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The historical fiction novel won in a 4-1 vote on the final day of the great Canadian book debate.

Gold jumped after Iran announced that the Strait of Hormuz is now “completely open” for commercial traffic, a major step toward ending a war with the U.S. and Israel that has sent energy prices soaring and threatened economic growth. Bullion gained as much as 2.1 per cent before paring some gains as the dollar and…

OTTAWA — Canada’s ambassador to the United States, Mark Wiseman, will testify before a House of Commons committee next Thursday, in his first address to parliamentarians since taking up the job in mid-February. A spokesperson for the Bloc Québécois confirmed that Wiseman will attend the Foreign Affairs and International Development committee in person. In early…

A key gauge of emerging-market currencies has fully recovered its losses from the start of the United States-Iran war, driven by optimism that the conflict is de-escalating after Iran reopened the Strait of Hormuz. The MSCI Emerging Markets Currency Index rose 0.6 per cent to 1,884.37 points on Friday, after Iran announced that the Strait…

Nippon Express Holdings Inc. will acquire Canada-based Metro Supply Chain Group for as much as $2.2 billion to strengthen its logistics presence in North America . The agreement includes the purchase of the company at an enterprise value of $1.8 billion, plus a payment of as much as $400 million in cash, conditional on Metro…

Intel Corp. shares leaped to their highest intraday level since the dot-com era on Friday as optimism that the chipmaker’s turnaround plan is working continues to grow. The stock rose as much as 1.5 per cent to US$69.55, topping a peak it hit on Jan. 24, 2020. The shares are up 90 per cent this…

Montreal has activated its emergency response plan to ensure the city and surrounding municipalities are prepared for potential flooding this weekend.

The International Monetary Fund lauded Canada’s fiscal position relative to its peers as Prime Minister Mark Carney prepares to give an update on his government’s finances. “Across the Group of Seven , Canada’s probably in the strongest position fiscally,” Nigel Chalk, director of the IMF’s Western Hemisphere Department, said in an interview in Washington. Finance…

Sexual assault charges against a self-styled spiritual leader and his wife in the Edmonton area have been stayed.

Chip Wilson is building up a business of small athletic-focused brands , according to a person familiar with the matter, setting up new avenues for potential growth for the billionaire founder of Lululemon Athletica Inc . The venture will include new brands as well as existing small brands , the person said. Wilson hired an…