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Approved oilsands project now awaits pipeline capacity increases: developer

Approved oilsands project now awaits pipeline capacity increases: developer

CALGARY — The developer of a 12,000-barrel-per-day thermal oilsands project approved Thursday by the Alberta government says actually going ahead with construction depends largely on when new pipelines can be in service.
The Second Cup agrees to buy Ottawa chain Bridgehead Coffee for $9.5 million

The Second Cup agrees to buy Ottawa chain Bridgehead Coffee for $9.5 million

The Second Cup Ltd. shares soared after the company announced it will acquire a popular Ottawa-based coffee chain in its first deal since it revealed plans to become a conglomerate of players in the coffee, food service and cannabis sectors.
CIBC, TD close bleak Q4 earning season with lower profit, higher loss provisions

CIBC, TD close bleak Q4 earning season with lower profit, higher loss provisions

TORONTO — Canada's banking sector closed out its fourth-quarter earnings season Thursday with CIBC and TD providing more evidence of a challenging economic environment. Canadian Imperial Bank of Commerce reported $1.
Tufts University severs ties with family behind OxyContin

Tufts University severs ties with family behind OxyContin

BOSTON — Tufts University is cutting ties with the billionaire family that owns OxyContin maker Purdue Pharma, saying it will strip the Sackler name from its campus and accept no further donations amid concerns over the family's role in the opioid cr
Federal regulator approves expanded Kitimat LNG gas export licence

Federal regulator approves expanded Kitimat LNG gas export licence

CALGARY — The Canada Energy Regulator says it has approved an application from Chevron Canada for a 40-year licence to export natural gas from the proposed Kitimat LNG project despite environmental opposition.
Bank of Canada deputy governor Timothy Lane says Canadian economy resilient

Bank of Canada deputy governor Timothy Lane says Canadian economy resilient

OTTAWA — The Canadian economy remains resilient despite the global uncertainty caused by the trade war between the United States and China, a senior Bank of Canada official said Thursday.
Canada's main stock index down, U.S. stock markets down, loonie up

Canada's main stock index down, U.S. stock markets down, loonie up

TORONTO — Canada's main stock index and its U.S. counterparts were down moderately in late-morning trading. The S&P/TSX composite index was down 45.67 points at 16,852. In New York, the Dow Jones industrial average was down 39.

Statistics Canada says merchandise trade deficit was $1.1B in October

OTTAWA — Statistics Canada says the country's merchandise trade deficit with the world was $1.1 billion in October. The result came as figures for September were revised to show a deficit of $1.
Aeroplan workers ratify collective agreement after joining Air Canada

Aeroplan workers ratify collective agreement after joining Air Canada

TORONTO — About 400 Aeroplan workers have ratified a collective agreement that standardizes wages for employees of the newly acquired loyalty program.
A little financial housekeeping at the end of the year can help on your taxes

A little financial housekeeping at the end of the year can help on your taxes

OTTAWA — You may be reluctant to add one more item to an already daunting holiday to-do list, but financial experts want to make sure your financial plan doesn't get neglected in the year-end rush as 2019 comes to a close.
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