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National Business
National Business
Pembina Pipeline needs Trans Mountain certainty before considering an offer: CEO
CALGARY — The CEO of Pembina Pipeline Corp. says the company needs more certainty over timing, regulations and costs related to the Trans Mountain expansion project before deciding whether to make an offer for an equity stake in the pipeline.
Nov 3, 2023 4:00 PM
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State of local emergency lifts in Harrison Hot Springs as pumps at water plant fixed
HARRISON HOT SPRINGS, B.C. — A state of local emergency has lifted in the Village of Harrison Hot Springs, east of Vancouver, just days after it was issued when problems at the local water treatment facility put water availability at risk.
Nov 3, 2023 2:56 PM
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Publisac flyer service shutting down in Quebec, leaving local newspapers in limbo
MONTREAL — The owner of Quebec's main flyer distributor announced on Friday it will end the 45-year-old service, forcing more than 50 beleaguered local newspapers to rethink their strategy as well.
Nov 3, 2023 2:47 PM
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US employers pulled back on hiring in October, adding 150,000 jobs in face of higher borrowing rates
WASHINGTON (AP) — The nation’s employers slowed their hiring in October, adding a modest but still decent 150,000 jobs, a sign that the labor market may be cooling but remains resilient despite high interest rates that have made borrowing much costli
Nov 3, 2023 2:31 PM
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Supreme Court will rule on ban on rapid-fire gun bump stocks, used in the Las Vegas mass shooting
WASHINGTON (AP) — The Supreme Court agreed on Friday to decide whether a Trump era-ban on bump stocks , the gun attachments that allow semi-automatic weapons to fire rapidly like machine guns, violates federal law.
Nov 3, 2023 2:28 PM
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RioCan REIT pauses new construction starts amid high interest rates
TORONTO — High interest rates and rising costs have pushed RioCan Real Estate Investment Trust to put a halt to starting any major new construction projects.
Nov 3, 2023 1:33 PM
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Canadian business insolvencies surge almost 42 per cent from last year
OTTAWA — Canadian business insolvencies were up 41.8 per cent from a year earlier in the third quarter, surpassing pre-pandemic levels.
Nov 3, 2023 1:21 PM
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Tim Hortons seeking more afternoon, evening sales as parent reports US$364M profit
TORONTO — Long associated with morning coffee runs and breakfast, Tim Hortons is setting its sights on dominating the second half of the day too. "We are really super excited about the opportunities to be had in the p.m.
Nov 3, 2023 1:17 PM
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Enbridge to purchase U.S. renewable gas facilities for US$1.2 billion
CALGARY — Canadian pipeline giant Enbridge Inc. has signed a deal to purchase seven existing renewable natural gas facilities in Texas and Arkansas for US$1.2 billion.
Nov 3, 2023 12:55 PM
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OSC tribunal approves $8M settlement over RBC accounting practices
TORONTO — The Ontario Securities Commission has approved an $8-million settlement with Royal Bank of Canada over issues with its tracking of costs related to internal software development.
Nov 3, 2023 12:40 PM
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