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National Business
Calgary's downtown office vacancy rate hits new high; on track to surpass 30 per cent
Calgary's downtown office vacancy rate is on track to top 30 per cent and potentially reach a level unseen in a major North American city since the 1930s, a commercial real estate firm said Thursday.
Jul 22, 2021 5:38 PM
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S&P/TSX composite index falls on pressure from materials, U.S. markets up slightly
TORONTO — Canada's main stock index fell after a mixed day that saw losses in materials and healthcare stocks, while U.S markets had gained slightly.
Jul 22, 2021 5:10 PM
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Precision Drilling posts $75.9 million loss in second quarter despite better outlook
CALGARY — Precision Drilling Corp. tripled its Canadian rig count in the second quarter, even as its net loss surged to $75.9 million because of compensation charges. The Calgary-based company lost $5.71 per diluted share, compared with a loss of $3.
Jul 22, 2021 3:29 PM
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Private sale or trade-in? Selling your vehicle comes down to cash vs. convenience
HALIFAX — Jonathan Tyson sold two cars in two years. The first, a Volkswagen Golf, he advertised through online classifieds and sold privately.
Jul 22, 2021 12:35 PM
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FirstEnergy to pay $230M in settlement in Ohio bribery case
CINCINNATI (AP) — The energy giant at the center of a $60 million bribery scheme in Ohio admitted to riveting new details of its role in the conspiracy Thursday as part of a settlement agreement with federal prosecutors, including how it used secret
Jul 22, 2021 12:32 PM
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Exfo board won't pursue rival bid after founder insists on his take-private offer
QUEBEC — The board of director of Exfo Inc. has decided not to pursue an unsolicited takeover proposal from competitor Viavi Solutions Inc. after its controlling shareholder rejected anything but his deal to take the company private.
Jul 22, 2021 12:01 PM
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Existing US home sales up in June; prices reach new heights
Sales of previously occupied U.S. homes rose in June, snapping a four-month losing streak, while strong demand for higher-end properties and ultra-low mortgage rates helped push prices to new highs. Existing homes sales rose 1.
Jul 22, 2021 11:12 AM
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Amazon cancels Prime Day in Canada in 2021 due to COVID-19 after postponing in 2020
TORONTO — Amazon has cancelled its Prime Day marketing event in Canada this year due to the impact of COVID-19 on its operations.
Jul 22, 2021 10:53 AM
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Unifor issues 72-hour strike notice at Rio Tinto facilities in Kitimat, Kemano, B.C.
KITIMAT, B.C. — The union representing Rio Tinto employees in British Columbia has issued a 72-hour strike notice after nearly seven weeks of negotiations.
Jul 22, 2021 10:36 AM
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Small business group launches petition to maintain government financial supports
TORONTO — A group representing Canada's small business sector has launched a petition pressing the federal government to halt the phasing out of financial support programs.
Jul 22, 2021 9:45 AM
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