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Carbon Tracker stress test shows oilsands a bad bet for global energy companies
CALGARY – A new study by the Carbon Tracker Initiative shows the world’s biggest oil…
Low oil prices force CHC Group into bankruptcy protection
IRVING, Texas – CHC Group Ltd., the parent company of Vancouver-based CHC Helicopter, is the…
Telus sells part of international unit for $600 million, reports lower profit
VANCOUVER – Telus Corp. has agreed to sell 35 per cent of its international call-centre…
Where’s the beef? Earls restaurants says it’s back in Canada after ‘mistake’
VANCOUVER – The Earls restaurant chain says it will start serving Canadian beef again following…
Wildfire forces heart of Canada’s oilsands to scale back production
CALGARY – The wildfire raging through the heart of Canada’s oilsands capital dealt a blow…
Statistics Canada says the value of building permits issue in March slips
OTTAWA – Statistics Canada says the value of building permits issued by municipalities in March…
Average US rate on 30-year mortgages falls to 3.61 per cent
WASHINGTON – Long-term U.S. mortgage rates fell this week, following the Federal Reserve’s decision not…
Applications for US jobless aid climb, but still near lows
WASHINGTON – More Americans applied for unemployment benefits last week, but the totals stayed near…
Resolute to close Georgia newsprint machine despite better demand environment
MONTREAL – Resolute Forest Products is permanently shutting one of its U.S. newsprint machines even…
Bombardier: Navdeep Bains focused on jobs, R&D and head office
LONGUEUIL, Que. – The federal economic development minister is suggesting Bombardier must keep jobs and…
Most actively traded companies on the TSX
Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock…
Stock markets take breather from week’s volatility; oil ekes out modest gain
TORONTO – Oil supply concerns prompted by a massive wildfire near Fort McMurray, Alta., and…
Ontario sells LCBO headquarter lands to developers for $260 million
TORONTO – A parcel of land on Toronto’s waterfront owned by the Liquor Control Board…
Gasoline prices set to rise as wildfire cuts deep into oilsands production
CALGARY – Gasoline prices are expected to creep up due to the wildfires in Fort…
QuickStats: Facts and figures about employment in Canada for April
OTTAWA – A quick look at April unemployment (previous month in brackets): Unemployment rate: 7.1…
QuickList: Unemployment rates in selected Canadian cities in April
OTTAWA – The national unemployment rate was 7.1 per cent in April. Statistics Canada also…
Western premiers meet, discuss pushing feds to restore disaster funding
VANCOUVER – As wildfires burn uncontrollably across northern Alberta, government leaders in Western Canada are…
Services in Greece grind to halt in 3-day strike
ATHENS, Greece – Services in Greece, from garbage collection to public transport, shut down Friday…
Militants attack Chevron oil facility in Nigeria, shut down
WARRI, Nigeria – Armed militants attacked a major Chevron oil and gas facility off Nigeria’s…
Rio Tinto announces long-delayed expansion of Mongolia mine
BEIJING – Mining giant Rio Tinto on Friday announced the launch of the next stage…
Alberta’s labour woes continue while national job market holds steady
OTTAWA – The country’s latest labour numbers have given Albertans yet another reminder of the…
The Friday news briefing: An at-a-glance survey of some top stories
Highlights from the news file for Friday, May 6: ALBERTA GOVERNMENT GIVES AID TO FIRE…
US airlines enlist travellers in effort to cut security lines
NEW YORK – U.S. airlines have been pressing the government to act to reduce the…
US consumer borrowing jumps 10 per cent in March
WASHINGTON – U.S. consumers sharply increased use of their credit cards in March, pushing up…