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National Business
Debt ceiling deal advances pipeline and tweaks environmental rules. But more work remains.
WASHINGTON (AP) — Despite weeks of negotiations, the White House and House Republicans were unable to reach a comprehensive agreement to overhaul environmental regulations and streamline federal permitting as part of their debt ceiling deal , instead
Jun 1, 2023 11:32 PM
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Just days to spare, Senate gives final approval to debt ceiling deal, sending it to Biden
WASHINGTON (AP) — Fending off a U.S.
Jun 1, 2023 11:19 PM
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Suncor to cut 1,500 jobs by end of year, employees informed Thursday
CALGARY — Suncor Energy Inc. will cut 1,500 jobs by the end of the year, as new CEO Rich Kruger forges ahead with his mandate to reduce costs and improve the company's lagging financial performance.
Jun 1, 2023 7:02 PM
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Air Canada technical issue stabilizing, but airline says to expect more flight delays
Air Canada says its communicator system has begun to stabilize after experiencing technical problems on Thursday morning, but travellers are still expected to face delays and cancellations before it is back fully up and running.
Jun 1, 2023 6:04 PM
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Lululemon sees revenue, income rise in first quarter with strong international growth
VANCOUVER — Lululemon Athletica Inc. reported net income of US$290.4 million for the first quarter of 2023, up almost 53 per centfrom US$190.0 million a year earlier. The Vancouver-based company, which reports in U.S.
Jun 1, 2023 5:09 PM
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Globe and Mail CEO Phillip Crawley to retire, Andrew Saunders named as successor
TORONTO — The Globe and Mail announced Thursday that longtime CEO Phillip Crawley is retiring later this year after 25 years at the helm of the newspaper.
Jun 1, 2023 5:06 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,672.25, up 100.01): Suncor Energy Inc. (TSX:SU). Energy. Up 51 cents, or 1.34 per cent, to $38.54 on 11.7 million shares.
Jun 1, 2023 4:54 PM
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S&P/TSX composite gains 100 points on energy and base metals; U.S. markets also rise
TORONTO — Canada's main stock index gained a hundred points Thursday led by strength in the energy and base metals sectors, while U.S. stock markets also climbed higher. The S&P/TSX composite index closed up 100.01 points at 19,672.
Jun 1, 2023 4:39 PM
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Stock market today: Wall Street rises with hopes for pause to rate hikes
NEW YORK (AP) — Wall Street closed higher on hopes that the Federal Reserve may soon take it easier on its hikes to interest rates, with the S&P 500 gaining 1% Thursday. Several reports painted a picture of a split U.S. economy.
Jun 1, 2023 4:13 PM
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Re/Max report forecasts commercial real estate upswing later this year
A new report released by Re/Max Canada predicts some Canadian cities could see an upswing in demand for commercial real estate in the next six months.
Jun 1, 2023 3:43 PM
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