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Impact assessment law ruling could 'reset' Canadian energy policy landscape: CAPP
CALGARY — Last week's ruling by the Supreme Court of Canada against large portions of the federal government's impact assessment law could reset the policy landscape in this country in favour of energy development, the head of a major oil and gas lob
Oct 18, 2023 6:30 PM
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St. Lawrence Seaway workers issue strike notice, could walk as of midnight Saturday
MONTREAL — Unifor says workers at the St. Lawrence Seaway Corp. are ready to strike as of midnight Saturday. It says it has issued a 72-hour strike notice to the employer and will bargain through Thursday in an attempt to reach a deal.
Oct 18, 2023 6:11 PM
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Canadian, U.S. markets fall amid ongoing rate uncertainty, mixed U.S. earnings
TORONTO — Canada's main stock index lost more than one per cent Wednesday amid broad-based losses led by industrials, utilities and base metals, while U.S. markets also fell. The S&P/TSX composite index closed down 242.10 points at 19,450.70.
Oct 18, 2023 4:44 PM
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Air Canada stock slides to one-year low despite frothy summer profits
MONTREAL — Air Canada's share price hit a one-year low on Wednesday as the airline navigates higher fuel costs, competition and interest rates. The company's stock slipped 3.49 per cent to close at $17.13, marking its lowest price since Oct.
Oct 18, 2023 4:41 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,450.70, down 242.10 points): TC Energy Corp. (TSX:TRP). Energy. Down 48 cents, or 1.00 per cent, to $47.41 on 8.8 million shares.
Oct 18, 2023 4:41 PM
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Stock market today: Wall Street drops following profit reports, and oil prices jump on war worries
NEW YORK (AP) — Wall Street dropped after big U.S. companies delivered a mixed set of profit reports and rising Treasury yields tightened the vise further on the stock market. Worries about war in the Middle East also dragged on the market Wednesday.
Oct 18, 2023 4:05 PM
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Scotiabank cutting 3% of global workforce, will take $590M Q4 charge after tax
TORONTO — Scotiabank said Wednesday that it is cutting about three per cent of its global workforce, becoming the latest Canadian bank to trim staff amid continued economic uncertainty.
Oct 18, 2023 3:25 PM
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Air Miles announces hotel and vacation rental partnership with Expedia
TORONTO — Loyalty program operator Air Miles has announced a partnership for hotels and vacation rentals with Expedia Group Inc. as part of its of newly launched travel booking platform. The U.S.
Oct 18, 2023 1:42 PM
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Musk's X tests $1 fee for new users in the Philippines and New Zealand in bid to target spam
LONDON (AP) — Elon Musk's social media platform X has begun charging a $1 fee to new users in the Philippines and New Zealand, in a test designed to cut down on the spam and fake accounts flourishing on the site formerly known as Twitter.
Oct 18, 2023 11:58 AM
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MNP consumer debt index improves, but consumer outlook worsens
CALGARY — A report by insolvency firm MNP Ltd. says its consumer debt index improved slightly in its latest quarter as Canadians felt marginally better about their ability to pay their debts.
Oct 18, 2023 11:51 AM
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