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National Business
National Business
Tentative labor deal averts threat of nationwide rail strike
WASHINGTON (AP) — Rail companies and their workers reached a tentative agreement Thursday to avert a nationwide strike that could have shut down the nation's freight trains and devastated the economy less than two months before the midterm elections.
Sep 15, 2022 6:56 PM
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Lululemon founder Chip Wilson gifts $100M to help preserve B.C.'s nature
Lululemon Athletica Inc. founder and billionaire Chip Wilson is donating $100 million to the B.C. Parks Foundation to help protect and enhance the province's nature.
Sep 15, 2022 6:22 PM
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B.C. Liberal leader says more supply is answer to housing affordability crisis
WHISTLER, B.C. — British Columbia's Liberal leader says more supply is the answer to the province's housing affordability crisis, while some local leaders also called for more immediate action.
Sep 15, 2022 5:35 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 (19,560.16, down 165.98 points.) Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down $2.30, or 3.11 per cent, to $71.57 on 7.
Sep 15, 2022 5:31 PM
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S&P/TSX composite ends trading day down more than 150 points, U.S. markets also lower
TORONTO — North American markets ended the trading day in the red, with Canada's main stock index down more than 150 points and U.S. stock markets also lower. The S&P/TSX composite index was down 165.98 points at 19,560.
Sep 15, 2022 5:13 PM
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BMO Capital Markets cutting jobs amid challenging market conditions
TORONTO — Bank of Montreal is cutting jobs in its capital markets division. Spokesperson Kelly Hechler confirmed the job cuts to The Canadian Press Thursday. No additional details were provided on the number of staff or specific roles affected.
Sep 15, 2022 4:32 PM
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Stocks fall, indexes slip deeper into the red for the week
NEW YORK — Stocks closed lower on Wall Street, putting major indexes deeper in the red for the week. The S&P 500 fell 1.1% on Thursday.
Sep 15, 2022 4:09 PM
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Grocery store inflation may have peaked as food supplier cost increases ease: Sobeys
Grocery store inflation may have peaked in Canada as price increases from food manufacturers stabilize, the head of Empire Company Ltd. said Thursday.
Sep 15, 2022 3:56 PM
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Air Canada signs deal to buy 30 electric-hybrid aircraft from Heart Aerospace
Air Canada has signed a deal to buy 30 electric-hybrid aircraft currently under development by a Swedish company.
Sep 15, 2022 3:24 PM
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GM plans $491M Indiana plant upgrade to help support EVs
DETROIT (AP) — General Motors said Thursday it will spend $491 million to expand and upgrade an Indiana metal stamping plant for production of steel and aluminum stamped parts for “future vehicles," including electric vehicles.
Sep 15, 2022 2:16 PM
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