who represent the influx of youthful ...

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Sweden Simply Dominant Through Five Games at the World Juniors

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MONTREAL — It is somewhat appropriate that a trio of crowns make up Sweden’s logo at the world junior championship. After all, the Tre Kronor has so far looked like the undisputed king’s of this year’s tournament. Well, at least for now. Following another sweep of the round robin — Sweden has won 40 straight group games, dating back to ...

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