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National Business

AP Source: GM to announce $1B factory investment, new jobs

DETROIT — General Motors will announce a $1 billion investment in its factories that will create or keep around 1,000 jobs, a person briefed on the matter said Monday. The Detroit automaker will make the announcement Tuesday morning.

B.C. housing minister says first-time home buyer program attracting applicants

VANCOUVER — British Columbia's housing minister says a program to help first-time homebuyers received applications within hours of launching.
UK's May signals EU clean break: no 'half-in, half-out'

UK's May signals EU clean break: no 'half-in, half-out'

LONDON — Britain will make a clean break from the European Union and not seek to remain "half-in, half-out," Prime Minister Theresa May will say Tuesday, disappointing businesses and voters who want the country to stay in the bloc's single market.
88 million tons a year: Auditors decry EU food waste

88 million tons a year: Auditors decry EU food waste

BRUSSELS — The sheer waste of food had been bothering teacher Marijke De Jongh for so long that two years ago she set up a pop-up restaurant to serve perfectly good groceries and meat that were approaching their expiry date.

Corridor Resources secures new exploration licence for Old Harry prospect

HALIFAX — Corridor Resources Inc. has been granted more time to explore the Old Harry oil and gas prospect off the coast of Newfoundland despite objections from environmentalists.
Impish, boyish looks permeate Milan's menswear runways

Impish, boyish looks permeate Milan's menswear runways

MILAN — Impish, boyish looks are permeating the Milan menswear runway this season, and the mood seems to be a search for a simpler past.

RCMP say someone did $500K damage to a pipeline in northwestern Alberta

HYTHE, Alta. — Mounties are investigating after a pipeline in northwestern Alberta was vandalized, causing more than $500,000 damage. Const.

Canadian dollar, S&P/TSX composite index down; U.S. stock markets closed

TORONTO — The Canadian dollar and Toronto Stock Exchange lost some ground Monday as key U.S. markets stayed closed for a holiday south of the border. The S&P/TSX composite index dropped 17.99 points at 15,479.29.

Most actively traded companies on the TSX

Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (15,479.29, down 17.99 points) : Orbite Technologies Inc. (TSX:ORT). Miner. Down two cents, or 7.14 per cent, to 26 cents on 3.5 million shares.

Montreal transit authority removes new Bombardier-Alstom from Metro

Montreal's transit authority has stopped using its new subway trains following a weekend incident that caused a lengthy shutdown along one of the Metro lines.