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The Royal Bank of Canada will pay $1.1 billion cash to buy remaining half of RBC Dexia, an advisor to pension fund managers and institutional investors.

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Italian PM Mario Monti says when the “father and mother” of the Eurozone ignore deficit targets, it sets a bad example for other member nations.

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Statistics Canada says exports rose 4.5 per cent in December and imports edged up 0.8 per cent, pushing the country’s trade surplus with the rest of the world to $2.7 billion from…

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