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Uber survey: 26 per cent of Canadian drivers rate company poor for dependable earnings

SAN FRANCISCO -- A new report from Uber Technologies Inc. says its Canadian drivers and couriers don't think they receive dependable earnings.
The survey of 23,428 people earning money through the company's platform says only 31 per cent rated Uber as “good” for dependable earnings.
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Bell CEO's high-speed connected cottage in Lac-Sainte-Marie, Que., fuels bandwidth envy

In the municipality of Lac-Sainte-Marie, Que., about an hour's drive north of Ottawa, one of the easiest ways to rile up local residents is to ask them about their internet connections.
Whether it's through wireless service, satellite providers or copper lines, the usual response is that working out of home, having kids attend online classes or watching movies is a frustrating — and sometimes impossible — task.
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Alberta says public consultations on plans to expand coal-mining will begin next month

Alberta says public consultations on its plans to expand coal-mining will begin March 29 but there's no decision yet on how they will go ahead.
"I have directed my department officials to bring forward a comprehensive consultation plan that is by Albertans and for Albertans," Energy Minister Sonya Savage said Tuesday in a release.
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CMHC: majority of mortgage deferrals have ended, risk of arrears could re-emerge

OTTAWA -- Most homeowners who sought deferrals for mortgages last year have seen their deferral periods end, but the Canada Mortgage and Housing Corp. says the risk of these borrowers falling into arrears could re-emerge.
The federal housing agency says in a report that more than 25 million homeowners with mortgages insured by CMHC sought payment deferrals between last March and September, but by the end of that period almost 65 per cent of the deferrals had ended.
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Royal Bank reports Q1 profit up from year ago, beats expectations

TORONTO -- Royal Bank of Canada beat expectations as it reported its first-quarter profit rose compared with a year ago, before the start of the pandemic, boosted by record earnings from capital markets as well as growth in personal and commercial banking, wealth management and insurance.
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Number of women on U.K. corporate boards rises 50 per cent in 5 years

LONDON -- Women now hold more than a third of the seats on the boards of Britain's biggest companies, meeting a government target set five years ago.
The number of women on the boards of directors of Britain's 350 top publicly traded firms has jumped by more than 50 per cent since 2015, meaning that 34.3 per cent of all board seats are now held by women, an independent panel said in a report published Wednesday.
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Nissan ex-CEO tells Japanese court Ghosn's pay was too low

TOKYO -- Former Nissan Chief Executive Hiroto Saikawa told a Japanese court Wednesday he believed the compensation for his predecessor Carlos Ghosn was too low "by international standards," and so he supported Ghosn's retirement packages to prevent him from leaving.
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ExxonMobil sells some North Sea drilling, exploration sites

ExxonMobil is selling most of its drilling and exploration assets off the coast of the U.K. in the North Sea for more than US$1 billion.
Exxon has heightened its focus on other oil rich regions, including the Permian Basin in the Southwest United States.
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Asian shares slip on jitters over inflation, interest rates

BANGKOK -- Shares fell Wednesday in Asia as investors weighed the possibility that inflation might prompt central banks to adjust their ultra-low interest rate policies, despite reassurances from the chair of the U.S. Federal Reserve.
Hong Kong led the decline, losing 2.7% to 29,809.43.
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HUNTSVILLE, ONT. -- Over the past year, one thing has become abundantly clear as we work from home. We now know with crystal clear clarity what our homespace should look like. If it didn't meet your new expectations, you likely have been on the move.
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World shares retreat as investors study inflation risks

BANGKOK -- World shares fell on Wednesday as investors weighed the possibility that inflation might prompt central banks to adjust their ultra-low interest rate policies.
Investors increasingly are focusing on a big tick up in bond yields and how it affects stock valuations, analysts say.
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National Bank reports Q1 profit up from year ago, tops expectations

MONTREAL -- National Bank of Canada topped expectations as it reported its first-quarter profit rose more than 20 per cent compared with a year ago, boosted by growth across its business.
The Montreal-based bank says it earned net income of $761 million or $2.15 per diluted share for the quarter ended Jan.
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Stocks pick up as investors look to more Powell comments

BANGKOK -- World shares picked up Wednesday on positive economic data in Europe and as investors looked to a second day of testimony by Federal Reserve Chair Jerome Powell for his outlook on economic stimulus.
Investors have this week focused on a rise in bond yields and how it affects stock valuations, analysts say.
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