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Shipper costs to rise as regulator approves preliminary interim Trans Mountain tolls

Shipper costs to rise as regulator approves preliminary interim Trans Mountain tolls

CALGARY — The Canada Energy Regulator has approved preliminary interim tolls that would see oil companies pay nearly twice as much to ship crude on the expanded Trans Mountain pipeline as what was estimated in 2017.
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Federal judge blocks Montana's first-in-the-nation ban on TikTok, says it's unconstitutional

Federal judge blocks Montana's first-in-the-nation ban on TikTok, says it's unconstitutional

HELENA, Mont. (AP) — Montana's first-in-the-nation law banning the video-sharing app TikTok in the state has been blocked while a legal challenge to the law moves through the courts, a federal judge ruled Thursday. U.S.
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Some OPEC+ members will cut the oil that they send to the world to try to boost prices

Some OPEC+ members will cut the oil that they send to the world to try to boost prices

LONDON (AP) — The OPEC oil cartel led by Saudi Arabia and allied producers including Russia made another big swipe at propping up lagging crude prices Thursday, expanding some output cuts into next year and bringing up-and-coming oil supplier Brazil
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Applications for jobless benefits up modestly, but continuing claims reach highest level in 2 years

Applications for jobless benefits up modestly, but continuing claims reach highest level in 2 years

Slightly more Americans filed for jobless claims last week, but the overall number of people in the U.S. collecting unemployment benefits rose to its highest level in two years.
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Spectrum auction wraps, bringing more than $2.1 billion

Spectrum auction wraps, bringing more than $2.1 billion

OTTAWA — The federal government has announced the results of its latest spectrum auction offering telecommunications companies the chance to purchase chunks of mid-band wireless spectrum touted for being able to carry a lot of data over long distance
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S&P/TSX composite gains more than 100 points Thursday, U.S. stock markets mixed

S&P/TSX composite gains more than 100 points Thursday, U.S. stock markets mixed

TORONTO — Canada's main stock index gained more than 100 points Thursday, led by strength in financial, industrial and telecom stocks, while U.S. markets were mixed, led by a gain of almost 1.5 per cent on the Dow Jones.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursdayon the Toronto Stock Exchange: Toronto Stock Exchange (20,236.29, up 120.09): Manulife Financial Corp. (TSX:MFC). Financials. Up 34 cents, or 1.30 per cent, to $26.58 on 19.7 million shares.
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Ski-Doo maker BRP feels impact of slower consumer spending as profits, shares drop

Ski-Doo maker BRP feels impact of slower consumer spending as profits, shares drop

MONTREAL — BRP Inc. saw its third-quarter profits tumble by half from a year earlier, triggering a stock price decline as the recreational vehicle maker felt the squeeze of sluggish consumer spending.
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Stock market today: Wall Street closes out its best month in more than a year

Stock market today: Wall Street closes out its best month in more than a year

NEW YORK — Stocks ended mostly higher on Wall Street and closed out November with big gains. The S&P 500 rose 0.4% Thursday. The index rose 8.9% in November, its biggest monthly gain in more than a year.
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Netflix urges CRTC to recognize its existing contributions to Canadian broadcasting

Netflix urges CRTC to recognize its existing contributions to Canadian broadcasting

Streaming giant Netflix says the CRTC should recognize the role it already plays in helping fund Canada's broadcasting industry and reject calls to mandate an additional payment from the company.
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