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Loonie drops to 14-month low but Toronto stock index up despite lumber dispute

TORONTO — A rekindled softwood lumber trade dispute with the United States pushed the Canadian dollar to its lowest level in 14 months on Tuesday. The loonie lost 0.29 of a U.S. cent to close at 73.

'Like Groundhog Day:' Alberta disappointed in softwood lumber tariffs

EDMONTON — Alberta's forestry minister says the province is disappointed the United States has decided to impose tariffs of up to 24 per cent on Canadian lumber. Oneil Carlier says this is the fifth time the issue has been disputed since 1982.

Rough week for Fox broadcast in television ratings

NEW YORK — It felt like a summer week on the Fox broadcasting network — and that's not a good thing. Bereft of hits and in the traditional April lull before the last big month of the traditional TV season, Fox averaged a paltry 2.

Most actively traded companies on the TSX

Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,745.19, up 32.73 points): Toronto-Dominion Bank (TSX:TD). Bank. Up 12 cents, or 0.18 per cent, to $66.80 on 19.1 million shares.

Congressional organization denies credentials to Breitbart

WASHINGTON — The panel that approves media credentials to cover Congress declined to grant permanent credentials to Breitbart News Network, LLC.
Reducing debt, maintaining discipline among Barrick's priorities: president

Reducing debt, maintaining discipline among Barrick's priorities: president

TORONTO — Barrick Gold (TSX:ABX) says it will focus on maximizing its free cash flow, reducing debt and maintaining investment discipline in the year ahead.
Hello? Justice Stephen Breyer's cellphone rings in court

Hello? Justice Stephen Breyer's cellphone rings in court

WASHINGTON — Even Supreme Court justices forget to turn off their cellphones. A high court argument on Tuesday was interrupted by the familiar sound of a ring chime, and Justice Stephen Breyer seemed to be the culprit.

Metro Q2 profit beats estimates despite lower produce, meat, dairy prices

TORONTO — The chief executive of Metro Inc. says prices for produce, meat and dairy were lower in its most recent quarter, but the grocer still increased its profits and beat analyst estimates.
Beer coming to some Taco Bell stores starting this summer

Beer coming to some Taco Bell stores starting this summer

TORONTO — Taco Bell customers will be able to grab beer with their tacos and burritos at some Canadian stores starting this June.
Billy Bee and Doyon honey brands shifts to all-Canadian honey in Canada

Billy Bee and Doyon honey brands shifts to all-Canadian honey in Canada

TORONTO — The company that owns the Billy Bee and Doyon honey brands says it will start using only Canadian honey for both products in Canada this year. McCormick & Co.